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Court seize Responsible Leaders Hotel in Ikeja over alleged forex fraud

The Federal High Court in Lagos has ordered the temporary seizure of a multi-billion naira hotel property tied to Edward Olutoke, the Managing Director of the Ikeja Chamber of Commerce, Industry, and Agriculture. The move follows allegations that the property was bought using money stolen from people through a fake investment and forex scheme. According to a statement by the EFCC, Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, L…

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Sahara Reporters broke the news in New York, United States on Friday, March 13, 2026.
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