The Economic and Financial Crimes Commission in Nigeria has declared Mr Goodie Ibru wanted for various offences.

A publication on the anti-graft agency’s website by its spokesman, Wilson Uwujarem, says Mr Ibru is wanted in connection with a case of conspiracy, capital market fraud, stealing, diversion and money laundering.

The EFCC said: “He allegedly diverted billions of Naira and assets of Ikeja Hotels Plc, owners of Sheraton Hotel, Lagos, Federal Palace Hotel and Capital Hotel and owners of Sheraton Hotel, Abuja to his personal benefits.

Mr Ibru, 74, is a native of Agbara-Otoh in Delta State, southern Nigeria.