Appeal Court suspends hearing on bench warrant orders against Ibeto

📆 07/05/2024 17:53:00
📰 DailyPostNGR

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Appeal Court Notícia

Ibeto

The Lagos Division of the Court of Appeal has adjourned till September 19, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto, challenging the jurisdiction of Lagos State High Court in Ikeja to try him over an alleged N4.8 billion fraud.

The appellate court presided over by Justice Muhammed Mustapha adjourned the appeal to await the report of ongoing negotiations between the Economic and Financial Crimes Commission and the defendant. Justice Ismail Ijelu had ordered the businessman's arrest after he failed to appear before the court on many occasions to take his plea over the alleged fraud case despite repeated hearing notices served on him.

When the case was called, Adeniyi informed the court that the appellant had been making payment in line with the settlement proposal, so the EFCC felt that going ahead with the appeal might not be appropriate. He also told the court that the matter had started de novo before another lower court judge and the EFCC felt that the appeal had become academic and as such, the anti-graft agency had filed an affidavit showing the settlement and all that has transpired in the case so far.

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