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

Nature of Asset

Money

Estimated Value

NGN7,142,800

Nature of Incidence

Fraud

Locationy

Current Status

Temporarily siezed

Additional Information

The Economic and Financial Crimes Commission seizes the NGN7,142,800 value of shares in First City Monument Bank Plc. which Allegedly belongs to former Managing Director of Oceanic Bank International Plc, Mrs. Cecilia. 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