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Tag Archives: Cecilia Ibru

Senate faults sale of Ibru’s property despite owing N16.1m

The Senate on Monday expressed dissatisfaction with sale of the confiscated property of the Managing Director of the then Oceanic Bank Plc, Cecilia Ibru, by the Asset Management Corporation of Nigeria.   The Senate said the procedure was not open. This was even as AMCON disclosed that Ibru was still owing about N16.1 billion. The Senate Committee on Drugs, Narcotics, ...

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