Saturday, May 18, 2024

Alleged N4.8bn fraud: Court adjourns to May 27 as Ibeto challenges jurisdiction bn


Justice Oyindamola Ogala of the Lagos State Excessive Courtroom in Ikeja has adjourned the trial of Chairman of Ibeto Vitality Growth Firm, Chief Cletus Ibeto who was charged by the Financial and Monetary Crimes Fee (EFCC) over alleged N4.8 billion fraud, until Might 27, 2024.

The choose mounted the date for additional listening to after the defendant’s counsel, Adedayo Oshodi, prayed to maneuver an software difficult the jurisdiction of the courtroom to listen to the cost.

Nevertheless, the prosecution counsel, Rotimi Jacob opposed the appliance on the bottom that the defendant had filed an attraction on similar difficulty earlier than the Courtroom of Attraction and the appellate courtroom is but to resolve on it.

Moreover, Jacob additionally insisted that courtroom couldn’t entertain the appliance as a result of the defendant has not submitted himself for trial.

Nevertheless, Oshodi argued that the presence of the Defendants will not be crucial in view of the pending software.

After listening to the each events, the trial choose, Justice Ogala dominated that listening to the defendant’s software would quantity to nothing as a result of the identical difficulty is presently pending earlier than the appellate courtroom.

The choose held that will probably be to raised for the courtroom to attend for the Courtroom of Attraction’s verdict on the matter earlier than taking any additional step.

The EFCC had charged the defendants earlier than the courtroom on a 10-count cost bordering on conspiracy, fraud, forgery and fraudulent use of paperwork.

Nevertheless, Ibeto is but to look earlier than the courtroom to take his plea having challenged the courtroom’s jurisdiction to entertain the matter.

Recall that the state excessive courtroom in Port Harcout, Rivers State has given a Judgement on the identical difficulty. In a judgment delivered on March 29, 2023, the State Excessive Courtroom declared Ibeto Vitality Growth Ltd because the rightful proprietor of the land.

The courtroom additional rulled that since Sir Chukwudozie Daniel of Dozzy Oil didn’t full the fee of the land in dispute, Chief Ibeto ought to make a refund of the cash to him.

Being dissatisfied with the choice, Sir Daniel Chukwudozie and his firms lodged an attraction on the Courtroom of Attraction Port Harcourt Division. Whereas the case was pending, Sir Daniel Chukwudozie filed a petition with the EFCC in Lagos to show a failed civil land transaction right into a felony case.

A case that’s already pending within the attraction courtroom in Port Harcourt. This led to a cost being introduced towards Chief Dr. Cletus Ibeto in Cost No. ID/2149/23 between the Federal Republic of Nigeria and Chief Cletus Ibeto.

That is the idea of the jurisdictional objection filed by Chief Cletus Ibeto pending earlier than the excessive courtroom of Lagos within the felony cost.

Read more

Local News