Business Mogul Goodie Minabo Ibru Declared Wanted By EFCC For Alleged Fraud

The Economic and Financial Crimes Commission (EFCC) has declared wanted billionaire businessman Goodie Minabo Ibru for alleged capital marker fraud, money laundering, and other fraud related offences.

The EFCC said in a statement on Wednesday:

The public is hereby notified that Goodie Minabo Ibru, whose photograph appears above is wanted by the Economic and Financial Crimes Commission in connection with a case of conspiracy, Capital Market fraud, Stealing, diversion of funds, and money laundering.

He allegedly diverted billions of naira and assets of Ikeja Hotels Plc, owners of Sheraton Hotel, Lagos, Federal Palace Hotel and Capital Hotel, owners of Sheraton Hotel, Abuja to his personal benefit.

The 74-year-old Ibru is 5’11 ft, dark in complexion and a native of Agbara-Otoh, Delta state. He speaks English, Yoruba and Urhobo fluently. His last known address is No 5 Ogalade close, Victoria Island/Sheraton, Ikeja Lagos.

Anybody having useful information as to his whereabouts should contact the commission through any of its offices located at Abuja, Kano, Gombe, Lagos, Ibadan, Maiduguri, Enugu and Port Harcourt.