Featured post
Goodie Ibru declared wanted by EFCC
Goodie Ibru
Goodie Ibru, one of the popular Ibru brothers, has been declared wanted by the Economic and Financial Crimes Commission.
In a notice, EFCC spokesman, Wilson Uwujaren, said Goodie, 74 years old, is wanted in connection with money laundering, conspiracy, theft, capital market fraud and diversion of funds.
From the notice, it was clear that Ibru’s offence emanated from his chairmanship of Ikeja Hotels, owners of Sheraton Hotel in Abuja and Lagos, Capital Hotel and Federal Palace Hotel.
The ownership of the company has been a subject of dispute between Maiden Ibru, publisher of The Guardian newspaper and Goodie Ibru.
The EFCC notice on its website
Maiden’s late husband, Alex Ibru was a co-director of the company. But when he died, a struggle began for the control of the company.
The EFCC in its notice on its website said:“The public is hereby notified that Goodie Minabo Ibru is wanted by the EFCC in connection with a case of conspiracy, capital market fraud, stealing, diversion of funds and money laundering.
“He diverted billions of Naira and assets of Ikeja Hotels Plc, owners of Sheraton Hotel, Lagos; Federal Palace Hotel and Capital Hotel; owners of Sheraton Hotel Abuja to his personal benefit.
“Anybody having useful information as to his whereabouts should contact the commission through any of its offices located at Abuja, Kano, Gombe, Lagos, Ibadan, Maiduguri and Port Harcourt.”
The Nation newspaper locates Goodie Ibru’s problem in the crisis of confidence among shareholders of Ikeja Hotels Plc in the last one year.
“Armed with a Federal High Court order, some shareholders, led by Mrs Maiden Ibru, the widow of Guardian Publisher, Mr Alex Ibru, held a controversial Extra-Ordinary General Meeting outside the Sheraton hotel premises on January 6, 2015.
“But Mr. Goodie Ibru, leading other members of Ibru family, obtained an ex parte injunction from the Federal High Court, Abuja to restrain Mrs. Ibru from “calling an EGM or representing her late husband’s investment vehicle holding shares in Ikeja Hotels Plc.”
“Some shareholders later purportedly sacked Goddie Ibru as the chairman and director of the company over corporate governance infractions.
“They also picked Mr Olumide Braithwaite and Mr Tunde Sarumi as directors of the company.
“KPMG Nigeria Ltd was mandated conduct a forensic audit of the management of the company from 1999 to 2014 when Mr. Goodie Ibru was the chairman of Ikeja Hotels Plc .
But Ibru, who said he would challenge his purported removal in court, said: “In the first place, the so-called EGM was not properly convened. We have over 14,000 shareholders, none of whom was issued with the notice required by Sections 220-222 of CAMA (Companies and Allied Matters Act), nor were they afforded the opportunity to appoint proxies to vote in their stead.”
Nan
Advertisement
POPULAR POSTS
Amotekun was set up to annihilate herdsmen – Miyetti Allah
- Get link
- Other Apps
Hoodlums Vandalise 20 Cars, Loots 50 Shops in Mushin
- Get link
- Other Apps
US coronavirus cases climb to 35 with return of cruise passengers
- Get link
- Other Apps
Coronavirus: Belgium's COVID-19 Death Toll Surged Above 10,000
- Get link
- Other Apps
Follow Us On Twitter
Popular Posts
Health: COVID-19 Booster Jab Side Effects: What to Expect and How to Manage it
- Get link
- Other Apps
FOOD SECURITY: PRESIDENT TINUBU MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA'S FOOD SYSTEM TRANSFORMATION
- Get link
- Other Apps
Coup d'etat : UNPLEASANT DEVELOPMENTS IN NIGER REPUBLIC
- Get link
- Other Apps
Education: Schools Can Open Safely during COVID-19, the Latest Evidence Shows
- Get link
- Other Apps
Comments
Post a Comment