Alleged Fraud: Police secure ₦2bn asset forfeiture, court upholds investigative powers

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By Kingsley Omonobi

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The Nigeria Police Force, through the INTERPOL National Central Bureau (NCB), Abuja, has secured two separate Federal High Court judgments in Abuja in cases involving alleged fraud and money laundering.

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The rulings led to the permanent forfeiture of assets valued at over ₦2 billion and reaffirmed the authority of the police to carry out investigations without obstruction.

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Force Public Relations Officer, DCP Anthony Okon Placid, disclosed this in a statement on Thursday.

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He said on May 14, 2026, Justice Emeka Nwite granted a permanent forfeiture order on assets belonging to a financial sector employee, Alonge Opeyemi Yetunde, and her alleged accomplices.

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The order (Suit No. FHC/ABJ/CS/274/2026) covers properties and assets located in Lagos, Osun, Delta States, and the Federal Capital Territory, including bank accounts, digital wallets, vehicles and real estate.

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The principal suspect is currently remanded at the Suleja Correctional Centre and is facing charges of fraud and money laundering.

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In a related ruling on May 13, 2026, Justice Bello Kawu dismissed a ₦100 million fundamental rights enforcement suit filed by an American-based suspect, David Imole Averehi, against the Nigeria Police Force and the Assistant Inspector General of Police, INTERPOL (Suit No. FCT/HC/CV/4119/45).

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The court held that judicial processes cannot be used to obstruct lawful police duties or shield individuals allegedly involved in criminal activity.

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The ruling allows the NCB to proceed with prosecuting Averehi for alleged obtaining of money under false pretences.

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The Nigeria Police Force said it remains committed to leveraging international cooperation and legal instruments to pursue financial crimes and protect Nigeria’s economic integrity.

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