Thursday 5 May 2016

Emasculation of Igbo Businesses: Buhari goes after Ibeto Group. Freezes his account

Emasculation of Igbo Businesses: Buhari goes after Ibeto. Freezes his account
Few days ago, The Biafran reported that there is an active of the Hausa-Fulani Oligarchy to crumble all Igbo Businesses across Nigeria. This is in attempt to render Igbo and the Biafran protect economically useless. Using the recent takeover of the Fidelity, one of the leading Igbo banks in Nigeria, The Biafran opined that other major Igbo businesses will be targeted. 



In that report, The Biafran stated: "Fidelity is apparently the first major Igbo business outfit they are going after. Others will follow same pattern. EFCC or the DSS will be used to bring up a trump up charge against the business outfit, and the management will be forced to succumb to the terms of the Hausa-Fulani oligarchs or allowed to crumble. This was the same procedure that was used to kill virtually every industry in the South East during the military era."


Today it has emerged that General Muhammadu Buhari has sent his attack dogs, Economic and Financial Crimes Commission (EFCC) to go after another Igbo Businessman, Cletus Ibeto. Ibeto is one of the foremost Igbo billionaire businessman and head of The Ibeto Group, tat is in stiff competition with Aliko Dangote in the cement production.  

According to the Signal,  Ibeto has been invited by the Economic and Financial Crimes Commission, EFCC over his alleged role in arms procurement deals. Sources familiar with the development told SIGNAL Wednesday night that bank accounts belonging to the business mogul who presides over one of Africa’s largest business enterprises have also been frozen by the EFCC.

"Efforts by our reporter to reach Wilson Uwujaren, the spokesperson of the EFCC proved abortive at the time of filing this report."

Buhari is slowing going after Igbo business, which he believes in his warped mind might be potential funders of the Biafran restoration project. Others are going to be picked up or crumbled one after the other.

It should be recalled that there is active plot of the Northern Oligarchy to crumble Igbo businesses, in order to subjugate Biafrans. These have manifested in the harsh government policies and bulldozing of Igbo shops in Lagos and the setting on fire of many Igbo shops in markets in northern Nigeria.



During the conversation, the Alhaji revealed that this plan to ‘destroy the Igbos (which means anybody from the South East or South South)’ is central to the strategy of the All Progressives Congress. He also reveals that former Governor Tunde Fashola, of the APC, used the last four years of his tenure in office to execute this plot to destroy the business base of the “Igbos”. He also revealed that the plot includes arson against the markets dominated by “Igbos” in Lagos and denying “Igbos” business licences, even though they qualify for them.

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