Cecilia Ibru convicted of Fraud, to pay back $1 billion

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