N47.1 Billion Theft: Court Dismisses Charges Against Akingbola

at 06:44 PM, 2/04/2012 (6 years ago)
(16 | Newbie) Online (m)
According to pointblank news, i jut read that the a Federal High Court in Lagos has dismissed the criminal charges against a former managing director of Intercontinental Bank, Erastus Akingbola for lack of diligent prosecution.


Akingbola was arraigned by the Economic and Financial Crimes Commission for allegedly stealing N47.1b from the bank.

Akingbola was standing trial alongside one of his associates, Mr. Bayo Dada, over alleged stealing of N47.1 billion brought against them by the EFCC had claimed, through his lawyer, Chief Felix Fagboungbe, SAN, that unless they were provided with original of the documents in the office of Tropics Finance Limited (where Akingbola reportedly have interest), he would not be able to prosecute his defence.

what is your opinion about Nigeria judiciary and the fight against corruption ?

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