WANTED: Goodie Ibru For Alleged Capital Market Fraud

Photo Credit: Sahara Reporters
Photo Credit: Sahara Reporters

12/10/2016/The Will

The Economic and Financial Crimes Commission (EFCC) has declared Goodie Ibru, hotelier and businessman, wanted over alleged capital market fraud.

THEWILL gathered that he had been invited by the anti-graft commission but failed to appear, hence, the declaration.

According to a statement by the Head of Media and Publicity of the EFCC, Wilson Uwujaren, Ibru is wanted for allegedly diverting billions of naira and assets of Ikeja Hotels to his personal use.

“The public is hereby notified that Goodie Minabo Ibru is wanted by the Economic and Financial Crimes Commission (EFCC) in connection with a case of conspiracy, capital market fraud, stealing, diversion of funds and money laundering.

“He allegedly diverted billions of naira and assets of Ikeja Hotels Plc, owners of Sheraton Hotel, Lagos, Federal Palace Hotel, owners of Sheraton Hotel, Abuja, to his personal benefit.

“The 74-year-old Ibru is 5’11 ft, dark in complexion and a native of Agbara-Otoh, Delta state. He speaks English, Yoruba and Urhobo fluently. His last known address is No 5 Ogalade close, Victoria Island/Sheraton, Ikeja Lagos.

“Anybody having useful information as to his whereabouts should contact the commission through any of its offices located at Abuja, Kano, Gombe, Lagos, Ibadan, Maiduguri, Enugu and Port Harcourt.”

THEWILL recalls that there has been a crisis among shareholders of Ikeja Hotels Plc in the last one year which has torn the Ibru family into factions; one led by Mrs Maiden Ibru, the widow of Guardian Publisher, Mr Alex Ibru and the other by Goodie Ibru.

Story by David Oputah

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