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CLETUS IBETO
The Chairman of Ibeto Energy Development Company, Chief Cletus Ibeto, has refunded over N3.2 billion that he was alleged to have stolen from a victim, Chief Daniel Chukwudozie.
Union Bank Plc and a family have not come to terms regarding a judgment of a High Court in Lagos, which recently awarded N112,050,000 against the bank for wrongly selling the latter's property located at No. 6, Moore Road, Ikoyi, Lagos State, at a grossly undervalued price of N60 million.
Justice I.O. Ijelu of the Lagos State High Court, sitting in Ikeja, Lagos, has taken a significant step in the ongoing case involving businessman Chief Cletus Ibeto, who is facing allegations of an N4.8 billion fraud.
Dr Cletus Ibeto is a determined and business-savvy man who pushed through all odds, braving moves that other entrepreneurs would not dare.
A story of the battle for Cement dominance in Africa's largest economy, Nigeria.