BREAKING: Case Between Federal Republic of Nigeria (FRN) and Chief Cletus Ibeto Handed Over to Lagos Attorney General

Court Issues Arrest Warrant On Cletus Ibeto For Alleged N4.8 Billion Fraud

by Victor Ndubuisi
A+A-
Reset

Popular Nigerian businessman Cletus Ibeto is the subject of an arrest warrant issued by a State High Court in Ikeja, Lagos, for failing to appear in court for his trial.

Ibeto, Ibeto Energy Development Company, and Odoh Holdings were the targets of a 10-count complaint brought by the Economic and Financial Crimes Commission (EFCC).

The charges include criminal breach of trust, forgery, deception, fraudulent conversion of property, and obtaining by false pretence.

From Nkwo Nnewi To The World; The Rise and Rise of Ibeto

Due to the Chief Executive Officer of Ibeto Energy Development Company’s nonattendance at the court session on October 5, the trial was postponed until November 3.

Advertisement

The businessman was supposed to be arraigned, according to Rotimi Jacobs, the prosecution’s attorney, who informed the court during Friday’s hearings.

According to Jacobs, the defendant missed the September 28, 2023, and October 5, 2023 sessions.

In response, Dada Awosika, the defendant’s counsel, expressed regret for his client’s absence and stated that the businessman is dealing with a medical condition.

Awosika pleaded with the judge to grant the defence team’s request to file an application contesting the court’s jurisdiction in this case.

Anambra 2021: Ibeto, Innoson Endorse Soludo, Ifeanyi Ubah’s Supporters Kick (Video)

The court should not accept any applications until it has assumed jurisdiction and ensured that the arraignment occurs, according to Jacobs, who expressed displeasure with the proposed application.

Jacobs requested that the court issue a bench warrant for the businessman’s arrest.

Advertisement

Awosika, however, disagreed, claiming that the bench warrant had no validity and that the defendant was elderly.

I.O. Ijelu, the trial judge, declared that the defendant’s ongoing absence from court was not supported by any convincing evidence.

As a result, he postponed the case until November 25.

Advertisement

 

Follow us on Facebook

Post Disclaimer

The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.

Advertisement

You may also like

Advertisement