But unlike their mother, the sons resigned their appointment.
Cecelia Ibru was booted out of office- along with four other bank chiefs- for charges bothering on mismanagement of funds to the point of mind boggling criminality.
She was arrested, prosecuted for financial crimes by anti graft agency, Economic and Financial Crimes Commission (E.F.C.C). The court found her guilty and sentenced her.
She got a reprieve for a reduced jail term via plea bargaining that resulted in the forfeiture of billions of Naira assets.
All the while their mother was going through this trying time- the sons retained their employment at the financial institution.
They however maintained a very low profile-especially party animal, Obaro.
Investigations revealed that the off the public radar move and quiet disengagement months after their mother was booted out of office was strategic.
‘the idea was not to draw attention to themselves and avoid linking the move to their mother’s predicament’ a source explained.
Informants divulged that though with their exit, no member of the Ibru family is now actively engaged in running the business- the clan still retains twenty percent shares in the financial institution.
It is not clear what step Obaro and Oboden intend to take next, as regards employment.
However as regards former bank chief, Cecilia Ibru the word on the street is that she is presently holed up in Abuja- after reportedly returning from a medical trip from the United States at America.
She was said to have wrangled her way out of prison and travelled abroad on health grounds.
The bank she mismanaged is on the verge of being acquired by another financial institution, Ecobank.
Culled from http://societynowng.com
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