• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, April 14, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Crime Watch

ICPC Secures Final Forfeiture of Hotel, ₦14.1m Linked to Ex-ExxonMobil Staff Over Fake Credentials

the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has obtained a final court order forfeiting Hevee Hotel and the sum of ₦14,160,655.35 traced to a former ExxonMobil employee who secured his job with falsified documents.

by NewsOnline Nigeria
November 25, 2025
in Crime Watch, Top Stories
0
ExxonMobil

ICPC has secured the final forfeiture of hotel and ₦14.1m linked to Ex-ExxonMobil Staff over fake credentials.

NewsOnline Nigeria reports that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has obtained a final court order forfeiting Hevee Hotel and the sum of ₦14,160,655.35 traced to a former ExxonMobil employee who secured his job with falsified documents.

The assets were linked to the late Mr. Okon Tom Ekpo, an ex-staff of ExxonMobil Producing Company. An ICPC investigation uncovered that Ekpo gained employment by impersonating another person and submitting forged academic certificates, prompting criminal proceedings against him at the Ikeja High Court.

ALSO: NNPC Limited Posts ₦5.4tn Profit, Unveils $60bn Investment Plan to Drive Nigeria’s Energy Future

During plea bargain discussions, Ekpo agreed to relinquish Hevee Hotel, situated at Alafia Estate off the Lagos–Ibadan Expressway, along with funds in his UBA account. On December 9, 2022, the Commission filed an in-rem forfeiture application at the Federal High Court in Ikoyi.

On January 13, 2023, Justice T. G. Ringim issued an interim forfeiture order and instructed the ICPC to publish public notices. The Commission complied by circulating notices in Leadership, The Sun, and the national gazette on March 16, 2023. After submitting proof of compliance and moving for a final order, the court, on March 23, 2024, granted the permanent forfeiture of the hotel and ₦14.1 million to the Federal Government.

Following the ruling, Ekpo’s wife filed an application seeking to overturn the forfeiture, alleging fraud in the court process. The ICPC’s legal team, Mrs. Yvonne William-Mbata, Mrs. Roseline Eze, and Mrs. Yemisi Pereira argued that the court had become functus officio, meaning it no longer had jurisdiction to reopen the matter after the final order had been issued.

Delivering judgment on November 21, 2025, Justice Owoeye of the Federal High Court, Ikoyi, dismissed the application for lacking merit. The court held that no evidence of fraud was presented and reaffirmed that it had no authority to revisit a concluded forfeiture proceeding.

The ICPC hailed the ruling as a major judicial milestone, reinforcing established principles on in-rem forfeiture under Sections 47 and 48 of the ICPC Act, 2000, and strengthening Nigeria’s asset recovery framework in the fight against corruption.

Previous Post

NNPC Limited Posts ₦5.4tn Profit, Unveils $60bn Investment Plan to Drive Nigeria’s Energy Future

Next Post

EFCC Grills Philip Ugbodaga Over Alleged ₦43m Furniture Contract Scam

Next Post
Philip Ugbodaga

EFCC Grills Philip Ugbodaga Over Alleged ₦43m Furniture Contract Scam

Trending Stories

No Content Available

Latest Stories

Fidelity Bank

Fidelity Bank Surges Ahead in Recapitalisation Drive with ₦564bn Capital

Ibrahim Ladega

Southwest Arewa Group Congratulates Ibrahim Ladega on Appointment by Governor Sanwo-Olu

Festus Edovia

The Normalization of Failure in Governance: A Dangerous Trend in Nigeria’s Democracy By Festus Edovia

David Mark, Rauf Aregbesola

BREAKING: Court Shifts Judgment On ADC Leadership Suit Against David Mark, Rauf Aregbesola

Festus Edovia

Beyond Propaganda: Why Nigeria Needs Sincere Nation Building Over Partisan Loyalty By Festus Edovia

Festus Edovia

Clapping for Collapse: The Moral Crisis Driving Failure in Nigerian Politics By Festus Edovia

Groups Financing Terrorism

BREAKING: FG Finally Names 48 Individuals, Groups Financing Terrorism (Full List)

1979 Revolution

BREAKING: US, Iran Hold First Direct Peace Talk Since 1979 Revolution in Islamabad

Joash Amupitan

INEC Chairman Joash Amupitan Faces Scrutiny Over Past Pro-Tinubu, APC Social Media Posts

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

NewsOnline Nigeria

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria