HEHEHEHE Jonathan on TRIAL OOOOO. The Asset Management Corporation of Nigeria (AMCON) has objected to a suit by convicted former Managing Director of the defunct Oceanic Bank Plc, Mrs. Cecilia Ibru, seeking to retrieve the properties she forfeited to the Federal Government on her conviction in October 2010. Upon a plea bargain arrangement, Mrs Ibru was convicted by a Federal High court in Lagos and was sentenced to six months imprisonment. Under the arrangement, she forfeited assets worth N191 billion comprising 94 properties across the world, including the United States of America, Dubai and Nigeria to AMCON. Ibru, who sued for herself, Ibru Group and three others, among others asked the court to stop the Attorney-General of the Federation and AMCON from further taking any steps towards implementing the terms of the plea bargain and settlement agreement leading to her conviction..
Posted on: Tue, 03 Jun 2014 20:30:46 +0000
Trending Topics
Recently Viewed Topics
© 2015