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Friday 6 June 2014

CECILIA IBRU: BANKER-FRAUDSTER CUM EVANGELIST IN COURT TO RECOVER THE ASSETS SEIZED

Nigerians both at home and abroad will always amusing me. Whenever i read the news concerning the so called ‘rich and powerful’ people in Nigeria, i keep imagining the kind of the world they are living in!

Let us imagine that the above statements are not so, how come would Cecilia Ibru, former Managing (Damaging) Director of the defunct Oceanic Bank Plc, convicted of embezzlement and fraud, despite the arraigned ‘kangaroo’ of plea bargain and settlement agreement leading to her conviction, she still has the gut to go to court to sought an order directing the parties to return to status quo prior to November 12, 2013,that is the court should grant her the order to return all  the assets she used the money stolen from the customer of her former employer  to her ! What a funny world.

 It would be recalled that Mrs. Cecilia Ibru, former Managing Director of the defunct Oceanic Bank Plc, was convicted in October 2010 by the Federal High Court in Lagos and was sentenced to (merely) six months imprisonment, following a plea bargain arrangement. It will be interesting to know that she served her six month prison term on hospital bed!

However, under the arrangement, she supposed to forfeit assets worth N191 billion comprising 94 properties across the world including the United States of America, Dubai and Nigeria to the Asset Management Corporation of Nigeria (AMCON).

 Meanwhile, Cecilia Ibru, who take the advantage of Book Haram diversion then sued for herself, the Ibru Group and three others, among others, asked the court to stop the Attorney-General of the Federation and AMCON from further taking any steps towards implementing the terms of the plea bargain and settlement agreement leading to her conviction!

The news we heard about Cecilia Ibru who defrauds and launders over N200bn depositor’s money, was that she has relocated back to her village in Agbahor Otoh, Delta state. Where he has also reportedly become very active in her church and is rumoured to be an evangelist, but with the current events it seems that this 68- year old, fair skinned finance guru have recovered from the shame of pains of losing the Oceanic Bank and she like to go for the spoil, i.e. the loots!

This Cecilia Ibru current moves is like a chess game, as one commentator put it ‘ In this ‘JUNGLE’ (called Nigeria), anything goes and anything can happen - I'm sure she's gotten assurances from particular quarters to pursue the claims - Quite annoying !’

 At least in our ‘KORO-KORO’ eyes, Mr. Alamieyeseigha, who fled the UK disguised in women's clothing, the first ex-governor to be convicted of corruption was granted pardon by cabal called the Council of States, a group headed by President Goodluck Jonathan, thereby legalising fraud at the top. The question is why are securities running after the yahoo-yahoo boys? Mshiinuuun




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