Metro
Bank Fraud: Court Orders Forfeiture Of Cash, Properties

Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, ordered the final forfeiture of two properties, several cars and cash to the Federal Government of Nigeria.
According to a statement posted on the official X account of the Economic and Financial Crimes Commission on Friday, the Judge gave the order, following a motion on notice filed by the Lagos Zonal Directorate 1 of the EFCC, through its lawyer, H. U. Kofarnaisa.
In an affidavit deposed by the investigating officer of the EFCC, Sulaiman Muhammad told the court that the commission received a petition from a first-generation bank which complained of a monumental fraud allegedly committed on the account of some of its customers, which totalled N1,403,343,400.
The statement said, “The properties are one unit of a three-bedroom bungalow in Abuja; No. 8, Grace Crescent, Efab Queens Estate, Gwarimpa FCT, Abuja; one Mercedes Benz C300; one gray-coloured BMW 3 Series SUV, and one Black coloured Range Rover 2012.
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“Others are three Toyota Hilux of 2008, 2010 and 2014 models; one black coloured BMW SURXI 2016 and two Range Rover vehicles. Other items forfeited included a cash sum of N326,400,000 and another $480,000.
“Justice Osiagor had earlier ordered the interim forfeiture of the properties and also ordered the publication of the said order in a national newspaper for any interested parties to show cause why they should not be finally forfeited to the Federal Government.”
Moving the application for the final forfeiture on Friday, Kofarnaisa told the court that the application was supported by an affidavit from Muhammad.
In the affidavit, Muhammad stated that the bank subsequently submitted an addendum to the petition dated July 24, 2023, wherein the total sum of N2,007,000,000 was fraudulently stolen from the customers of the bank.
According to him, the bank discovered that some customers’ accounts were debited in a manner other than the pattern familiar to the bank, which led to an internal investigation by the audit unit of the bank.
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He further stated that the investigation revealed that Atus Homes Limited fraudulently received a total sum of N681,200,000 from 126 customers’ accounts in different tranches.
“An investigation also revealed that Fav Oil and Gas Limited fraudulently received a cumulative sum of N1,388,000,000 from 429 customers’ accounts in different tranches.
“That the total sum of N887,478,600.00 of the sum fraudulently stolen was transferred to various accounts in other banks. Kofarnaisa, thereafter, submitted that the said accounts warehousing the funds sought to be forfeited received inflows reasonably suspected to be proceeds of unlawful activities and are not proceeds of any legitimate business venture.
“She also told the court that the mastermind of this fraudulent crime had been charged before a Federal High Court and that ‘trial is ongoing.’ After listening to the EFCC counsel, Justice Osiagor held that he found merit in the argument of the applicant and ordered the final forfeiture of the properties to the Federal Government of Nigeria,” the statement added.
(PUNCH)
Metro
Police Bust Child Trafficking Syndicate In Rivers, Rescue Babies
The Rivers State Police Command said its operatives have busted a child trafficking syndicate that manipulates young mothers and vulnerable pregnant women, steals their babies, and sells them to waiting buyers.
The police said the four-member syndicate is led by an ex-convict identified as Blessing Jack, who had previously been arrested, tried, and imprisoned in Calabar, Cross River State, for a similar offence.
The spokesperson for the State Police Command, Grace Iringe-Koko, disclosed this in a statement issued in Port Harcourt on Monday and sent to newsmen.
Iringe-Koko, a Superintendent of Police, said Blessing, aged 54, was arrested by men of the Command’s C4i Intelligence Unit on October 9 in Igwuruta, near Port Harcourt, following a discreet probe into the activities of the syndicate.
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She said Blessing’s arrest led to the location of her other three female partners, who were consequently taken into custody.
The statement read, “The Rivers State Police Command has made a significant breakthrough in its investigation into the activities of a child trafficking syndicate in the state, with the arrest of several suspects.
“The syndicate, allegedly led by one Blessing Jack, a 54-year-old female resident of Timber Road, Igwuruta, Port Harcourt, exploits vulnerable young mothers, stealing and selling their newborn babies for significant financial gains.
“On October 9, 2025, at about 1500hrs, operatives of the Command attached to the C4i Intelligence Unit, through technically aided policing, arrested Blessing Jack at Igwuruta in Port Harcourt.
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“A conversation between Blessing Jack and one Marley Oburu ‘m’ revealed the syndicate’s modus operandi. She discussed a recent incident where her associate had taken a woman’s baby, claiming the baby had died, but had been paid the sum of ₦2,000,000 for the transaction.”
She continued, “The transaction suggested that Blessing and her associates use fake scans and manipulate vulnerable pregnant women to obtain their babies.
“Other suspects arrested include: Chinonso Raymond, a 30-year-old male of Igwuruta, Port Harcourt; Chinyere Okorie, a 32-year-old female of Pipeline, Rumuoholu, Port Harcourt; and Nkechi Nwankwo, a 50-year-old female of Pipeline, Rumuoholu, Port Harcourt.
“A preliminary investigation revealed that Blessing Jack had previously been imprisoned in Calabar for three years for child trafficking, highlighting her long-standing involvement in the illicit business.”
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The state police image maker said all the suspects voluntarily confessed to the crime, detailing their individual roles.
“Suspects are currently in police custody, while an in-depth investigation has been launched to arrest other members of the syndicate and dismantle the network,” Iringe-Koko stated further.
The State Commissioner of Police, Olugbenga Adepoju, commended the operatives for their diligence in investigating and apprehending the suspects, saying the Command will continue to work tirelessly to protect vulnerable individuals and combat human trafficking in the state.
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CP Adepoju appealed to members of the public to report any information that may aid in the investigation and prosecution of human trafficking cases, saying, “Together, we can build a safer and more secure society for all.”
Rivers State Police Command, in September, said its operatives have arrested three suspected kidnappers who allegedly killed two of their victims after collecting a total ransom of N10.4m.
Earlier in August, the Command said its men busted an armed robbery/kidnapping syndicate terrorising residents of Bori, headquarters of Khana Local Government Area of the state, and its environs.
Metro
BREAKING: Lagos Re-arraigns Kidnapper Evans Over Police Officers’ Killing
Lagos State Government on Monday re-arraigned convicted billionaire kidnapper, Chukwudumeme Onwuamadike, popularly known as Evans.
The Lagos High Court sitting in Ikeja is hearing the case of the murder of two police officers by the billionaire kidnapper.
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He and his co-defendant, Joseph Emeka, were arraigned before Justice A. O. Ogala on a five-count charge bordering on murder, attempted murder, and conspiracy to commit kidnapping.
They both pleaded not guilty to the charges.
Details later…
Metro
Lagos Demolishes 17 Houses For Encroaching On Waterways
At least 17 houses have been demolished by the Lagos State Government for encroaching on the right-of-way (RoW) of the Ikota River alignment.
The Commissioner for the Environment and Water Resources, Tokunbo Wahab, led a monitoring and enforcement team, accompanied by journalists, to the site on Saturday.
Wahab cautioned residents against actions that threaten the environment, warning that nature inevitably retaliates against human negligence and unlawful reclamation of wetlands.
He disclosed that the ministry had received reports months earlier about illegal reclamation activities aimed at narrowing the river’s natural path.
“We stopped them then, but we were alerted again recently that the encroachment had resumed aggressively, with attempts to sell land to unsuspecting buyers,” Wahab said.
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The commissioner said the government had now taken decisive action to halt the encroachment and clear all illegal structures along the alignment.
He added that those behind the unlawful activity would be identified and prosecuted in accordance with the law.
Speaking on the perennial challenge of flooding, Wahab noted that while it is impossible to completely prevent flooding in a coastal state like Lagos, bordered by the Atlantic Ocean, lagoons, and rivers, the government continues to invest in infrastructure to mitigate its impact.
“What we can do is reduce its effects through resilient infrastructure, which Governor Babajide Sanwo-Olu has consistently provided and maintained,” he said.
Despite ongoing efforts to desilt and maintain drainage systems daily, Wahab lamented that some individuals persist in obstructing waterways for personal gain.
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He cited property number 156 as an example, saying it blocked the coastal road alignment and disrupted the natural flow of water.
“That property will be cleared to allow the Ikota channel to discharge freely into the Lagos Lagoon,” he added.
Wahab stressed that demolition was not always the state’s first option, as the government often explored corrective measures.
“Sometimes we ask developers to produce practical designs for stormwater discharge, but they must bear the cost, not taxpayers,” he said, describing it as irresponsible for the government to fix problems created by private developers who profit from violating environmental regulations.
During an inspection tour of the Lekki–Epe corridor, Wahab also decried the massive encroachment on wetlands originally designed to retain excess rainwater.
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He said drone surveillance had exposed extensive damage to the wetland corridor, including the destruction of coconut trees planted for soil stability.
According to him, violators were issued demolition notices on 26 September, ahead of planned transport infrastructure works on the same route.
He explained that the inspection was intended to align environmental preservation with the Ministry of Transport’s Green Line Rail project.
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Additionally, the Commissioner for Transport, Oluwaseun Osiyemi, stated that the Green Line Rail project, which will run from Marina to Epe, is anticipated to commence in December following stakeholder consultations and feasibility studies.
Osiyemi said some car dealers who were granted temporary approval to use power line spaces had violated terms by constructing permanent structures on wetlands.
“As a state, we must enforce compliance and protect the environment while advancing our transport development agenda,” Osiyemi said.
He added that the Green Line project, which is expected to last approximately three years, forms part of Lagos State’s integrated transport solution aimed at easing mobility across the metropolis.
Other areas visited during the inspection included Chevron Gate off Orchid Road, Partibon Homes, Oral Extension Phase 2, and Park View in Ikoyi.
(NAN)
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