The Economic and Financial Crimes Commission arraigned Rebecca Godwin-Isaac Omokamo, a real estate developer also known as Bilikisu Ishaku-Aliyu, on allegations involving N500 million land fraud and money laundering.
Omokamo appeared before Justice Joyce Abdulmalik of the Federal High Court in Abuja on two separate charges based on a petition submitted by 79-year-old widow Colleen Yesufu, whose lands were among the ones allegedly acquired through fraudulent means.
In the first suit, marked FHC/ABJ/CR/77/2025, Omokamo was arraigned along with her husband, Isaac Yusuf-Ishaku, and their company, Homadil Realty Limited, on five counts.
In the second suit, with charge number FHC/ABJ/CR/76/2025, she appeared alongside Idakwogi John and Rychardo Homes Ltd on a 17-count charge.
The EFCC alleged that between 2023 and 2024, the accused persons collected more than N500 million from various victims under false pretences and laundered the funds through several company accounts.
According to the EFCC, they used forged documents, including a falsified power of attorney, to claim ownership of Plot 4022 in Guzape district, Abuja.
Omokamo reportedly used the forged papers to secure a building permit from the development control department of the Federal Capital Territory Administration and sold the property for N70 million.
The accused were also alleged to have falsely claimed ownership of plots 1861, 1862, and 1863 in cadastral zone B07, Katampe district, Abuja, through which they allegedly defrauded several buyers.
The EFCC claimed the defendants conspired to illegally acquire and sell the properties, including the ones belonging to Colleen Yesufu.
Their conduct, according to the EFCC, violated section 8(a) and is punishable under section 1(3) of the Advance Fee Fraud and Other Related Offences Act, 2006.
All the accused pleaded not guilty to the charges.
Following submissions by defence lawyers Christopher Oshomegie and M.A. Ebutu, the judge granted each defendant bail of N10 million, with two sureties in the same amount.
The sureties are required to be civil servants of at least grade level 16, show proof of their last three salary payments, own land equivalent to the bail value, and swear an affidavit of means.
The judge also directed the defendants to surrender their international passports and prohibited them from leaving the country without court approval.
They are to remain in prison custody until they meet their bail terms.
The cases were adjourned to July 21 and 22 for trial. The EFCC stated it plans to call 13 witnesses.