Cletus Ibeto: The Alleged N4.8bn Fraud Trailing The Business Mogul

Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja, Lagos, on Friday, November 3, 2023, issued a bench warrant for the arrest of a businessman;  Chief Cletus Ibeto,  for failing to appear in court for his arraignment over an alleged N4.8bn fraud.The Judge had, on October  5, 2023, adjourned till November 3, 2023,  the arraignment of Ibeto alongside Ibeto Energy Development Company and Odoh Holdings on  10-count charges bordering on obtaining by false pretences, fraudulent conversion of property, criminal breach of trust, forgery and deception, following an application and appeal by his lawyer,…

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