Two Nigerian men forfeit over N200 million, luxury cars and properties valued at N260m to FG over fraud and cybercrime

Two Nigerian fraudsters, Tobiloba Ibrahim Bakare and Alimi Seun Sikiru, have lost millions in cash and properties to the Federal Government following their arrest and prosecution by the Economic and Financial Crimes Commission, EFCC.


The duo forfeited five bedroom duplex situated at Ibrahim Eleto Street, Osapa London, Lekki, Lagos; four bedroom semi-detached duplex situated at Ologolo, Jakande, Lekki, Lagos; and another four bedroom semi-detached duplex in Southern View Estate, Mayor Court, Chevron Alternative Road, Lekki, Lagos; valued at N230 million.


They also lost the sums of N196, 741, 216.82 and N7, 054, 852.01 in bank accounts; and two vehicles, a Mercedes Benz E500 and a Toyota Hilux 2020, valued at N30 million.

Bakare (27) and Sikiru had to give up their assists as they couldn't give a satisfactory explanation of the funds and properties linked to them.

They eventually confessed to committing cybercrime and fraud, and were subsequently charged to court where judgement was passed for them to forfeit all their funds and houses.

See the houses below,





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