The Economic and Financial Crimes Commission (EFCC) has arrested a Federal Capital Territory, Abuja-based billionaire, Hyginus Nkwocha, for alleged internet fraud and money laundering.
According to EFCC spokesperson, Dele Oyewale, Nkwocha was arrested on Wednesday at Ever Green Estate, Lugbe, Abuja, following intelligence about his suspected involvement in internet fraud.
The commission recovered a significant amount of assets from the suspect, including $2,200, several luxury cars, and high-end electronic devices. The items recovered include:
Additionally, the EFCC recovered several properties linked to Nkwocha, including: Cookies Court 2, located in Ocean Palm Estate, Ajah, Lagos, Unit C8, Lugbe Airport Road, Abuja, and Cookies Court 2, 2nd Avenue, Ocean Palm Estate, Ogombo, Lagos State
The EFCC stated that investigations are still ongoing and that Nkwocha would be charged to court as soon as investigations are concluded.
The arrest and recovery of assets from Nkwocha serve as a reminder of the EFCC’s commitment to combating internet fraud and money laundering in Nigeria.
