Confusion as court orders arrest of sick billionaire in N4.8bn fraud allegation

  • A bench warrant has been authorised for Nigerian businessman Cletus Ibeto in N4.8bn Fraud Case
  • The billionaire entrepreneur is being charged over allegations related to fraud, forgery, bridge of trust, etc
  • Ibeto’s lawyer claims his unavailability is a result of a challenging health issue

On Friday, November 3, 2023, Justice I.O. Ijelu, presiding over the Lagos State High Court in Ikeja, Lagos, issued a bench warrant for the apprehension of businessman Chief Cletus Ibeto.

This was disclosed in a statement posted on the official Twitter (now X) page of the Economic and Financial Crimes Commission on Saturday, November 4, 2023.