Senate Summons CBN, AMCON Over Cecilia Ibru's N150bn Assets

The Senate Committee on Drugs, Narcotics, Financial Crimes and Anti-corruption have summoned the Central Bank of Nigeria (CBN), Asset Management Corporation of Nigeria (AMCON) and other relevant stakeholders to appear before it to explain what happened to the N150 billion Mrs Cecilia Ibru reportedly forfeited in assets and cash after she was convicted of fraud by a court in 2010.

The summons comes after a petition was sent to the committee alleging that the funds and properties recovered by the EFCC from Mrs Ibru were not remitted to the banks.
The committee say they plan to throw its searchlight on the recovery of assets from other convicted Managing Directors of Intercontinental Bank Plc, Union Bank Plc, AfriBank Plc and Bank PHB.

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Posted: at 16-03-2015 11:34 AM (9 years ago) | Hero

Imagine a country where 70percent lives in abject poverty and one person is stealing 150b which if utilised well,  will better the life of 150million nigerians. Sometimes I think God has already left nigeria. Pathetic

Posted: at 16-03-2015 12:02 PM (9 years ago) | Hero

e be like say rat and goat don chop the 150 billion naira seized assets 

Posted: at 16-03-2015 04:43 PM (9 years ago) | Hero

REALLY, STEALING IS NOT CORRUPTION HAS GEJ SAID! WHAT A SHAME

Posted: at 17-03-2015 03:10 AM (9 years ago) | Gistmaniac