The Economic and Financial Crimes Commission has filed 11 counts of fraud against the former Chairman of Ikeja Hotels Plc, Mr. Goodie Ibru, for allegedly defrauding the hotel to the tune of N1bn.

A copy of the charge sheet, numbered LD/117C/2015, was filed before Justice Raliatu Adebiyi of the Lagos Division of the Lagos State High Court. Ibru was charged alongside three other corporate organisations, including Associated Ventures International Limited, IHL Services Limited and Clearview Investment Limited.

The alleged offence was said to have been committed between January and December 2010.