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Wednesday, May 04, 2011

EFCC arrests Akingbola over fresh N47.1bn case

EFCC arrests Akingbola over fresh N47.1bn case
The Economic and Financial Crimes Commission on Tuesday arrested the former Chief Executive Officer, Intercontinental Bank Plc, Dr. Erastus Akingbola, over fresh N47.1bn money laundering charges.

The embattled former bank chief was arrested in Lagos by operatives of the commission and will be arraigned at a Lagos High Court on Wednesday (today) on a 29-count charge.

Also arrested are the former Managing Director, Afribank, Mr. Sebastine Adigwe, and his Finbank counterpart, Mr. Okey Nwosu. Eight former directors of the three banks were arrested too.
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1 comment:

  1. Unknown5/04/2011 09:22:00 am

    Offender must not go unpunished, Is good they must vomit all which they 've swallowed. more so this will serve as a threat to upcoming money launderers

    ReplyDelete

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