Category: Legal matters
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Court Dismisses ₦4.8 Billion Fraud Case Against Ibeto After ₦3.2 Billion Refund
The Lagos State High Court in Ikeja has dismissed a ₦4.8 billion fraud case filed by the Economic and Financial Crimes Commission (EFCC) against Chief Cletus Ibeto, Chairman of Ibeto Energy Development Company. The case was struck out after the EFCC’s counsel, Rotimi Jacobs (SAN), revealed that Ibeto had refunded ₦3.2 billion to the complainant,…
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Chinese Investor Seeks N5bn in Defamation Suit Against Nigerian Media
Liu Yangxi, Managing Director of BN Ceramics Industry Nigeria Limited and NB Ceramics Ltd, has filed a defamation lawsuit seeking N5 billion from several Nigerian media outlets. This action follows articles published on August 3 and August 7, which falsely implicated him in a purported N17 billion fraud. In his suit, marked CV/3993/2024, Yangxi claims…
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Falana Disagrees with Agbakoba’s View on EFCC’s Legal Status
Human rights lawyer, Femi Falana (SAN), has challenged the assertion by former Nigerian Bar Association president, Dr Olisa Agbakoba (SAN), that the Economic and Financial Crimes Commission (EFCC) is an “unlawful organisation.” In a letter dated October 17, 2024, Falana wrote to the Senate President, Senator Godswill Akpabio, and the Speaker of the House of…