A Federal High Court in Lagos yesterday
discharged the former Executive Vice Chairman and Chief Executive
Officer of Intercontinental Bank Plc, Dr. Erastus Akingbola, of the
26-count charge of money laundering brought against him by the EFCC.
The presiding judge said he discharged the case because of the 'incompetence of the prosecution team'
EFCC plans to file fresh charges against the former bank chief.
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