Former MD of Oceanic Bank, Cecilia Ibru, Convicted Of Bank Fraud

Mrs. Cecilia Ibru
By SaharaReporters, New York

Mrs. Cecilia Ibru, the former managing director of Oceanic Bank PLC, is to spend six months in jail and  forfeit over N150 billion Naira in assets and cash.

The former MD was convicted of bank and securities fraud and was convicted earlier today by a federal high court judge preisded over by Justice Dan Abutuin Ikoyi, Lagos.

However, the judge provided what amounts to a slap on the wrist by giving her only six months jail time. The judge said Mrs. ibru  will not get 1 -month credit for time already spent in EFCC custody during her arrest and interrogation. Her six months jail time would run concurrently as she was convicted on several counts of bank and security fraud.

Mrs. Ibru has vast assets throughout the world.

Cecilia Ibru Assets At Stake:

Upper Marlboro area of Maryland, United States are registered either to her son’s wife, Kemi Da silva, her son, Obaro or daughter Janet.

The Assets are:

1. 4155 Chariot Way purchased for $452,508,00 on March 12, 2009 and registered to Anita Da silva Ibru,

2. 4145 Chariot Way purchased for $440,105.00 and also registered Anita Da silva Ibru on April 14, 2009.

3. 4139 Chariot Way purchased for $451,629.00 and also registered to Edesiri Onatejerohene Ibru on April 21, 2009.

4. 4149 Chariot Way purchased for $473,657.00 and registered to Obaro and Hirut Ibru also on April 21, 2009.

5. 4141, Chariot Way purchased for $441, 790 on April 13, 2009 for her self.

6. 4143 Chariot Way Purchased for $439,362.00 on April 13, 2009 for self also.

7. 14605 Hawley Lane purchased for $3999,990.00 on July 22, 2008 and registered to her daughter, Janet Ibru,

8. 14630 Hawley Lane purchased for $ 460,703.00 May 17, 2008 and registered to Janet Ibru.

9.14721 Argos Place purchased for $457,950 and registered to Janet Ibru on October 28, 2008.

10. 14719 Argos Place purchased for $451,840.00 on November 26, 2008 and registered to Janet Ibru.

11. 11300 Dappled Grey Way purchased for $987,949.00 on October 7, 2008 and registered to herself.

 Above US Properties Listing Courtesy of TheWill

List of frozen assets World Wide Assets

1. Good Shepherd House, IPM Avenue , Opp Secretariat, Alausa, Ikeja, Lagos (registered in the name of Ogekpo Estate Managers)

2. Residential block with 19 apartments on 34, Bourdillon Road , Ikoyi (registered in the name of Dilivent International Limited).

3. 20 Oyinkan Abayomi Street, Victoria Island (remainder of lease or tenancy upto 2017).

4. 57 Bourdillon Road , Ikoyi.

5. 5A George Street , Ikoyi, (registered in the name of Michaelangelo Properties Limited),

6. 5B George Street , Ikoyi, (registered in the name of Michaelangelo Properties Limited).

7. 4A Iru Close, Ikoyi, (registered in the name of Michaelangelo Properties Limited).

8. 4B Iru Close, Ikoyi, (registered in the name of Michaelangelo Properties Limited).

9. 16 Glover Road , Ikoyi (registered in the name of Michaelangelo Properties Limited).

10. 35 Cooper Road , Ikoyi, (registered in the name of Michaelangelo Properties Limited).

11. Property situated at 3 Okotie-Eboh, SW Ikoyi. 12. 35B Isale Eko Avenue , Dolphin Estate, Ikoyi.

13. 38A Isale Eko Avenue , Dolphin Estate, Ikoyi (registered in the name of Meeky Enterprises Limited).

14. 38B Isale Eko Avenue , Dolphin Estate, Ikoyi (registered in the name of Aleksander Stankov).

15. Multiple storey multiple user block of flats under construction 1st Avenue , Banana Island , Ikoyi, Lagos , (with beneficial interest therein purchased from the developer Ibalex).

16. 226, Awolowo Road , Ikoyi, Lagos (registered in the name of Ogekpo Estate Managers).

17. 182, Awolowo Road , Ikoyi, Lagos , (registered in the name of Ogekpo Estate Managers)

18. 12-storey Tower on one hectare of land at Ozumba Mbadiwe Water Front, Victoria Island .

19. 5, Adeola Odeku Street, Victoria Island, Lagos (registered in the name of Casi Properties & Investment Ltd).

20. 18A, Adetokubo Ademola Street , Victoria Island, Lagos (registered in the name of Casi Properties & Investment Ltd).

21. 270, Ozumba Mbadiwe , Victoria Island, Lagos (registered in the name of Casi Properties & Investment Ltd)

22. 270, Ozumba Mbadiwe , Victoria Island, Lagos (registered in the name of Ogekpo Estate Managers Limited).

23. 15,000 square metres of land at Okunade Water Front, Lekki Peninsula .

24. 7,000 square metres of land at Okunade Water Front, Lekki Peninsula - (registered in the name of Melake Properties Limited).

25. 8,000 square metres of land at Okunade Water Front, Lekki Peninsula - (registered in the name of (Casi Properties Limited). 26. 1,000,000 square metres of land in Lekki.

27. 101 hectares of land along Lekki Expressway behind Chevron Nigeria .

28. 103 hectares of land bought from Dom Gas

29. Plot 5, Igbo-Efon, Off Lekki/Ajah Expressway, Victoria Island, Lagos by 1004 (registered in the name of Casi Properties & Investment Ltd)

30. Block 6, Flat 1 &2, Femi Okunnu H/Scheme Phase IV- Lekki (registered in the name of Oceanic Homes Savings & Loans Ltd)

31. One storey building at 50 Marina , Lagos .

32. 10 storey building at 60 Marina , Lagos .

33. 60, Marine View, Apongbon, Marina , Lagos (registered in the name of Dele Oye & Associates)

34. 10, Sobo Arobidu Street , Ikeja, GRA (registered in the name of Jeedab Fibre Limited).

35. Property at 10A Sobo Arobiodu Street , Ikeja (registered in the name of Chiaroscuro Limited).

36. AP Filling Station (Beside Former Hotel Bobby) Onipanu Lagos , (registered in the name of Vivi Oil Investments Limited).

37. Building at 154, Ikorodu Road , Lagos (registered in the name of Casi Properties & Investment Ltd).

38. Ilemba Hausa Road , Ajamgbadi, Lagos (registered in the name of Vivi Oil & Gas Company Limited).

39. Land at Iyana Ipaja Round About, Iyana Ipaja, Lagos , (registered in the name of Vivi Oil Investments Limited).

40. Building at 7, Randle Road , Apapa, Lagos , (registered in the name of Ogekpo Estate Managers Limited)

41. Block 34, Flat 6, LSDPC Housing Estate, Ebute-Metta Lagos (registered in the name of Ogekpo Estate Managers Limited)

42. Three residential towers at Port Harcourt , GRA. 43. 22 Sani Abacha Way, Port Harcourt, GRA (registered in the name of Velvox Investment Company Limited).

44. Metro Plaza Building , 991/992 Zakari Maimalari Street , Central Area, Zone 5, Abuja , (registered in the name of Abinof Food Company Limited).

45. The 4 Floor Building at Herbert Macaulay Way , Wuse Zone 6, Abuja (registered in the name of Casi Properties and Investment Ltd).

46. Metro Plaza Building, ANNEXE B, Zakariya Maimalari Street, Cadastral Zone, AOO, C.B.D, Abuja (registered in the name of MST Properties West Africa Ltd).

47. Flats 1-4, Block D33, Abuja Games Village , Abuja (registered in the name of Convent Trade & Services Limited).

48. Block D33 (Flat 1-4) Games Village , Abuja (registered in the name of Casi Properties and Investment Ltd).

49. Block B40, Flat 5 & 6, Zone 3, Gymnastic Games Village (registered in the name of Oceanic Homes Savings & Loans Limited).

50. Executive Guest House, 4 bedroom Bungalow, Ndanuba Street , Maitama, Abuja (registered in the name of Ogekpo Estate Manager Limited). 51. Executive Guest House, Ali Akilu Crescent , Asokoro, Abuja , (registered in the name of Ogekpo Estate Managers Limited). 29 Real Estate Propert in Dubai 7

Residential Property: Dubai 15 Real Property: South Africa Real Property: London, England Abridged Shares In listed Nigerian Companies without limitation:

1. Access Bank Plc - (44,800,000 ordinary shares held by Prisky Gold Nigeria Limited)

2. Africa Petroleum Plc - (3,252 shares held by Prisky Gold Nigeria Ltd)

3. BGL Plc - (8,140,500 shares held by Eniofor Limited)

4. First Bank of Nigeria Plc  (275,795,139 shares held through Cloudy Heights Limited, Circular Global International Limited and Bliss Bloss Integrated Services Limited).

5. Dangote Flour Plc - 8,140,500 shares held by Prisky Gold Nigeria Ltd.

6. Dangote Sugar Refinery Plc - (12,480,000 shares held by Prisky Gold Nigeria Limited).

7. Fidelity Bank Plc - (12,500 shares held by Prisky Gold Nigeria Ltd).

8. First City Monument Bank Plc - (7,142,800 shares held by Prisky Gold Nigeria Limited).

9. Glaxo SmithKline Consumer Plc - (119,740 shares held by Prisky Gold Nigeria Limited)

10. Guaranty Trust Bank Plc - (110,000 ordinary shares held by Prisky Gold Nigeria Ltd)

11. Japaul Oil Plc - (25,316,400 shares held by Prisky Gold Nigeria Limited)

12. Nestle Nigeria Plc (1,915 shares held by Prisky Gold Nigeria Limited)

13. Nigerian Bottling Company Plc - (11,383,000 shares held by Prisky Gold Nigeria Limited)

14. Oando Plc - (334,367 shares held by Prisky Gold Nigeria Limited and 13,200,000 shares held by Velvox Investment Company Limited)

15. Oceanic Bank Intercontinental Plc - (254,100 shares held by Prisky Gold Nigeria Limited and 431,201,702 shares held by Africa Lloyd Limited)

16. Oceanic Vintage Fund - (100,000,000 units held by Prisky Gold Nigeria Limited)

17. Bank PHB Plc - (93,800,100 shares held by Prisky Gold Nigeria Limited)

18. R T Briscoe - (585 shares held by Prisky Gold Nigeria Limited)

19. Total Nigeria Plc - (24,118,588 shares held by Prisky Gold Nigeria Limited)

20. Transcorp Plc - (200,000,000 shares held by Prisky Gold Nigeria Limited) 21. UAC of Nigeria Plc - (1,125, shares held by Prisky Gold Nigeria Limited)

22. UPDC Nigeria Plc - (4,029 shares held by Prisky Gold Nigeria Limited)

23. Unilever Nigeria Plc - (145,850 shares held by Prisky Gold Nigeria Limited)

24. United Bank for Africa Plc - (109,121 shares held by Prisky Gold Nigeria Limited)

25. Union Bank of Nigeria Plc - (13,300,000 shares held by Prisky Gold Nigeria Limited)

26. Vitafoam Nigeria Plc - (1,197 shares held by Prisky Gold Nigeria Limited)

27. Lafarge Cement Wapco Nigeria Plc (23,142 shares held by Prisky Gold Nigeria Limited).

28. Zenith Bank Plc - (10,280,000 shares held by Prisky Gold Nigeria Limited)

29. Oceanic Bank Plc - (2,323,841,722 shares held by Arata Nigeria Limited)

30. Oceanic Bank Plc - (1,631,250,000 shares held by Meeky Ent. Ltd) 31. Oceanic Bank Plc - (1,012,500,000 shares held by Mas Mackoy Ltd)

32. Oceanic Bank Plc - (431, 202,702 shares held by Africa Lloyd Limited)

33. Oceanic Bank Plc - (345,833,332 shares held by Ibru C.A. .O)

34. Oceanic Bank Plc - (142,282,300 shares held by Casi Properties and Investment). 35. Oceanic Bank Plc - (98,993,775 shares held by Zatlins Ventures Limited A/c 385359)

36. Oceanic Bank Plc - ( 94,159,575 shares held by Comvet Trades & Services Ltd)

37. Oceanic Bank Plc - ( 52,078,175 shares held by Mac-Mackoy Limited)

38. Oceanic Bank Plc - ( 44,000,000 shares held by Oceanic SSITF)

39. Oceanic Bank Plc - (30,758,500 shares held by Dilivent International Limited)

40. Oceanic Bank Plc - (25,000,000 shares held by Cecilia Ibru)

41. Oceanic Bank Plc - ( 18,440,990 shares held by BFCL Investment A/C)

42. Oceanic Bank Plc - ( 12,212,500 shares held by Ogekpo Industries Ltd)

43. Oceanic Bank Plc - ( 12,121,225 shares held by Zatlins Ventures Ltd, A/C 148068)

44. Oceanic Bank Plc - ( 10,000,000 shares held by Micheal Cecilia Educational Foundation).

45. Oceanic Bank Plc - ( 4,955,625 shares held by Ogekpo Estates Limited)

46. Oceanic Bank Plc - (1,250,000 shares held by Ibafon Oil Ltd).

47. Oceanic Bank Plc - ( 292,775 shares held by Melake Enterprises Ltd).

48. Oceanic Bank Plc - ( 292,775 shares held by Melake Properties Ltd).

49. Oceanic Bank Plc - ( 292,775 shares held by Melake Technologies Ltd).

50. Oceanic Bank Plc - ( 78,993,750 shares held by Spanord Investment Co. Ltd).

51. Oceanic Bank Plc - ( 77,500,000 shares held by Aggregated Property Limited).

52. Oceanic Bank Plc - (77,500,000 shares held by Quartz Property Company).

53. Oceanic Bank Plc - 73,500,000 shares held by Arnott & Callman Investment).

Cars,  and personal assets at 20 Oyinkan Abayomi Street , Victoria Island

Two aircrafts worth $100 million

 

Comments
459 comment(s)
Post a comment

disappointed

what a man can do indeed a woman can do better

NIGERIA IS RICH PAY EACH NIGERIA MONTHLY ALAWANCE

CECILIA DONT MINE THEM THE ONE IBB OBJ AND OTHERS STOLE AND HER STEALING IS MORE THAN YOURS I HOPE YOU HIDE SOME THAT THEY DID NOT RECOVER THOSE ONES ARE YOUR FAMILY SHARE OF THE NATIONAL CAKE SANUSI HAVE TO RESTORE OCEANIC BANK BEACSUE HIM SANUSI IF YOU INVEST HIM HE STEAL TOO ALL OF YOU ARE THEIFSWHAT WE NEED IN NIGERIA IS THAT ALL THOSE IN POWER THAT ARE ABOVE FIFTY SHOULD BE REMOVE FROM SIT.

She is a criminal

Both the Lawyer and Cecicia shld be sent to jail at the same time

Sorry, i not understand what

Sorry, i not understand what having to me conduct and if you order to me to send my money cannot coz i'am not plotocrat.
Ones more i'am sorry.
 

balas

saya tidak mengerti apa yang harus saya perbuat dan ingat kamu tidak bisa menyuruh untuk mengirim uang saya bukan orang kaya

2019: CECILLIA IBRU FOR PRESIDENT

I always wonder the problem with us. We judge everything on setiment. Religious, tribal, ethinicity and other useless sentiment. If this PEN MEGA ROBBER decide to contest for presidency tomorrow. thousands of 'intellectuals' will try to justify why she must be voted for. The earlier we do away with sentiment the better for this country. Obasanjo was president for 8 yrs. What are the benefits that the Yoruba has benefited from him. On the contrary, the entire nation would ve benefited immensely from good leadership irrespective of the tribe of the leader. Wake up my people 12 years have been wasted. the choice is yours if we can afford to waste another four years based on the same old promises made by OBJU/ATIKU, and YAR ADUA/JONATHAN.

The banking sector of our

The banking sector of our great country should be greatly monitored, thieves like Cecilia Ibru are still there. CBN governor should carefully investigate them and make sure they face the law squarely

WOMEN ARE BIGGER LOOTERS

HER FRAUD REACHES THE BILLION DOLLAR MARK. A COMMON BANK MD. WHAT WILL SHE DO IF SHE IS IN GOVERNMENT. SHE HAS PROVEN THAT WHAT A MAN CAN DO A WOMAN CAN DO BETTER. WOMEN LOOT BETTER THAN MEN.

LOOTERS!!!!

The thing is she didn't even know when to stop. She carried on until she sucked the bank dry and was resisting to leave her post when asked to leave. I don't know how the greedy think that they are invincible? Her family will read all these comments and laugh like they got one over others or they would look at themselves with shame at the act of this so-called 'Matriach'. The brazen thief sat her ass in a bank as the boss and was just siphonning/looting the bank of money into personal assets and her family accounts? I can't even talk about the numerous awards that she would have received or the banquets in her honour due to so-called contribution to the private sector (in form of stealing). I hope her children walk with shame on their heads. Her husband is also part of all this looting. I am so angry and disgusted at this shameless family.

Dirty Scoundrels

I am thinking that properties are repossessed for non-payment of collateral, they seize the properties of the debtors and Cecilia has first hand of the information. immediately, she is aware that it's in a prime location in Nigeria, she buys it a at an extremely under-valued amount. She is nothing but a common greed pig who is acquiring for her children who must have been educated at the best educational institution and are still lazy to go out and do a proper earnest days job. The funny thing is such children of these people walk around with pride in their stride like their parents and them earned every penny through persistent hardwork. Now we know that they are as dirty as the phlegm on the floor.

shittttttttttttt

There many more of cecelia out there dat we can't count in nigeria. only if nigeria can borrow & start practicing the chinese culture, if cut wit public fund,then we hv a long way 2 go.

Damn!!!!!!

Oh Lord, she damn near owned the whole city of Maryland. Damn that family is greedy!!

God sees them all

God sees all of them. They only preach give and sow nowadays and Matthew 23:23 is overlooked. All about the prayers are about money and wealth overlooking love, mercy and justice. God that made the eyes sees them all.

Cecilia the BRUTE

Nigeria is a barge of DISHONOUR. Nothing to be proud of. People bestowed with Public Trust and sensitive responsibilities, betray such trust with IMPUNITY, REGARDLESS. SOLUTION: SPLIT Nigeria to save in-coming generations. The Corruption Scourge is a vicious cycle- pervading, recycling phenomena with no panacea in sight. SPLIT Nigeria for the varying entities to start anew, a re-birth with new codes of conduct and a fewer population to match. 158.2 million people with INDELLIBLE Smear and marks of wear and tear caused by Decades of Corruption and Dysfunctionality as a result of weak, Immoral and debased rulership since 1960, is enough reason to Split and Stitch up the would-be entities.Cecilia Ibru, Olabode George are supposed to be role-models. They think about themselves, and NOT about the Collective Good of all. The People who have dragged Nigeria into Commatose are mostly over sixties-Obasanjo, olabode george, cecilia Ibru, Babangida, Danjuma, Atiku, Dikko, Saraki, David Mark, Buhari, Ciroma; etc. SUDAN Experiment is the best bet to re-brand the psyche of the rest of us.

Nigeria Corruption - History

Only in Nigeria stuff like this happens! If you would go back in history on how IBRU got her wealth, you would find a connection to the former Minister of Finance - Okotie Eboh. So thief breeds thief my friend. So corruption started way back in Nigeria.

This is terribly unbelievable

Wonders will surely never end in Nigeria. Terribly unbelievable. Thanks for the entire banking reformation by Sanusi. Definitely, Soludo should be deeply investigated. 6 months jail for 150 Billion = A month in jail for 25 Billion.(Another wonder that will never seize in Nigeria). What a fuck. The higher you thief, the lesser your jail term - economics of corruption in nigeria?

Cecilia

Cecilia, I strongly believes you a jezebel, and not a child of God, I dont know what the G.O. of your church will be thinking now, am sure you used to donate million to them and they too bless you. Any money brought to God's house in an unclean way will not be honor by God and sooner or later be desolate.
You are a disgrace to the gospel,may be your G.O never tell you not to store treasure on earth but in heaven and that you strife for daily bread .
Stealing public money to feed the church of God , you have no reward.
Repent and let your so called super facial church repent for receiving gifts from you

Why six months?...Dont you

Why six months?...Dont you think she deserves to spend all her life time in jail.
If it were in China; she wouldnt have escape execution by hanging.
Even in civilize UK & the USA she would have not excape life inprisonment.
The Nigeria judiciary is far more corrupt than the Nigerian Police.
What a shame!!!!
Bode George, Ibory, Cecilia Ibru,.....

WHO IS FOOLING WHO?

If a total sum of One hundred and fifty (N150)billion Naira was recovered or seized from 'Thief (Mrs) Cecelia Ibru (dont mind the disgrace this daughter of Eve has brought to the seemingly good family)since October, 2010, why cant the CBN put this money back to Oceanic Bank Business and let the Bank come alive again instead of contemplating outright sale of the bank. Sanusi should remember that Oceanic Bank belong to all the Shareholders but not Thief Cecelia Ibru alone. I learnt the husband of her youth has divorced her for the disgrace she brought to him by her dubious transactions. Hmmmmm! so the husband was not even privy to all the atrocities. W.O.M.A.N.

This northerners again!

This northerners again!

DISGRACED CECILIA IBRU

Nigeria, a Country where God is put first only in words, but not in DEED, speaks volume of this round-faced Jezebel who was always(and even in Prison) carrying about the Bible, claiming to be "holier than thou" champion, while evil, wickedness and avarice remained her PORTIONS. The regime of Olusegun Obasanjo not only made monsters and mammons but also, VULTURES of despicable dimensions.

Nigerian Banking Sector

I just want to ask this forum if Nigerian Banking sector is safe going by this report. How can one woman commit such crime against humanity. Are you sure other banks are not controlled by people with the same DNA in their blood?

This woman should be sent to the cooler to serve as a deterrent to potential pen robbers.
Central Bank should set monitoring team to check all banks and their operational efficiency and compliance to global banking policies.

Most Bank outside Nigeria do not charge money for ATM Withdrawal but in most of the third generation banks in Nigeria if you even go closer to the ATM machine, insert your card without any withdrawal, you will be surcharge. Sometimes they give you a print out receipt for a withdrawal that you have not make and credit you account.

If you ask, they will tell you it is Computer.
Is our computer different from what is used outside Nigeria in other countries?

This fraud must stop in Nigeria or else the Tunisia experiment will be implemented fully in every sector of our economy for total cleansing.!!!

On Cecelia Ibru....

This is a clear case of hpyer-kleptomania....is there anything like that? I dont think english language ever contemplated a human being going to this extent,so no such word was invented! Cecelia should have been sent to a mental asylum to cool down before prison....But who is this woman's husband? Did she run him out of town? I never hear of his name...

ole ole

You are a disgrace to your family and to female race.where are u taking all these loot to?heaven or hell?i think hell.

@cecilia

The judge(sorry, judiciary or may be the whole system is currupt) for God's sake Just 6months for allof these? then something is wrong somewhere.

@cecilia

The judge(sorry, judiciary or may be the whole system is currupt) for God's sake Just 6months for allof these? then something is wrong somewhere.

THE WHOLE OF THE IBRU CLAN

THE WHOLE OF THE IBRU CLAN SHOULD BE WIPED OFF THE SURFACE OF PLANET EARTH !!! PERIOD.

Nonsense what a foolish and corrupt Judge

The Judge that delivered this injustice is crazy, the Judge should be jailed for life for this kind if menial warning and not punishment. No sensible and incorruptible Judge will refer to this as a presidence in the future. Corrupt Court corrupt justice.

Hardwork

@ Cecila; work hard and you can get all of these. Is Mike Adenuga not a Nigerian?

too bad

the all people that sit in front of church make large donation with stolen money,their acts have cause many their lives and job , funny enough they give then awards with proper investigation thanks to Sanusi our able central bank governor