Justice A.M. Liman of the Federal High Court sitting in Ikoyi, Lagos made the final forfeiture order against the convicted fraudster on Wednesday.
Liman had on 23 March ordered the interim forfeiture of the money domiciled in First City Monument Bank.
This followed an ex parte application dated 18 December 2019 filed by the Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC.
In granting the interim forfeiture order, the Judge ordered the Commission to advertise same in any national newspaper for anyone to show cause why the said money should not be finally forfeited to the Federal Government of Nigeria.
Following the publication of the order in a national newspaper, the Commission, on June 2, 2020, filed a Motion on Notice seeking the final forfeiture of the money to the Federal Government.
During the proceedings on November 12, 2020, counsel to the Commission, I. Sulaiman, urged the court to grant his prayers for final forfeiture of the money, which is reasonably suspected to be proceeds of unlawful activities.
In his ruling, Justice Liman granted the applicant’s prayers and also ordered the final forfeiture of the money to the Federal Government.
Okeke, who is the Chief Executive Officer, CEO, Invictus Group, was arrested sometime in August 2019 in the USA, and charged with two counts of computer fraud and wire fraud.
He pleaded guilty to the charge in a trial in US District Court in Norfolk Virginia.
His sentencing was initially fixed for 22 October, but was postponed till 16 February 2021.
The 36 year-old scammer faces up to 20 years in jail and $250,000 in fines.
As a scammer, Okeke was involved in business email compromise.
In one of such scams, he defrauded UK based UNATRAC Holding, a subsidiary of American company Caterpillar of $11million via spurious wire transfers.
In June 2018, representatives of Unatrac Holding Limited contacted the FBI.
Okeke was arrested on 6 August 2019, during a visit to the United States.
Before his arrest, Forbes listed him as one of the influential young entrepreneurs in Africa.
Liman had on 23 March ordered the interim forfeiture of the money domiciled in First City Monument Bank.
This followed an ex parte application dated 18 December 2019 filed by the Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC.
In granting the interim forfeiture order, the Judge ordered the Commission to advertise same in any national newspaper for anyone to show cause why the said money should not be finally forfeited to the Federal Government of Nigeria.
Following the publication of the order in a national newspaper, the Commission, on June 2, 2020, filed a Motion on Notice seeking the final forfeiture of the money to the Federal Government.
During the proceedings on November 12, 2020, counsel to the Commission, I. Sulaiman, urged the court to grant his prayers for final forfeiture of the money, which is reasonably suspected to be proceeds of unlawful activities.
In his ruling, Justice Liman granted the applicant’s prayers and also ordered the final forfeiture of the money to the Federal Government.
Okeke, who is the Chief Executive Officer, CEO, Invictus Group, was arrested sometime in August 2019 in the USA, and charged with two counts of computer fraud and wire fraud.
He pleaded guilty to the charge in a trial in US District Court in Norfolk Virginia.
His sentencing was initially fixed for 22 October, but was postponed till 16 February 2021.
The 36 year-old scammer faces up to 20 years in jail and $250,000 in fines.
As a scammer, Okeke was involved in business email compromise.
In one of such scams, he defrauded UK based UNATRAC Holding, a subsidiary of American company Caterpillar of $11million via spurious wire transfers.
In June 2018, representatives of Unatrac Holding Limited contacted the FBI.
Okeke was arrested on 6 August 2019, during a visit to the United States.
Before his arrest, Forbes listed him as one of the influential young entrepreneurs in Africa.
from pmnewsnigeria.com
WHO WILL TAKE OVER THIS MONEY AND WHAT WILL IT BE USED FOR????
And what will Nigeria government do with the said money?
ReplyDeletePolitrickans share it amongst themselves as usual.
DeleteNigerian govt is a bigger scam. Scamming the scammer. Smh
ReplyDelete@Yvonne, you are so correct!
DeleteChaiiiii!!!
ReplyDeleteSo he'll go to jail and come out to nothing!!!
Crime doesn't pay
Am some government official will divert the money into there account
DeleteLmao...which one is yahoo yahoo big boy?
ReplyDeleteI follow you ask that question o Stella.
ReplyDeleteApc, another stack of money for you guys to share. That’s all you been doing with the repatriated Abacha loot. Instead of absorbing it into the system and making something great out of it, you loot, stash and lockup. You guys have squandered and rubbished Nigeria to a point of embarrassment.
ReplyDeleteHavé at it to your fill 😏😒.
The stupid Nigerians who voted them should enjoy.
DeleteOluwa!!!
ReplyDeleteStella I follow you ask oooo...
Another thief will still steal it
ReplyDeleteChai forfeiting money to the real sinzus and spending..Chineke nna!!!
ReplyDeleteOle gbe, ole gba. Thief steal am ,another thief collect am
ReplyDeleteI'm wondering who will arrest the people that will SEAT on the seized money too🙄
DeleteYahoo big bog enriching the grandmasters of yahoo in the disguise of the Nigerian government. What an irony.
ReplyDelete@Chisom, that's so true!
DeleteThey are the real scammers here
DeleteIf you ask me na who I go ask 🤷🤷🤷🤷
ReplyDeleteBut it wasn't his in the first place na
ReplyDeleteMy God! See money!
ReplyDeleteMay we marry husbands who will not bring public humiliation to our doorsteps.
ReplyDeleteSMH
DeleteAlleged?
ReplyDeleteLady Stella, he is no longer an alleged BEC criminal because he is already adjudged as one by a competent court of law.
How good and pleasant it would be if Nigerian politicians would agree to use this money to refurbish one hospital or some vocational schools to the max possible with the money
if only this money can be put back in the system, even if it is to pay for dialysis and cancer treatment for 100 people...
ReplyDelete