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    HomeNewsAlleged N500m land fraud: EFCC docks Abuja estate developer, others

    Alleged N500m land fraud: EFCC docks Abuja estate developer, others

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    An Abuja real estate developer, Mrs. Godwin-Isaac Rebecca Omokamo, was Wednesday, arraigned by the Economic and Financial Crimes Commission (EFCC) on two separate land fraud charges at the Federal High Court, Abuja,

    The defendant, also known as Bilikisu Ishaku was arraigned before Justice Joyce Abdulmalik over her alleged complicity in Abuja land fraud and money laundering to the tune of about N500 million.

    Arraigned alongside her was her husband, Isaac Yusuf Ishaku, their company, Homadil Realty Limited; as well as Idakwogi Richard John and a firm, Rychardo Homes Ltd.

    While the first charge marked: FHC/ABJ/CR/77/2025, contained five counts, the second charge marked: FHC/ABJ/CR/76/2025, had 17 counts.

    Their actions are said to be contrary to section 8(a) and punishable under section 1(3) of the Advanced Fee Fraud & other Related Offences Act, 2006.

    They pleaded not guilty to the charges.

    Justice Abdulmalik admitted them to bail in the sum of N10m each with two sureties in the like sum after listening to the arguments of defence counsels, Mr. Christopher Oshomegie, SAN, and Mr. M. A. Ebutu, SAN.

    On the bail conditions the court held that the sureties must be Civil Servants not below grade level 16, adding that they must attach evidence of their salaries for the past three months.

    The sureties must be owners of landed property worth the bail sum and depose to an affidavit of means, as well as surrender their international passports and not travel outside the country without permission.

    It ordered that the defendants should be remanded in prison custody, pending the perfection of their bail conditions.

    Specifically, the EFCC alleged that the defendants had between 2023 and 2024, collected over N500m from multiple victims and laundered the funds through accounts of various companies.

    It was alleged that the accused forged documents, including a fake power of attorney, to claim ownership of Plot 4022, Guzape District, Abuja.

    It further alleged that the first defendant used forged documents to secure a building permit from the FCT Department of Development Control and sold the land to a buyer for N70m.

    Besides, EFCC alleged that the defendants obtained by false pretenses, by fraudulently misrepresenting ownership and title over plot 1861, 1862 and 1863, Cadastral Zone, B07, Katampe District, Abuja, and thereby induced several unsuspecting individuals to part with their money for the acquisition of the said property, knowing same to be false.

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