Alleged N4.8bn Fraud: Court Adjourns Cletus Ibeto’s Trial Till Oct 24

Justice Oyindamola Ogala of the Lagos High Court sitting in Ikeja, on Thursday, July 4, 2024, adjourned till October 24, 2024 further hearing in the alleged N4.8bn fraud trial involving Cletus Ibeto, Chairman, Ibeto Energy Development Company. Ibeto alongside Ibeto Energy Development Company and Odoh Holdings Ltd are to be arraigned by the Economic and … Read more

Alleged Fraud: Nigerian Billionaire Pays EFCC Billions To Escape Jail

THE Economic and Financial Crimes Commission (EFCC) has disclosed that the Chairman of Ibeto Energy Development Company, Cletus Ibeto, has paid back N1.5 billion in regards to the N4.8 billion fraud allegations for which he was charged before the court. The Counsel to EFCC Rotimi Jacobs, SAN, disclosed this to Justice Oyindamola Ogala of the Lagos … Read more