Alleged N2 billion Ikeja Hotels Fraud : EFCC Declared former president of the Nigerian Stock Exchange (Ibru) Wanted

The Economic and Financial Crimes
Commission has declared a former
chairman of Ikeja Hotels wanted.
Goodie Ibru, a former president of the
Nigerian Stock Exchange, is facing
allegations of illegal diversion of up to
N2 billion shareholders’ funds and
stock markets fraud, EFCC spokesman,
Wilson Uwujaren, told PREMIUM TIMES
Wednesday.
The announcement may also be placed
in newspapers as advertorial on
Thursday morning, Mr. Uwujaren said.
The EFCC commenced investigation
into Mr. Ibru’s leadership of the
hospitality firm following a petition
from shareholders that chronicled
alleged acts of financial crimes against
him.
PREMIUM TIMES reported in August
2015 that the Civil Society Network
against Corruption had been pressing
the EFCC to take action against Mr.
Ibru for his alleged mismanagement of
about N10 billion.
Mr. Ibru could not be reached for
comments for this story.