SFU Probes Lagos Billionaire Over Alleged Ritual Theft, Threat to Life

The Police Special Fraud Unit (SFU) in Ikoyi, Lagos, has launched a comprehensive investigation into an extraordinary and multi-layered scandal involving an influential Southern Nigerian oil and gas mogul. The billionaire, a resident of Banana Island whose identity is currently withheld by investigators, stands accused of ritual-related theft, document forgery, property usurpation, and orchestrating severe threats to the life of his long-term partner.

​The bizarre incident unfolded earlier this year at the complainant’s residence in the highbrow Ikoyi neighborhood. According to operational briefs, the couple had been in a committed relationship for over seven years, during which the businessman financed an affluent lifestyle for the lady, including global travel and the purchase of an upscale property.

​The Bathroom Incident and Disappearance

​Trouble commenced when the oil magnate visited the complainant while she was on her menstrual cycle. Sources state that after the businessman departed the premises, the lady discovered that a used sanitary pad she had disposed of in her bathroom waste bin the previous evening had vanished.

​Suspicious of the disappearance, she immediately contacted the billionaire and requested his return to the property. Although he initially denied any involvement, a subsequent search of his personal effects by the terrified complainant uncovered the soiled sanitary pad concealed inside one of his bag pockets. Confronted with the evidence, the chief failed to provide a satisfactory explanation, prompting the woman to flee the property out of deep-seated fears of ritualistic intent.

​Assets Siphoned and Forgery Allegations

​The fallout escalated rapidly into corporate and property fraud. While hiding for her safety, the complainant monitored her remote CCTV mobile application, witnessing an associate of the mogul and several accomplices unlawfully breach her apartment. The intruders reportedly carted away:

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• ​A Range Rover and a 2024 Lexus RX350.
• ​$50,000 and 10 million Naira in physical currency.
• ​Premium jewelry valued at over 20,000 Pounds.

​Subsequent checks at the Federal Land Registry revealed a deeper administrative conspiracy. Deeds of assignment and title documentation for the Ikoyi property—originally issued in the lady’s name via a reputable housing agent—had been allegedly forged, re-issued, and registered to bear the name of the oil mogul through high-level financial inducements.

​Police Intervention and Current Status

​Following the systematic seizure of her assets and ongoing intimidation directed at her mother and siblings, the complainant fled the country. Operating from an undisclosed international location, her legal representatives filed an official petition to the police leadership demanding urgent judicial intervention.

​The Commissioner of Police in charge of the Special Fraud Unit, CP Eloho Edwin Okpoziakpo, has officially briefed the Inspector General of Police, IGP Kayode Egbetokun. The police high command has directed a swift, discreet, and uncompromising investigation to ensure justice is served irrespective of the suspect’s societal status. Investigators confirm that while the billionaire has gone into hiding to evade public exposure, active tracking measures are underway to bring all perpetrators to account.