Dr Akintoye Akindele Arraigned In Court Over Allegations Of Bribery, Theft, And Embezzlement

Date: 04-12-2023 9:06 am (2 months ago) | Author: Bayo Nelson
- at 4-12-2023 09:06 AM (2 months ago)

A Lagos State businessman and investor, Dr Akintoye Akindele has been charged to court over allegations of bribery, theft, and embezzlement. The philanthropist is accused of deceit and exploitation by defrauding investors and partners. He was first arraigned in August 2023 and the case is set to proceed to the FCT High Court on December 6, 2023. In August, he was arraigned on one count bordering on bribery. The suit numbered CR/595/2023, had the Acting Inspector General of Police Kayode Egbetokun as the Plaintiff/Applicant.

According to the police prosecution team, the defendant allegedly offered to bribe policemen investigating a case of fund diversion brought against him.Investors alleged to have fallen victim to the accused are calling for justice as they look forward to the Dec. 6 hearing.

"This date marks a crucial juncture in the quest for justice, where the allegations will be scrutinized in a court of law," a statement reacting to the coming hearing reads. The statement adds that: "Reputable institutions who tend to shy away from public feuds or legal wranglings, such as Norsad Capital, were compelled to place Akindele's Platform Capital into receivership due to a default on a $10 million loan."

It further stated: "The allegations against Akindele paint a picture of a disturbing pattern of deceit and exploitation. Accusations of stealing from individuals, defrauding his own company, and cheating others out of substantial sums suggest a complete lack of ethical conduct. If proven true, these actions could irreparably damage Akindele's reputation and have far-reaching consequences for those entangled in his web of deception.

"As the Akintoye Akindele bribery case continues to capture headlines, the eyes of the Nigerian public and the investment community remain fixed on the upcoming court proceedings. The December 6th court date will potentially bring an end to Akindele's alleged 20-year career of deceit and exploitation. The outcome of this case has the power to reshape perceptions of ethical conduct within the business community and serve as a warning against those who seek to undermine trust for personal gain."

Posted: at 4-12-2023 09:06 AM (2 months ago) | Addicted Hero


  1. Interpol, Police Freeze Account, Drag Abimbola Odupaye To Court For Alleged N457m Fraud

  2. BREAKING: Nationwide Protest Begins In Lagos Despite Police Warning

  3. Actor, Kunle Afolayan Dragged As ‘Inappropriate’ Dance Video With Daughter Goes Viral

  4. Nkechi Blessing Replies Those Criticising Her For Dating Only ‘Small Boys’, Shares Loved Up Vid

  5. Lady Causes Uproar After Showing Off Food Items Received From Her Mother For Content Amid Econo

  6. Nigerian Skit Maker, Peller Splashes Millions Of Naira On Mercedes Benz SUV

  7. Hardship: 'You Can’t Perform Magic, Stop Praising Buhari' – Ex Ekiti Gov. Fayose Tells Tinubu

  8. 'You Take Long To Release A Mere Single, Yet Claiming To Be Gifted' –Critic Slams Simi

  9. Lateef Adedimeji Reacts After Kizz Daniel Describes As His Favourite Actor

  10. Nnamdi Kanu Enlists New Legal Team For Defense in Terrorism Charges

  11. VID: Nigeria Is Getting Harder - Speed Darlington Laments After Buying A Plate Of Food For N10K

  12. “A National Epidemic” — Peter Obi Reacts As Seven Die Over 25kg Rice At Customs

  13. "We’ll Not Rest Until We Bring Succour To Nigerians" – President Tinubu Assures

  14. Seyi Vibez Stirs Reaction After He Yanks Off Musician From Bio, Replaces It With Gov't Official

  15. UPDATE: Bakers Set To Commence Nationwide Strike

  16. Critic, Daniel Regha Laments How He Gets Death Threats For On His Social Media Comments

  17. “I’m Not A Troll, I Only Give Personal Opinions” – Daniel Regha Speaks During Interview

  18. EFCC, Olukoyede Reveals How Over N60b, $10m Loot Was Recovered In Less Than 4 Months

  19. Economic Hardship: ‘I Want To Go Back To Biggie’s House’ – BBN Ex Housemate, Chizzy Cries Out

  1. Controversy Unraveled: Woman Who Left Boyfriend At Omah Lay's Concert Breaks Silence

  2. Kai Cenat Grants Support To Young Man After Girlfriend's On-stage Affair With Omah Lay

  3. "I Have Slept With 67 Women" – Kizz Daniel Reveals Intimate Details In Candid Fan Interaction

  4. Ghanaian Lady Heartbroken After Travelling To Nigeria To Discover Her Supposed Beau Is 13years

  5. Woman, Delphine Ngigi Collapses & Dies Three Days After Arriving In Canada

  6. Man Who Dumped Girlfriend After She Sponsored Him Abroad Returns Three Years Later To Beg Her

  7. “I Caught A Nak3d Lady In My Boyfriend’s Bed” – Actress, Chioma Okoli Opens Up On Heartbreak

  8. Clergywoman Advises Women To Inspect Potential Partner's Pen!s Before Marriage (Video)

  9. Presidential Guards Brigade Placed On High Alert Over Suspicions Of Coup Plot In Nigeria

  10. Lagos-Based Businessman, Stephen Okafor On The Run After Beating His Wife To Death In Lagos