Court Dismisses Criminal Charges Against Former Intercontinental Bank CEO, Dr Akingbola


FORMER Managing Director and Chief Executive Officer (CEO) of the Intercontinental Bank Plc (now Access bank) Dr Erastus Akingbola on Monday secured a major judicial victory in his ongoing trial at the Federal High Court, Lagos over financial impropriety as the court discharged him of the 26 -count amended charges preferred against him by the Federal Government.

Apart from discharging him of the charges, the court also dismissed the charges and barred the prosecution from appearing before the court or another judge of the Federal High court over the matter on what the court termed 'serious and professional incompetent' of the prosecution team made up of 5 (five) Senior Advocates of Nigeria.

In a dramatic turn of event at Courtroom 7, the venue of the proceedings, the trial Judge, Justice Charles Archibong directed the Attorney General of the Federation (AGF) and Minister of Justice, Mohammed Adoke (SAN) to disband /sack/debrief the present prosecution team, comprising of five SANs and their respective firms from handling the matter for serious abuse of court process and incompetent in their prosecution of the charges against Akingbola.

According to the judge, the prosecution team are 'a drain in the public purse, a fact the AGF should be mindful of now if he was not before'.

This is how we roll in Naija.