The operatives of the Economic and Financial Crimes Commission, EFCC, on Monday sealed a multi-billion naira hotel located along Dozie way junction at Ihie Ndume in Umuahia, Abia State.
The hotel, known as Ice Grand Hotels-suites, is said to be belonging to one Kelechi, a Dubai-based businessman.
The property is being investigated for alleged financial fraud.
“This is under investigation”, EFCC wrote in an inscription on the fence of the hotel.
The commission is yet to issue any official statement with regards to the development.