The Economic and Financial Crimes Commission (EFCC) on Wednesday re-arraigned a former Managing Director of the defunct Intercontinental Bank PLC, Erastus Akingbola in a Federal High Court in Lagos, on alleged Money Laundering charges.
He is charged by the EFCC with amended 22 count charge bordering on the offence.
Erastus Akingbola had pleaded not guilty to the charges.
When the case was called on Wednesday, the prosecutor Mr Rotimi Jacobs (SAN) informed the court of an amended charge filed by prosecution.
He urged the court to accept the charge and cause the plea of the defendant to be taken afresh.
Akingbola pleaded not guilty to the charges, on his re-arraignment, and after his plea was taken, trial continued.
[…] Akingbola is standing trial on an amended 22-count charge bordering on abuse of office, conversion of funds belonging to Intercontinental Bank Plc, and stealing. Read more about the nature of his alleged crimes here […]
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