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N50m Fraud: Rivers Police breaks jinx, tracks suspect wanted by EFCC for 4 years to Lagos

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Juliana Francis

Operatives of the Rivers State Police Command have finally broken a four-year jinx by arresting a suspect, Joel MBA Okodi, who has been wanted by the Economic and Financial Crimes Commission (EFCC) for four years.

Okodi, popularly referred to as ‘Chief,’ was a resident at No. 21, Abak Road Ikot-Ekpene, Akwa Ibom State, Nigeria and is listed as a Director at Chismo Resources Limited, Ikot-Ekpene.

He allegedly defrauded one Chief Okosisi the sum of N50 million and was arrested by the EFCC after the case was reported.

While the fraud case was being investigated, he coaxed another victim, Mr Ochulor Okeokwu, to stand as surety for him.

To secure the suspect’s release, Okeokwu unsuspectingly tendered his house documents worth N50 million as collateral at the EFCC Office in Port Harcourt.

After that, the suspect refused to turn up for investigations at the EFCC office and was nowhere to be found, evading phone calls. On the few occasions he was reached via phone calls, he violently threatened Okeokwu to desist from calling him.

Okeokwu then proceeded to send a petition to the Inspector General of Police (IGP), who approved and forwarded it to the Rivers State Commissioner of Police, CP Olatunji Rilwan Disu, who immediately sprang into action and mandated men of Operation Sting to ensure that the suspect was arrested in the shortest time possible.

The operatives of the Rivers State Police Command then proceeded to carry out a thorough Investigation and diligent finding to ascertain the location of the suspect as somewhere in Ajegunle Apapa Lagos where he had been in hiding all these years.

The operatives then submitted relevant policing documents, mobilised, and went to Lagos to carry out the arrest on the 18th of January 2024 at about 8:34 PM at Ajegunle in Lagos.

The coordinated efforts to carry out the arrest reveal that there is truly no hiding place for criminals. The case is currently being handled by the EFCC.

Disu seizes the opportunity to advise individuals to be cautious when standing surety. This was even as he added that there would be no hiding place for criminals in the state.

 

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