Court orders final forfeiture of Lagos duplex linked to alleged forex fraud
A Federal High Court in Ikoyi, Lagos State, has issued a permanent forfeiture order for a four-bedroom duplex linked to ongoing investigations into foreign exchange fraud and money laundering. The property will be surrendered to the Federal Government.
The development was announced by the Economic and Financial Crimes Commission (EFCC) in a statement on its verified Facebook page on Friday.
Located at 21A Victory Estate, Ago Palace Way, the duplex is associated with Chidiebere Onyeoma Okeke, who is under investigation for possible involvement in the alleged financial crimes.
Justice Dehinde Dipeolu granted the final forfeiture order after reviewing an application submitted by the EFCC. The motion was presented by the agency’s Lagos Zonal Directorate 1, represented by counsel H.U. Kofarnaisa.
In his ruling, Justice Dipeolu deemed the application valid and authorized the final forfeiture of the property to the Federal Government. The EFCC stated that this action is part of its ongoing efforts to recover assets suspected to have been obtained through illegal financial activities.
