Billionaire Hyginus Nkwocha is literally swimming in troubled waters as the Economic and Financial Crimes Commission effected his arrest in Abuja over alleged internet fraud and money laundering.
The Commission’s spokesperson, Dele Oyewale, said in a statement on Thursday, in Abuja, that Nwokocha was arrested on Wednesday.
Oyewale said: “Nkwocha, 35, was arrested at Ever Green Estate, Lugbe, Abuja, following intelligence about his suspected involvement in internet fraud and money laundering.
“Items recovered from him include a sum of 2,200 dollars, an iPhone 15 Pro Max, a Samsung Galaxy S24 Ultra, a Samsung Galaxy S21 Ultra, an iPhone 13 Pro Max, and a MacBook.
“Other items recovered include a gold chain and pendant, a gold bracelet, a gold neck chain, Mercedes Benz ML 350, a Chevrolet Camaro, and a Mustang car.
“Also recovered are some properties at 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.”
Oyewale said that investigations were still ongoing, and the suspect would be charged to court as soon as investigations were concluded.
