Billionaire businessman and head of The Ibeto Group, Cletus Ibeto has been invited by the Economic and Financial Crimes Commission, EFCC over his alleged role in arms procurement deals, SIGNAL can report.

Sources familiar with the development told SIGNAL Wednesday night 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.

Efforts by our reporter to reach Wilson Uwujaren, the spokesperson of the EFCC proved abortive at the time of filing this report.

It will be recalled that Nigeria’s Vice-President Yemi Osinbajo alleged on Monday that around $15 billion — equal to about half the country’s foreign currency reserves — was stolen from Nigeria’s public purse under the previous government of Goodluck Jonathan through fraudulent arms procurement deals.

Similarly, in January, 2016 the information minister Lai Mohammed said 55 people who were government ministers, state governors, public officials, bankers and businessmen stole 1.34 trillion naira ($6.8 billion) over a seven-year period.

The Nigerian government is yet to release any evidences backing these claims.


http://www.signalng.com/arms-deal-efcc-freezes-accounts-of-billionaire-businessman-cletus-ibeto/

Its a lie.
Uncle don't worry we dey your back....

I don't trust this source

. But anything Jonathan related can be assumed to be true based on past revelations

DaBullIT:
I don't trust this source

. But anything Jonathan related can be assumed to be true based on past revelations

past revelations from the same people,
Shine your eyes

gobe o

Expect those cardboard carrying chimpanzees to storm EFCC, protesting against the ''persecution of their son'' who is being beefed for almost being the richest man on planet earth.

Just wait and see.

Campaign of calumny. #ScamChange

We are now in operation freeze all ibo man bank account and seize their bank too
Just watching

If this true, freezing a businessman's bank accounts is like a heft penalty.
Unfortunately, the person who made this decision did not consider the economic, business, and even political impact of freezing the bank accounts of a major employer of labor in this country.

He has not been arraigned, tried, and convicted in a court of law, yet some ethno-tribalistic and religious zealot masqurading as EFCC would yield the heaviest hammer on a suspected business man. BTW, trying people in the press doesn't work, go to court and obtain a conviction, before destroying their sweat and blood.
If anybody politicizes our billionaire job creators in this country, then don't be surprised that one day Dangote might wake up to find that a critical federal government has frozen his bank accounts based on a mere allegation.

sexybrooke:
Operation freeze all igbo billionaire accounts on the way that's the new style .nnamdi kanu said all these things before now but the politicians only picked the insults from his messages and left the real message now they are suffering it .please why is dangote free after all these years of looting from the govt of the chimpanzee aka oby to bubu tribal bigot anyway it serves the igbo people well ,we told them to support biafra and all these ll end but igbo man sense won't allow him let see how this ll go down

Keep playing the victim card! To some of you, running rarefied circles is a full time job!

The account is merely frozen. If found clean, he will regain access to his account. If found wanting, will those who have died as a result rise back to life?

Someone's implicated in an intricate subject that has claimed so many lives and ravaged communities, yet, you're morning a mere freezing of his account.

Imagine!!!

pure witch hunting. The Last Thing Ibeto Or Any Sensible Nnewi Man Will Do Is Partake In Share The National Cake Mentality. Nxt Might Be Cosmos Mmadu Or Ifeanyi Uba.. Lubish

After proven guilty of corruption, these looters were suppose to be charge for mass murder.

the unimaginable aftermath of their terrible actions is in itself terrorism

Operation freeze all igbo billionaire accounts on the way that's the new style .nnamdi kanu said all these things before now but the politicians only picked the insults from his messages and left the real message now they are suffering it .please why is dangote free after all these years of looting from the govt of the chimpanzee aka oby to bubu tribal bigot anyway it serves the igbo people well ,we told them to support biafra and all these ll end but igbo man sense won't allow him let see how this ll go down

Super1Star:
Expect those cardboard carrying chimpanzees to storm EFCC, protesting against the ''persecution of their son'' who is being beefed for almost being the richest man on planet earth.

Just wait and see.

Son of a B, your hate and envy end here, ekwensu kpokwa gi Oku ki na family gi, anuofia, Nwa oti that has no ball that can't see an average Igbo man on the street and challenge him, you come online to pour your frustration, Nwa oti you can rant all day, all week, months it change nofin. Nwa nkpe!

From records, he survived the onslaught brought upon him by Obj. If the publication is anything to go by and his acc frozen it's only for a matter of time.

Why killing healthy competition to grant a person monopoly in an open market!

The 2 major eastern money bags, Ibeto and ifeanyi Uba. Account freezed.

Hope they are vindicated soon enuf once found clean.

I await a credible source

EMMAUGOH:
pure witch hunting. The Last Thing Ibeto Or Any Sensible Nnewi Man Will Do Is Partake In Share The National Cake Mentality. Nxt Might Be Cosmos Mmadu Or Ifeanyi Uba.. Lubish

i guess you were his accountant. ****

Super1Star:
Expect those cardboard carrying chimpanzees to storm EFCC, protesting against the ''persecution of their son'' who is being beefed for almost being the richest man on planet earth.

Just wait and see.

Is that what the blood sucking demon allah taught you - hatred ?. I dont need to be religious to believe that God indeed rejected Ishmael because of reasons one of which you and your likes display here on nairaland - hatred. The good book says "God is love and everyone who loves is of God, but he that does not love does not know God for God is love".
This type of news gladdens the hearts of you and your likes against a people and after u'll tell me your religion is the true way to God. you people are lost you need to find the truth before its too late.

naijaking1:
If this true, freezing a businessman's bank accounts is like a heft penalty.
Unfortunately, the person who made this decision did not consider the economic, business, and even political impact of freezing the bank accounts of a major employer of labor in this country.

He has not been arraigned, tried, and convicted in a court of law, yet some ethno-tribalistic and religious zealot masqurading as EFCC would yield the heaviest hammer on a suspected business man. BTW, trying people in the press doesn't work, go to court and obtain a conviction, before destroying their sweat and blood.
If anybody politicizes our billionaire job creators in this country, then don't be surprised that one day Dangote might wake up to find that a critical federal government has frozen his bank accounts based on a mere allegation.

Go get proper education.

Freezing of bank accounts and other assets is legally recognized in prosecution of corruption cases all over the world.

In this case, EFCC is empowered by law once there are enough credible evidences supporting the suspicion of corrupt enrichment.

Stop appealing to sentiments and pity my friend!

sexybrooke:
Operation freeze all igbo billionaire accounts on the way that's the new style .nnamdi kanu said all these things before now but the politicians only picked the insults from his messages and left the real message now they are suffering it .please why is dangote free after all these years of looting from the govt of the chimpanzee aka oby to bubu tribal bigot anyway it serves the igbo people well ,we told them to support biafra and all these ll end but igbo man sense won't allow him let see how this ll go down

are we to start d victim game again......am sick am tired of how some Igbos reason....if an igbo man commits a crime should he b allowed to walk away simply coz he is igbo?.....and if everyother tribe stand wit every of their own.....who will den b prosecuted?.....if he is innocent they will drop all charges and unfreeze his account......stop downgrading our region by making it look as we always stand wit accused....biko nu!...aka ya diri ocha, aga ahapu ya

sexybrooke:
Operation freeze all igbo billionaire accounts on the way that's the new style .nnamdi kanu said all these things before now but the politicians only picked the insults from his messages and left the real message now they are suffering it .please why is dangote free after all these years of looting from the govt of the chimpanzee aka oby to bubu tribal bigot anyway it serves the igbo people well ,we told them to support biafra and all these ll end but igbo man sense won't allow him let see how this ll go down

...iPod youths

Ilovemystate:

Son of a B, your hate and envy end here, ekwensu kpokwa gi Oku ki na family gi, anuofia, Nwa oti that has no ball that can't see an average Igbo man on the street and challenge him, you come online to pour your frustration, Nwa oti you can rant all day, all week, months it change nofin. Nwa nkpe!

You just confirmed to the world that you are one of the Chimpanzees.

Unfortunately I do not waste my time on.chimps like you. Upgrade your brain and become an homo sapiens. Stop being homo habilis.

sleepingTROUBLE:
Is that what the blood sucking demon allah taught you - hatred ?. I dont need to be religious to believe that God indeed rejected Ishmael because of reasons one of which you and your likes display here on nairaland - hatred. The good book says "God is love and everyone who loves is of God, but he that does not love does not know God for God is love".
This type of news gladdens the hearts of you and your likes against a people and after u'll tell me your religion is the true way to God. you people are lost you need to find the truth before its too late.

Thank you for confirming you are one of the Chimpanzees.

Wetin the mumu dey talk? To you, oving God is having macabre dance for looters in the name of protesting against persecution of corrupt personalities. If your own God allows you to support injustice and corruption, I wonder what kind of God you are worshipping because even ordinary nature does not allow that.

Religion is indeed the opium of the people.

lustychima:
are we to start d victim game again......am sick am tired of how some Igbos reason....if an igbo man commits a crime should he b allowed to walk away simply coz he is igbo?.....and if everyother tribe stand wit every of their own.....who will den b prosecuted?.....if he is innocent they will drop all charges and unfreeze his account......stop downgrading our region by making it look as we always stand wit accused....biko nu!...aka ya diri ocha, aga ahapu ya

lustychima:
are we to start d victim game again......am sick am tired of how some Igbos reason....if an igbo man commits a crime should he b allowed to walk away simply coz he is igbo?.....and if everyother tribe stand wit every of their own.....who will den b prosecuted?.....if he is innocent they will drop all charges and unfreeze his account......stop downgrading our region by making it look as we always stand wit accused....biko nu!...aka ya diri ocha, aga ahapu ya

But where is lalasticlala sef

lustychima:
are we to start d victim game again......am sick am tired of how some Igbos reason....if an igbo man commits a crime should he b allowed to walk away simply coz he is igbo?.....and if everyother tribe stand wit every of their own.....who will den b prosecuted?.....if he is innocent they will drop all charges and unfreeze his account......stop downgrading our region by making it look as we always stand wit accused....biko nu!...aka ya diri ocha, aga ahapu ya

what do you mean by "stop the victim mentality" someone has not been convicted his account has been frozen already what nonsense is this yoruba man ? Who decides who's Guilty in nigeria, efcc or the law court nonsense I wish the zoo FG ll freeze all the igbo elite's accounts so their brains ll reformat to biafrann mode

lustychima:
are we to start d victim game again......am sick am tired of how some Igbos reason....if an igbo man commits a crime should he b allowed to walk away simply coz he is igbo?.....and if everyother tribe stand wit every of their own.....who will den b prosecuted?.....if he is innocent they will drop all charges and unfreeze his account......stop downgrading our region by making it look as we always stand wit accused....biko nu!...aka ya diri ocha, aga ahapu ya

what do you mean by "stop the victim mentality" someone has not been convicted his account has been frozen already what nonsense is this yoruba man ? Have you thought of the economic implications of this action and its effect on unemployment, Who decides who's Guilty in nigeria, efcc or the law court nonsense I wish the zoo FG ll freeze all the igbo elite's accounts so their brains ll reformat to biafrann mode

This people want to frustrate the few billionaires from the east .... Why can't they freeze the account of dangote ?