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The Lagos Division of the Court of Appeal has adjourned till September 19, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto, challenging the jurisdiction of Lagos State High Court in Ikeja to try him over an alleged N4.8 billion fraud.<\/p>\n

The appellate court presided over by Justice Muhammed Mustapha adjourned the appeal to await the report of ongoing negotiations between the Economic and Financial Crimes Commission (EFCC) and the defendant.<\/p>\n

Justice Ismail Ijelu had ordered the businessman\u2019s arrest after he failed to appear before the court on many occasions to take his plea over the alleged fraud case despite repeated hearing notices served on him.<\/p>\n

The anti-graft agency had charged the defendant alongside his companies, Ibeto Energy Development Company and Odoh Holdings Ltd, on a 10-count charge of conspiracy, fraud, forgery and fraudulent use of documents.<\/p>\n

However, dissatisfied with the order and the refusal of the court to hear his preliminary objection, the defendant filed an appeal before the Appeal Court, formulating seven grounds for appeal.<\/p>\n

Also, during Tuesday\u2019s proceeding, Justice Mustapha and other panel members, Abdullahi Mahmud Bayero and Paul Bassi, suspended the enforcement of the bench warrant issued on November 3, 2023, against Ibeto by Justice Ismail Ijelu.<\/p>\n

The justices suspended the warrant after Ibeto\u2019s lawyer, Chief Wole Olanipekun and the EFCC\u2019s counsel, Adebisi Adeniyi, informed the court that the parties are in the process of settling the matter and that the appellant has refunded about N1.7 billion to the Commission.<\/p>\n

When the case was called, Adeniyi informed the court that the appellant had been making payment in line with the settlement proposal, so the EFCC felt that going ahead with the appeal might not be appropriate.<\/p>\n

He also told the court that the matter had started de novo before another lower court judge and the EFCC felt that the appeal had become academic and as such, the anti-graft agency had filed an affidavit showing the settlement and all that has transpired in the case so far.<\/p>\n

Responding, Chief Olanipekun confirmed that the parties are settling the matter in line with a Rivers State High Court judgment.<\/p>\n

He, however, urged the court to set aside the bench warrant against his client.<\/p>\n

In a short ruling, Justice Mustapha suspended the enforcement of the order as the warrant of arrest cannot continue to hang over the defendant\u2019s head since he has started settling the matter out of court.<\/p>\n

He, therefore, held, \u201cThe bench warrant is now suspended and we encourage parties to continue with the negotiations until the next adjourned date of September 16.\u201d<\/p>\n

The appellant, through his lawyer, Chief Wole Olanipekun, argued that his appeal raised the issue of constitutional territorial jurisdiction and that it is of such a threshold nature that it demands to be heard and determined before his client can be prosecuted.<\/p>\n

He also contended that his client\u2019s presence in court and his arraignment are not mandatory or preconditions for the hearing of a preliminary objection touching on the court\u2019s jurisdiction, which was already ripe for adjudication.<\/p>\n

The appellant, therefore, asked the Court Appeal to set aside or vacate the warrant of arrest and also strike out the suit before the lower court.<\/p>\n

Appeal Court suspends hearing on bench warrant orders against Ibeto<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Lagos Division of the Court of Appeal has adjourned till September 19, the hearing of the appeal filed by…<\/p>\n","protected":false},"author":1,"featured_media":30904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4184,6178,15],"tags":[306,135,4917,180],"class_list":["post-30903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-appeal-court","category-ibeto","category-news","tag-appeal","tag-court","tag-ibeto","tag-news"],"yoast_head":"\n