That Chief (Mrs.) Cecilia Ibru is no longer active in the banking sector is stale news. However, we can tell you for free that the former MD/CEO of Oceanic Bank is not a very happy woman at 70. Insiders at the Economic and Financial Crimes Commission (EFCC) squealed to us that the former iron lady of banking in Nigeria forfeited 130 houses and shares in over 100 companies to the federal government of Nigeria when she was detained and charged to court over alleged financial recklessness at the defunct Oceanic Bank. Our sources disclosed that she went into plea bargain with the EFCC to avoid going to prison. The wife of Olorogun Michael Ibru has since retired from the corporate world and now spends her time between Lagos and Agbara-Otor, her matrimonial home in Delta State.
