A Chinese national, Xu Qing, wanted for an alleged $245 million financial fraud, has been repatriated from Nigeria to China following his arrest by the Nigeria Police Force.
The Force Public Relations Officer, DCP Anthony Placid, in a post on the police’s verified social media handle, said the suspect was returned to the People’s Republic of China to face prosecution over his alleged involvement in a large-scale Ponzi scheme involving the illegal absorption of public deposits.
Placid said the operation was carried out through the INTERPOL National Central Bureau (NCB), Abuja, following a formal request from Chinese authorities, who had declared Xu wanted in Beijing.
According to him, the suspect is linked to a financial fraud estimated at over $245 million.
Investigations revealed that Xu fled China on November 5, 2024, in a bid to evade arrest, prompting the issuance of a warrant against him on November 12, 2025, by the Shinan Sub-Bureau of Qingdao Public Security.
Acting on intelligence and sustained surveillance, operatives of INTERPOL NCB Abuja tracked and arrested the fugitive at a factory in Olowotedo, Siun Village, Obafemi Owode Local Government Area of Ogun State on April 24, 2026.
He was subsequently repatriated to China on April 28, 2026, under bilateral policing arrangements.
Placid said the operation underscores Nigeria’s commitment to tackling transnational crime.
He said, “The Nigeria Police Force, through the INTERPOL National Central Bureau (NCB) Abuja, has successfully arrested and repatriated a Chinese fugitive, Xu Qing, to the People’s Republic of China to face charges related to large-scale illegal absorption of public deposits through a Ponzi scheme.”
Placid added, “The repatriation followed a formal request from Chinese authorities, who declared the suspect wanted in Beijing for his alleged involvement in a financial fraud scheme estimated at over Two Hundred and Forty-Five Million United States Dollars ($245,000,000).”
He further disclosed that, “Acting on intelligence and sustained surveillance operations, operatives of INTERPOL NCB Abuja successfully tracked and arrested the fugitive at a factory located in Olowotedo, Siun Village, Obafemi Owode Local Government Area of Ogun State.”
The Inspector-General of Police, IGP Olatunji Disu, reaffirmed the Force’s resolve to strengthen global policing partnerships.
He said, “The Nigeria Police Force remains committed to strengthening international cooperation in the fight against transnational organised crime and ensuring that Nigeria does not serve as a safe haven for fugitives.”
The IGP also urged Nigerian employers and business owners to be vigilant when engaging foreign nationals.
He warned, “Employers and business entities are advised to conduct due diligence, including background checks through the police, before entering into business or employment relationships with foreign nationals.”
The police reiterated that Nigeria will continue to collaborate with international law enforcement agencies to track, arrest, and repatriate suspects involved in cross-border crimes.
