Rotimi Jacobs Archives - The Octopus News

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...

News3 months ago

N15billion Fraud: Nigerian Government Arraigns British National, Former Gulf Bank MD Babajide Rogers, Others In Lagos

The Nigerian government has re-arraigned a former Director of the defunct Gulf Bank Plc, Johnson Adeyeba, along with a British national, Gareth Wilcox, and four others...

Business7 months ago

£2.6bn Fraud: Petro Union Directors Lose Bid to Stop Trial

A Federal High Court in Lagos on Wednesday dismissed a No-Case-Submission application filed by three Directors of an oil firm, Petro Union Oil and Gas...

Business8 months 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...

Politics12 months ago

Money Laundering: Court Arraigns Ladi Adebutu, Others

Oladipupo Adebutu, the Ogun State gubernatorial candidate of the Peoples Democratic Party (PDP) in the 2023 election has been arranged by an Ogun State High Court...

Business1 year 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...

Business1 year 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...