Vero RecordArchive

Anti-corruption and elections / EFCC

How Loans Granted Saraki by Erastus Akingbola Were Waived- Witness

The trial of a former Managing Director of the defunct Intercontinental Bank, Erastus Akingbola, continued on April 4, 2019, before Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos with a prosecution witness, Abdulraheem Jimoh, a former Chief Inspector with the bank, revealing how loans granted by the defendant to certain individuals and companies were waived. The defendant was arraigned on an amended 22-count charge bordering on abuse of office, conversion of funds belonging to Intercontinental Bank and stealing. Jimoh, while being further cross-examined by Wole O…

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