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Court Dismisses ₦4.8 Billion Fraud Case Against Ibeto After ₦3.2 Billion Refund

Popular Businessman, Cletus Ibeto Wanted For Alleged N4.8 Billion Fraud

The Lagos State High Court in Ikeja has struck out a ₦4.8 billion fraud case filed by the Economic and Financial Crimes Commission (EFCC) against Chief Cletus Ibeto, Chairman of Ibeto Energy Development Company. Justice Oyindamola Ogala dismissed the case following a request from the EFCC’s counsel, Rotimi Jacobs (SAN), who disclosed that Ibeto had … Read more