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Arm Deal Scandal: EFCC Freezes Business Mogul’s Account

In new development that trails the ammunition and arm case the Economic and Financial Crimes Commission (EFCC) was said to have seized an account belonging to business tycoon and head of The Ibeto Group, Cletus Ibeto.
The account seizure, according to a source, is in connection with the alleged role played by the billionaires in the arms procurement deals.
The source also reported that persons privy to the information revealed that bank accounts belonging to the business mogul who presides over one of Africa’s largest business enterprises have also been frozen by the EFCC.
As at press time, efforts to reach the EFCC spokesman, Wilson Uwujaren for confirmation has proven abortive.

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