Abuja-based Nigerian businessman, Obinwanne Okeke who was arrested last month in the United States has been indicted for $11 million fraud, Premium Times reports.
If found guilty of the charges, it was recommended that he forfeits at least $11 million in cash and asset. The emerald cut engagement ring found on him when he was arrested, was also added to the list of items to be forfeited.
The indictment which comes before the commencement of his trial, was backed by the investigation of the U.S. Department of Justice conducted by the Federal Bureau of Investigation (FBI).
This recommendation came after investigations has been concluded while he was still in custody of the U.S. Marshals Service. The grand jury set up to look into the investigation, returned with an indictment of Okeke for the $11 million fraud on September 9.
Obiwanne Okeke faces up to 30 years in prison if convicted at the end of his trial which begins September 16.
Okeke has named one John Iweanoge, a Washington D.C. attorney of Nigerian origin, as his lead counsel, according to Premium Times.