Details of Asset Recovery Record

   
Date of Report

Description of Incidence

EFCC seizes over 103 properties belongs to Former Oceanic Bank Managing Director, Mrs. Cecilia Ibru.

Court Incharge

EFCC seizes over 103 properties belongs to Former Oceanic Bank Managing Director, Mrs. Cecilia Ibru.

Prosecuting Agency

Economic and Financial Crimes Commission (EFCC).

Gender

Age *

Nationality

Nigerian

Specified Country

Nigeria

State

Delta, State

LGA

Address

11300 Dappled Grey Way, Upper Marlboro Maryland, U.S.A.

Nature of Asset

Estimated Value

USD987,949

Nature of Incidence

Fraud

Locationy

Upper Marlboro Maryland, U.S.A.

Current Status

Temporarily siezed

Additional Information

The Economic and Financial Crimes Commission seizes the properties and shares in 27 companies, linked to former Managing Director of Oceanic Bank International Plc, Mrs. Cecilia Ibru and insists the said properties remained seized. The commission claimed that some of the properties were bought with funds belonging to Oceanic Bank.

Source of Report

Pro Share

Category of Source

Local Media

Source Link

https://www.proshareng.com/news/Frauds%20&%20Scandals/Rescued-Banks--EFCC-seizes-Ibru%C3%83%C2%A2%C3%A2%E2%80%9A%C2%AC%C3%A2%E2%80%9E%C2%A2s-103-properties/8814