Monday, May 20, 2024

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


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

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

Nevertheless, the prosecution counsel, Rotimi Jacob opposed the applying on the bottom that the defendant had filed an enchantment on identical subject earlier than the Court docket of Attraction and the appellate court docket is but to determine on it.

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

Nevertheless, Oshodi argued that the presence of the Defendants isn’t crucial in view of the pending software.

After listening to the each events, the trial decide, Justice Ogala dominated that listening to the defendant’s software would quantity to nothing as a result of the identical subject is at present pending earlier than the appellate court docket.

The decide held that will probably be higher for the court docket to attend for the Court docket of Attraction’s verdict on the matter earlier than taking any additional step.

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

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

Recall that the state excessive court docket in Port Harcout, Rivers State has given a Judgement on the identical subject. In a judgment delivered on March 29, 2023, the State Excessive Court docket declared Ibeto Vitality Improvement Ltd because the rightful proprietor of the land.

The court docket additional dominated 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 corporations lodged an enchantment on the Court docket 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 prison case.

A case that’s already pending within the enchantment court docket in Port Harcourt. This led to a cost being introduced in opposition to 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 court docket of Lagos within the prison cost.

Read more

Local News