Senate committee summons CBN, AMCON over Cecilia Ibru’s N150bn assets

Bayo Ajibola

ibru

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.


Bayo Ajibola

Welcome to naijaparents.com. Whatever your  problem, marital, relationship, spiritual or parenting. We are here for you. No matter how difficult they are, together we can release power sufficient to solve these problems either spiritual or otherwise. Don't dwell on what went wrong. Instead, focus on what to do next. Spend your energies on moving forward toward finding the answers and solutions.  Digging at the roots instead of just hacking at the leaves is our way of solving your problems. On naijaprents we break the problem down into components and solve one problem at a time. Let's hear from you.Join the conversation on our Forum and , like us on our Facebook page .Google+

Leave a Comment

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.