Arms Deal Scandal: EFCC Allegedly Freezes Billionaire Business Mogul’s Accounts


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The Economic and Financial Crimes Commission, EFCC, in its ongoing war against corruption and corrupt persons has seized an account belonging to Billionaire businessman and head of The Ibeto Group, Cletus Ibeto.

The account seizure account to news agency, SIGNAL, is in connection with the alleged role played by the billionaires in the arms procurement deals.

The news agency also reported that sources privy to the information revealed that bank accounts belonging to the business mogul who presides over one of Africa’s largest business enterprises have also been frozen by the EFCC.

As at press time, efforts to reach the EFCC spokesman, Wilson Uwujaren for confirmation has proven abortive.

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