Court orders final forfeiture of over N280m traced to Invictus Obi

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The Federal High Court sitting in Lagos has ordered the final forfeiture to the Federal Government, the sum of N280,555,010 traced to Obinwanne Okeke, popularly known as Invictus Obi.

Justice Rilwan Aikawa made the order of final forfeiture on Thursday following the submissions of the EFCC Counsel, Rotimi Oyedepo.

The Economic and Financial Crimes Commission (EFCC) had told the court that the funds were warehoused in the Nigerian bank accounts of Invictus Oil and Gas Limited and Invictus Investment Limited, respectively.

The anti-graft agency had also said the two firms were owned by Invictus Obi whom it described as, “a strong leader of a cyber-crime syndicate that specialises in business e-mail compromise”.

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