The Federal High Court in Lagos has issued an order for the interim preservation of properties, luxury vehicles, and funds held in bank accounts connected to social media influencer and businessman Afolabi Kazeem, widely known as KC Luxury, amid allegations of drug trafficking.
Justice Musa Kakaki issued the order on September 25 after the National Drug Law Enforcement Agency filed an ex parte application on behalf of the Federal Government.
A statement obtained by Chronicle NG on Friday indicated that the order covered five landed properties, three vehicles, and funds in four bank accounts.
The accounts named in the schedule attached to the order are an FCMB personal business account belonging to Rabiu Lawal, an FCMB corporate account in the name of Next Level Records & Logistics Solution Limited, and a First Bank personal account belonging to Boniface Freeman Ochoche Sule.
The case was adjourned until October 14 for a compliance report.
The preservation order was issued just days before Justice Kakaki rejected the bail applications filed by Kazeem and two alleged co-conspirators, Sule and Ikechukwu Patriarch, who face a 22-count charge relating to alleged conspiracy, cocaine trafficking, and money laundering.
The judge directed that the three defendants be remanded in a custodial facility while the charges are pending determination.
The defendants had entered not guilty pleas to the charges after being arraigned by the NDLEA on a second amended 22-count charge.
Their lawyers, among them Abdulakeem Labi-Lawal, SAN; Uche Okoronkwo; and Chief Benson Ndakara, had asked the court to grant them bail, but NDLEA counsel Abu Ibrahim opposed the applications.
While dismissing the bail applications, Justice Kakaki said he would not exercise his discretion in the defendants’ favor given the gravity of the alleged offenses, the severity of the punishment prescribed upon conviction, and the risk that they might jump bail.
The judge further observed that trafficking in hard drugs has become a menace to society, noting that the case involved a large quantity of cocaine allegedly intended for an international destination.
He therefore ordered an accelerated hearing and adjourned the matter to November 2, 3, 4, and 5 for trial.
The latest preservation order came after an ex-parte motion filed by the NDLEA on September 16, seeking preservation of assets the agency said were reasonably believed to be proceeds of unlawful activities, specifically drug trafficking and dealing.
In the enrolled order, the court stated that it had considered the affidavit filed in support of the application and the exhibits attached to it before granting the preservation order.
The properties covered by the order include a property at Block 75A, Surulere Way, Dolphin Estate, Ikoyi, Lagos; a property at Block 33, Plot 46AI, Lekki Peninsula, Eti-Osa LGA, Lagos State; and two plots of land along Pike Street, Obalende, Lagos Island.
The order also covers Next Level Hotel & Suites at Plot 246, 21 Road, Egbeda, Lagos.
The vehicles listed are a grey Toyota Lexus RX 350, a black 2025 Toyota Hilux, and a white 2025 Tesla Cybertruck, all described as unregistered.
The funds listed include N1,090,000.80 in the FCMB personal business account of Rabiu Kabiru Lawal and N59,261,848 in the Zenith Bank account of Mallamawa Ventures.
The court also ordered the preservation of all funds in the FCMB corporate account of Next Level Records & Logistics Solution Limited and the First Bank personal account of Sule.
The NDLEA alleged that Kazeem, Sule, and Patriarch conspired with Atandare Oladipupo Oluwarotimi and Latifat Yusuf, who have been arrested in London in connection with the case, to export 184.5 kg of cocaine hidden in five consignments to the United Kingdom.
According to the agency, the consignments carried Airway Bill Numbers 2079998314, 8224082370, 2079973571, 7181131742, and 2211893902, and the shipper was listed as Yemi Ejide.
In the first count of the charge, marked FHC/LAG/CR/755/2026, the NDLEA claimed that the defendants conspired between July 28 and August 1, 2026, to export the cocaine, an offense punishable under Section 14(b) of the National Drug Law Enforcement Agency Act, Cap. N30, Laws of the Federation of Nigeria, 2004.
The agency also claimed that Sule procured Patriarch to help facilitate the export, while Kazeem procured a staff member of BOT Express Logistics on Lagos Island to process the consignments.
Kazeem was additionally accused of unlawfully possessing the cocaine in preparation for its export.
The NDLEA further claimed that he paid N13.2m from a Mallamawa Ventures Zenith Bank account to BOT Express Logistics as payment for the shipment.
The agency claimed that Kazeem moved several billions of naira through companies and personal accounts, among them Mallamawa Ventures, Fateey Man Multi-Purpose Nigeria Limited, Patonifa Limited, Ade-Lak Resources, Holmestas Global Services Limited, and La Capital Enterprises.
The NDLEA claimed that the funds were used, among other things, to buy motor vehicles and landed properties in an effort to conceal the alleged proceeds of the illicit trade.
Kazeem was also accused of failing to declare his assets to the agency, as the law requires.
The agency said Kazeem, who portrayed himself online as a luxury goods dealer and lifestyle influencer, was arrested by its operatives on August 13, 2026, while he was allegedly trying to leave Nigeria on a business-class flight to Paris from the Murtala Muhammed International Airport, Lagos.
His arrest came after the interception of the 184.5 kg cocaine consignment, which the agency valued at about N39 bn.
The NDLEA said a later search of Kazeem and his Banana Island apartment led to the recovery of exotic vehicles, foreign currency, and jewelry allegedly tied to the proceeds of the illicit trade.
The defendants denied the allegations and pleaded not guilty to the charges.
The September 25 order is an interim preservation measure and does not constitute a final forfeiture or a determination that the assets are proceeds of crime.
