Court Strikes Out N4.8bn Fraud Case Against Businessman Ibeto After N3.2bn Refund

Court Strikes Out N4.8bn Fraud Case Against Businessman Ibeto After N3.2bn Refund …C0NTINUE READING >>>

The Lagos High Court has exonerated the Chairman of Ibeto Energy Development Company, Chief Cletus Ibeto after returning over N3.2 billion out of the N4.8 billion allegedly stolen from a victim, Chief Daniel Chukwudozie.

The Economic and Financial Crimes Commission (EFCC) disclosed this before the Lagos State High Court sitting in Ikeja.

Justice Oyindamola Ogala struck out the case following a request from the EFCC’s counsel, Rotimi Jacobs (SAN), who disclosed that Ibeto had…

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