Alleged N4.8bn fraud: Court adjourns Ibeto’s appeal

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Cletus Ibeto Notícia

Economic And Financial Crimes Commission (EFCC),Ibeto Energy Development Company,Justice I.O Ijelu

The Lagos Court of Appeal has adjourned till September 16 the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto.

A three-man panel of the Court of Appeal, Lagos Division on Tuesday adjourned till September 16, 2024, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto. The Economic and Financial Crimes Commission disclosed this in a statement on Thursday. The case which was previously before Justice I.O.

“At Tuesday’s proceedings, the appellate court presided over by Justice Muhammed Mustapha adjourned the appeal pending the report of the ongoing negotiations between the EFCC and the defendant,” the statement read. A three-man panel of the Court of Appeal, Lagos Division on Tuesday adjourned till September 16, 2024, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto. The Economic and Financial Crimes Commission disclosed this in a statement on Thursday. The case which was previously before Justice I.O.…

The Lagos State Government has announced a 40% discount on planning permit fees for Lagosians to encourage property owners to comply with building regulations. The Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, announced this during a press briefing. Olumide noted that the initiative is to encourage property owners in the state to…

The chairman of the presidential committee on fiscal policy, Taiwo Oyedele, has highlighted reforms needed in Nigeria's Value Added Tax system. Oyedele was quoted in a report to have said at an event on Monday that there is a need to increase Nigeria’s VAT rate which currently stands at 7.5 percent. However, Oyedele in…

 

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