Court adjourns Ibru's case again

// Latest Addition | Court adjourns Ibru's case again
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font
Cecilia Ibru

The Federal High Court, Lagos, on Monday adjourned further hearing on the corruption charges filed against the former Managing Director, Oceanic Bank, Cecilia Ibru till October 4.

The Economic and Financial Crimes Commission (EFCC) had, in August 2009, filed a 25-count charge against Mrs Ibru for allegedly granting "unsecured and unapproved loans" without adequate collaterals.

The commission alleged that the accused granted about N100 million to some companies in which she had interest.

At the resumed hearing of the case on Monday, Taiwo Osipitan (SAN), the accused counsel told the court that he had served his written address on the prosecution and the court.

"At the last adjournment, the court asked us to file our written addresses. We have done so and we are ready to adopt it," he said.

While counsel to the prosecution, Rotimi Jacobs, however, said that he was unable to file his written address and asked the court for a short adjournment to enable him to do so.

Ruling on the request for a short adjournment, Justice Dan Abutu has adjourned the case till October 4, which more than two months time for the adoption of the written addresses of both counsels.

Mrs Ibru had, on Thursday August 27, 2009 turned herself in to the Economic and Financial Commission custody four days after she was declared wanted alongside Erastus Akingbola of Intercontinental Bank, who is still at large. The commission declared the duo wanted on charges of fraud, stock manipulation, and money laundering.

Earlier this year, case took another twist when the commission announced the seizure of Mrs Ibru's property in Nigeria and Dubai.

Tagged : Emir Of Kano, Farouk Lawal, Remi Odutola, Cecilia Ibru, Marina Krim, Kevin Krim, Nanny Stabs Two Kids To Death, World Largest Cybercafe

Headlines Newsview all

My Friend Kidnapped And Sold Me To Ritualists For N150,000 - Timothy Lawani

Hearing the story of kidnapped people for ritual purposes or for a ransom is disturbing and many just thank God it isn’t them and pray ... Full story

Nigerian Man Dies While Under Custody Of Austria Police, Few Hours After His Arrest

31 year old Kingsley Chinagorom Echeta pictured above is from Imo State Nigeria and has an 11 month old daughter. Sadly, he painfully died a ... Full story

I Was Jobless For 6 Years - Ebi Akpeti

Ebi Akpeti, Manager, Corporate Communications, Promasidor Nigeria PLC shares some of the experiences that have shaped her journey in this interview with Eric Dumo Can you ... Full story

Man, 63, Arrested For Infecting Step Daughter With HIV

A 63-year-old man, Alabi Ibrahim, was on Friday re-arraigned in a court in Abeokuta, Ogun state, and remanded in prison for allegedly infecting his stepdaughter ... Full story

My Life Is At A Standstill – Widow Of Lagos Businessman Crushed By Trailer

In her mid-thirties, Tina Dimoji, is a woman who never imagined her life could come crashing down during an outing with her husband of 14 ... Full story

Six One Chance Armed Robbers Arrested In Kwara

Six men suspected to specialise in robbing passengers in commercial vehicles in Ilorin, the Kwara State capital, have been apprehended by the Kwara State Police ... Full story

Team Pacquiao Sues Team Mayweather For $100M

Boxing promoter Bob Arum filed suit Wednesday against Al Haymon and his financial backers, claiming they are violating federal law by acting as illegal promoters ... Full story

Muhammadu Buhari Willing To Negotiation With Boko Haram (AUDIO)

According to President Muhammadu Buhari's special adviser on media and publicity, Femi Adesina, he revealed today that Buhari is open to negotiation with Boko Haram. President ... Full story

Playboy Model And Former Miss Bosnia Linked With 5 Murders And Multiple Robberies

A Playboy model and former Miss Bosnia has been extradited after being linked with five murders and a string of robberies that netted millions. Brunette Slobodanka ... Full story

N195b Pension Scam: EFCC Arrests Abdulrasheed Maina’s Secretary

The Economic and Financial Crimes Commission has made an important inroad in its effort to trace and bring to justice the former Chairman of the ... Full story

Comment on: Court adjourns Ibru's case again

Rate this article

5.00

Breaking News

Nigerian Footballer, Fikayo Tomori Signs Chelsea

The 17 year old defensive player, who was born in Canada, shared the good news on twitter. Congrats to him. ... Full story

CBN Defends Selective Forex Restriction

The Central Bank of Nigeria has defended its decision to stop the use of foreign exchange for the importation of certain goods. This is contained in ... Full story

2face Idibia's Wife Annie Idibia Shows Off Hot Legs

  Mrs Idibia is presently shooting a movie in the US..Hot woman   ... Full story

Cobhams, Debanj, Phyno, Patoranking Others Shine At Road To Mamas

The red carpet of the Marquee at the Federal Palace Hotel, Victoria Island is currently bustling with excitement as super stars Cobhams, D’banj, Phyno, Iyanya, ...

NAFDAC Completes Investigation on Jim Iyke

Nollywood bad boy or ladies man as many might want to refer him to, Jim Iyke, is not relenting in his water business along with ...

Why Most Female Celebrities Are Unmarried- Susan Peters

Although she's yet to be married, but popular Nollywood actress Susan Peters who's elder sister wedded over the weekend knows the reasons most Nigerian female ...

Domestic Violence: If You Can’t Endure Anymore, Walk out of The Union…Shan George

With recent domestic violence being experienced by many women in their matrimonial homes, Nollywood actress, Shan George, has advised that it will be better they ...

Manchester United Poised To Break Bank With Swoops For Schweinsteiger And Cavani

Bayern Munich have told German World Cup winner Schweinsteiger that he can decide on his future. United manager Louis van Gaal is determined to be reunited ... Full story

Real Reason Ini Edo Actually Travelled To Istanbul

Some months back, Nollywood actress, Ini Edo, was on vacation which many thought was a journey for a little rest and some shopping in Istanbul, ...

Pirated CD Seller Embarrassed Honourable Desmond Elliot in Lagos Traffic

Nollywood actor cum politician, Desmond Elliot, has disclosed how he was embarrassed in Lagos traffic recently by a movie seller who sells in traffic. According to ...