Tuesday, May 26, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home News

Alleged N4.8bn Fraud: ‘It Can Be Settled Out Of Court Between Cletus Ibeto and Complainant,’ Counsel Tells Court

...As Bench Warrant Is Issued Against Businessman

The Daily Crucible by The Daily Crucible
November 4, 2023
in News
0
Alleged N4.8bn Fraud: ‘It Can Be Settled Out Of Court Between Cletus Ibeto and Complainant,’ Counsel Tells Court

 

Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja, Lagos, on Friday was told that the alleged N4.8bn fraud against businessman, Chief Cletus Ibeto, could be sorted out of court between him and the Complainant in the matter.

You might also like

Still Earth Holdings Strengthens Governance Structure Through EFCC–SCUML Compliance Training

Court Clears Jonathan For 2027 Presidential Race, Fines Lawyer N21m

Police Gun Down 3 Kidnap Suspects, Rescue Abducted Man In Oyo Forest Raid

 

But Justice Ijelu issued a bench warrant for his arrest for failing to appear in court for arraignment on Friday, October 3 over the alleged N4.8bn fraud against him.

 

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, Onyechi Ikpeazu, SAN.

 

Ikpeazu, while seeking an adjournment, had told the court that “the law is not a respecter of any person. I am of the firm view that this is a matter that can be resolved; and if given some time, it can be resolved.” The defence counsel further told the court that he had no medical report with him, in court, to explain the absence of the defendant, adding that the issue at stake was one that could be resolved between the complainant and the defendants.

 

Responding, prosecution counsel, Rotimi Jacobs, SAN, said though plea bargain was encouraged even in criminal matters, “the EFCC gave them the opportunity to go and resolve their differences, but they did not seize the opportunity, even before the charges were filed. “There should be an arraignment first before the court will assume jurisdiction to do anything,” he said.

 

After listening to both parties, Justice Ijelu, at the last sitting, expressed concerns that the defence counsel seemed to be trying to deceive the court. The Judge held that defendant could not be shielded from coming to court and adjourned till November 3, 2023 for arraignment of the defendants.

 

However, at Friday’s proceedings, Ibeto was, again, absent in court.
Jacob, who informed the court that the matter was for arraignment, recalled that the defendants had been absent at previous sittings on September 28, and October 5, 2023. “Your lordship will recall that on the 28th of September 2023, this matter came up for arraignment and my friend, Okoko, SAN appeared for the defendants and pleaded with my lord for adjournment till 5th of October 2023 to enable him produce the defendant.

 

Your lordship graciously granted the request. On the 5th of October , my learned brother silk, Ikpeazu, SAN, came and represented the defendants and also pleaded with your lordship for adjournment on the grounds that he wanted to talk to the prosecution to do plea bargain, and your lordship insisted that the defendant, whatever step to be taken, must be present in court. Today, the learned senior advocate did not appear. They now brought another counsel to, again, say that he is not in court,” he said.

 

Counsel for the defendants, D.A. Awosika, SAN, who apologized for the absence of his client, said that the defendant had an underlying ailment. He said: “I am not here to grandstand and I am not here to disrespect the court. The defendants will always come before the court to take their pleas. However, the position of the law is that when you have a criminal proceedings, it is bifurcated into two: there are proceedings before plea is taken; and there proceedings after plea is taken.” He, thereafter, argued that the defence had an application before the court challenging the jurisdiction of the court to hear the case.

Citing several references, he argued that the application ought to be heard before the plea could be taken. “He is not running away from the court. He is not disrespecting the court. I am urging my lord to allow the defence to move its application challenging jurisdiction,” he said.

 

Previous Post

FG To Subsidize Adire Production To Boost Micro, Macro Economy – Betta Edu

Next Post

Payment Of Kogi Students WAEC Fees: Governor Bello Has Cast His Name In Gold – Indigenes

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

Still Earth Holdings Strengthens Governance Structure Through EFCC–SCUML Compliance Training
News

Still Earth Holdings Strengthens Governance Structure Through EFCC–SCUML Compliance Training

by The Daily Crucible
May 26, 2026
Court Clears Jonathan For 2027 Presidential Race, Fines Lawyer N21m
News

Court Clears Jonathan For 2027 Presidential Race, Fines Lawyer N21m

by The Daily Crucible
May 26, 2026
Police Gun Down 3 Kidnap Suspects, Rescue Abducted Man In Oyo Forest Raid
News

Police Gun Down 3 Kidnap Suspects, Rescue Abducted Man In Oyo Forest Raid

by The Daily Crucible
May 26, 2026
NSCDC Seals Firms In Abia, Zamfara Linked To Alleged Rail Track Theft Nationwide
News

NSCDC Seals Firms In Abia, Zamfara Linked To Alleged Rail Track Theft Nationwide

by The Daily Crucible
May 26, 2026
Court Orders Final Forfeiture of Assets Linked To Illegal Mining In Ogun
News

Court Orders Final Forfeiture of Assets Linked To Illegal Mining In Ogun

by The Daily Crucible
May 26, 2026
Next Post
Payment Of Kogi Students WAEC Fees: Governor Bello Has Cast His Name In Gold – Indigenes

Payment Of Kogi Students WAEC Fees: Governor Bello Has Cast His Name In Gold - Indigenes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Advertisement

Advertisement

Recent News

Still Earth Holdings Strengthens Governance Structure Through EFCC–SCUML Compliance Training

Still Earth Holdings Strengthens Governance Structure Through EFCC–SCUML Compliance Training

May 26, 2026
Court Clears Jonathan For 2027 Presidential Race, Fines Lawyer N21m

Court Clears Jonathan For 2027 Presidential Race, Fines Lawyer N21m

May 26, 2026
Police Gun Down 3 Kidnap Suspects, Rescue Abducted Man In Oyo Forest Raid

Police Gun Down 3 Kidnap Suspects, Rescue Abducted Man In Oyo Forest Raid

May 26, 2026
NSCDC Seals Firms In Abia, Zamfara Linked To Alleged Rail Track Theft Nationwide

NSCDC Seals Firms In Abia, Zamfara Linked To Alleged Rail Track Theft Nationwide

May 26, 2026
Court Orders Final Forfeiture of Assets Linked To Illegal Mining In Ogun

Court Orders Final Forfeiture of Assets Linked To Illegal Mining In Ogun

May 26, 2026
Police Arrest Chef Over Alleged Drugging, ₦150m Luxury Theft in Abuja Home

Police Arrest Chef Over Alleged Drugging, ₦150m Luxury Theft in Abuja Home

May 25, 2026

Court Delays EFCC’s Prayer Seeking Forfeiture Of Abuja Properties Linked To Ex – Governor Timipre Sylva

May 25, 2026
Igboho Awaits FG Approval For ‘Iru Ekun’ Security Outfit, Backs Makinde’s New Order

Igboho Awaits FG Approval For ‘Iru Ekun’ Security Outfit, Backs Makinde’s New Order

May 25, 2026
INEC Appeals Court Ruling Voiding 2027 Election Guidelines

INEC Appeals Court Ruling Voiding 2027 Election Guidelines

May 25, 2026
Yari Donates 500 Cows to Zamfara APC Members Ahead of Eid-el-Kabir

Yari Donates 500 Cows to Zamfara APC Members Ahead of Eid-el-Kabir

May 25, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.