{"id":418163,"date":"2011-05-05T17:49:46","date_gmt":"2011-05-05T17:49:46","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/"},"modified":"2011-05-05T17:49:46","modified_gmt":"2011-05-05T17:49:46","slug":"efcc-files-29-count-charge-against-akingbola-wife-associate","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/","title":{"rendered":"EFCC files 29 count charge against Akingbola, wife, associate"},"content":{"rendered":"
\n

\u2026over alleged N47bn scam<\/p>\n

By EMMAN OVUAKPORIE<\/strong><\/p>\n

ABUJA -THE Economic and Financial Crimes Commission, EFCC, Thursday filed a 28 count charge against former Managing Director of Intercontinental Bank PLc, Erastus Akingbola, his wife Anthonia and a long time family friend Mr Bayo Dada over alleged N47billion scam bordering on Money Laundering and other sundry offences.<\/p>\n

The commission relied on Section 390[7] Criminal Code Cap of Lagos Laws of 2003 to file the case against the trio in a Lagos High Court in the Ikeja Division.<\/p>\n

The First count read thus that you Akingbola\u00a0 sometime in March 2009 stole the sum of eight million, five hundred and forty thousand , one hundred and thirty eight pounds forty eight pence(#8,540, 138.48,) property of Intercontinental Bank PLc, fraudulently converting it to your personal use.<\/p>\n

The second count also read that you Akingbola sometime in June 2009 stole N2000million property of Intercontinental Bank Plc, converting it to the property of Tropics Property a company, which you are a director.<\/p>\n

The third count read: you Akingbola as CEO of Intercontinental Bank PLc sometime in March 2009 stole the sum of N2 billion, 108million,one hundred and thirty five thousand , four hundred and eighty four sixty kobo, property of Intercontinental Bank PLc fraudulently converting it to your personal use.<\/p>\n

The anti-graft body had, Tuesday, detained the embattled former MD and other nine bank chiefs but were granted administrative bail by the commission but fresh charges were made against them bordering on Money Laundering.<\/p>\n

The prominent ones\u00a0 among them were Akingbola, Sebastine Adigwe, former CEO of Afribank and Okey Nwosu of FinBank Plc and the others that were not named.<\/p>\n

The trio of Akingbola, Adigwe and Nwosu, eight other ex-executive directors were interrogated over fresh information of stealing depositors funds while they held sway at the named banks.<\/p>\n<\/div>\n

Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n

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\nEFCC files 29 count charge against Akingbola, wife, associate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2026over alleged N47bn scam By EMMAN OVUAKPORIE ABUJA -THE Economic and Financial Crimes Commission, EFCC, Thursday filed a 28 count charge against former Managing Director of Intercontinental Bank PLc, Erastus Akingbola, his wife Anthonia and a long time family friend Mr Bayo Dada over alleged N47billion scam bordering on Money Laundering and other sundry offences. The commission relied on Section 390[7] Criminal Code Cap of Lagos Laws of 2003 to file the case against the trio in a Lagos High Court in the Ikeja Division. The First count read thus that you Akingbola\u00a0 sometime in March 2009 stole the sum of eight million, five hundred and forty thousand , one hundred and thirty eight pounds forty eight pence(#8,540, 138.48,) property of Intercontinental Bank PLc, fraudulently converting it to your personal use. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-418163","post","type-post","status-publish","format-standard"],"yoast_head":"\nEFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"EFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"\u2026over alleged N47bn scam By EMMAN OVUAKPORIE ABUJA -THE Economic and Financial Crimes Commission, EFCC, Thursday filed a 28 count charge against former Managing Director of Intercontinental Bank PLc, Erastus Akingbola, his wife Anthonia and a long time family friend Mr Bayo Dada over alleged N47billion scam bordering on Money Laundering and other sundry offences. The commission relied on Section 390[7] Criminal Code Cap of Lagos Laws of 2003 to file the case against the trio in a Lagos High Court in the Ikeja Division. The First count read thus that you Akingbola\u00a0 sometime in March 2009 stole the sum of eight million, five hundred and forty thousand , one hundred and thirty eight pounds forty eight pence(#8,540, 138.48,) property of Intercontinental Bank PLc, fraudulently converting it to your personal use.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"EFCC files 29 count charge against Akingbola, wife, associate\",\"datePublished\":\"2011-05-05T17:49:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\"},\"wordCount\":327,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\",\"name\":\"EFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-05-05T17:49:46+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/","twitter_card":"summary_large_image","twitter_title":"EFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com","twitter_description":"\u2026over alleged N47bn scam By EMMAN OVUAKPORIE ABUJA -THE Economic and Financial Crimes Commission, EFCC, Thursday filed a 28 count charge against former Managing Director of Intercontinental Bank PLc, Erastus Akingbola, his wife Anthonia and a long time family friend Mr Bayo Dada over alleged N47billion scam bordering on Money Laundering and other sundry offences. 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The First count read thus that you Akingbola\u00a0 sometime in March 2009 stole the sum of eight million, five hundred and forty thousand , one hundred and thirty eight pounds forty eight pence(#8,540, 138.48,) property of Intercontinental Bank PLc, fraudulently converting it to your personal use.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/"},"author":{"name":"","@id":""},"headline":"EFCC files 29 count charge against Akingbola, wife, associate","datePublished":"2011-05-05T17:49:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/"},"wordCount":327,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/","url":"https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/","name":"EFCC files 29 count charge against Akingbola, wife, associate - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-05-05T17:49:46+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/05\/05\/efcc-files-29-count-charge-against-akingbola-wife-associate\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/418163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=418163"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/418163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=418163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=418163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=418163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}