The Economic and Financial Crimes Commission (EFCC) has filed a suit at the High Court of Lagos State against former Chairman, Ikeja Hotels, Plc, Mr Goodie Ibru. The anti-grant agency alleged that Mr Ibru fraudulently converted property of the hotel valued at N1,092,228,915.75. He was in addition alleged to have fraudulently converted £63,084 (Pounds Sterling) and another $33,976 also said to be property of the hotel.
Mr. Ibru is facing an eleven count charge offence bordering on conspiracy to steal and stealing by fraudulent conversion in the suit filed before Justice Raliatu Adebiyi of the High Court of Lagos State.
Charged alongside with him are three other corporate organizations as defendants, including Associated Ventures International Limited, IHL Services Limited and Clearview Investment Limited. The EFCC, specifically in the first and second charges alleged that Ibru and other defendants had between January and December 2010 conspired amongst themselves to steal by fraudulently converting N867,700,990.00 property of Ikeja Hotels Plc, which sum was allegedly received through Starwood Limited (Managers of Sheraton Hotels, Ikeja) as profit ndue to the hotel.
In the third count, the anti-graft agency further alleged that the defendants, had between June and October 2010, with intent to defraud, fraudulently converted to personal use, a sum of N55,102,485.50 received through Starwood Limited as profit due to the hotel.
The defendants were also alleged to have, with intent to defraud, fraudulently converted to personal use, various sums received through Starwood Limited as profit due to the hotel £10,075 (pounds sterling) and $13,373; N21, 366,013.00; N120,550,661.00; 2,400 Euros; #50,6099(pound sterling) and $20,603- between January 2010 and February 2015.
EFCC alleged that the defendants also, with intent to defraud, fraudulently converted to personal use a sum of N27, 508,766.25 sometime in February 2010,property of Ikeja Hotels Plc which sum was said to have been received through Clearview Investment Limited as proceeds of the sale of Ikeja Hotels property.
The EFCC said the offences committed by the defendants are contrary to Sections 516, 370(7)(b) and 9 and 278(1)(b) and 285(8) and 9(b) o0f the Criminal Code Cap C. 17, Vol. 11, Laws of Lagos State of Nigeria, 2011. No date has been fixed for the hearing of the suit.
http://www.reporters-360.com/efcc-drags-goodie-ibu-others-to-court-over-n1-8-billion-fraud/
