Ibeto Energy Development Company Archives

Alleged N4.8 Billion Fraud Charge, Ibeto Opts For Out-of-Court Settlement With Complainant

Popular businessman, Chief Cletus Ibeto might have accepted his guilt in an alleged N4.8 billion fraud charge brought against him by the Economic and Financial Crimes...

Business1 year ago

ALLEGED N4.8BN FRAUD: CHIEF CLETUS IBETO STRIKES DEAL WITH EFCC, REFUNDS N1.7 BILLION

Chief Cletus Ibeto is negotiating an out-of-court settlement with the Economic and Financial Crimes Commission (EFCC), over a 10-count charge of alleged fraud. Ibeto and...

Business1 year ago

ALLEGED N4.8BN FRAUD: APPEAL COURT ADJOURNS IBETO’S APPEAL TILL SEPTEMBER 16

The Court of Appeal, Lagos Division, on Tuesday, May 7, 2024, adjourned the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company,...

News2 years ago

N4.8bn Fraud: Judge Returns Ibeto’s Case File To Chief Judge

The ongoing trial of the Chairman of Ibeto Energy Development Company, Chief Cletus Ibeto, over alleged N4.8 billion fraud before an Ikeja High Court of Lagos...

Business2 years ago

N48.8bn Fraud: NLC Strike Stalls Arraignment Of Billionaire Businessman, Cletus Ibeto

The arraignment of the Chairman of Ibeto Energy Development Company, Cletus Ibeto, before the Lagos State High Court, Ikeja was stalled on Wednesday, November 15 by...

Business2 years ago

Fraud: Court Orders Arrest Of Businessman, Cletus Ibeto

A Lagos High Court sitting in Ikeja has ordered the arrest of the Chairman and Chief Executive Officer (CEO) of Ibeto Energy Development Company, Cletus Ibeto...

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