Nigeria Police Force Secures Permanent Forfeiture Of ₦2BN Assets

On Tuesday, 14th May 2026, Hon. Justice Emeka Nwite granted a permanent forfeiture order on assets valued at over ₦2 Billion belonging to financial sector staff member Alonge Opeyemi Yetunde and her accomplices (Suit No. FHC/ABJ/CS/274/2026). The forfeited assets—spanning Lagos, Osun, Delta States, and the FCT—include bank accounts, digital wallets, vehicles, and real estate. The principal suspect, currently remanded at Suleja Correctional Custodial Centre, is facing charges of fraud and money laundering.

In a related ruling on Monday, 13th May 2026, Hon. Justice Bello Kawu dismissed a ₦100 Million Fundamental Rights Enforcement Suit filed by 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). Justice Kawu held that the Court cannot be used to obstruct statutory Police duties or shield individuals engaged in criminal conduct from justice. The ruling enables the NCB to proceed with prosecuting Averehi for obtaining money under false pretences.

The Force Public Relations Officer, DCP Anthony Okon Placid, said that the Nigeria Police Force remains committed to leveraging international partnerships and the full force of the law to pursue financial criminals and protect Nigeria’s economic integrity.