{"id":420774,"date":"2011-06-10T23:43:14","date_gmt":"2011-06-10T23:43:14","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/"},"modified":"2011-06-10T23:43:14","modified_gmt":"2011-06-10T23:43:14","slug":"court-adjourns-rulings-on-akingbola-dada","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/","title":{"rendered":"Court adjourns rulings on Akingbola, Dada"},"content":{"rendered":"
\n

By INNOCENT ANABA<\/p>\n

A Federal High Court sitting in Lagos, yesterday, adjourned till June 14, to rule\u00a0 on the suit filed by the former Managing Director of Intercontinental Bank, Erastus Akingbola and an erstwhile Executive Director of the bank, Bayo Dada challenging the planned sale of their former bank to Access Bank Plc.<\/p>\n

\"\"<\/p>\n

Mr Eratus Akingbola, former Manaiging Director of Intercontinental Bank Plc, and security officers, leaving the court after the hearing of the case between him and EFCC on Monday 06-06-2011 at the Ikeja High Court, Lagos PHOTO; Bunmi Azeez<\/p>\n<\/div>\n

Similarly, another Federal High Court, also adjourned till June 21, to rule on the suit by the former Managing Director of Finbank, Okey Nwosu and an erstwhile Executive Director of the bank, Dayo Famoroti, in which they\u00a0 are challenging plans by the CBN to sell their former bank to First City Monument Bank, FCMB.<\/p>\n

In the Intercontinental bank suit, trial judge in the matter, Justice Okechukwu Okeke adjourned the matter, after parties argued and adopted their written submissions on the preliminary objections filed by the defendants.<\/p>\n

Akingbola and Dada are challenging the propriety of a purported Memorandum of Understanding, MoU, for business combination signed by Intercontinental Bank and Access Bank without recourse to them as shareholders and members of the bank (Intercontinental).<\/p>\n

Defendants in the\u00a0 suit are Intercontinental Bank, its Managing Director, Mahmoud Lai Alabi and other directors, Abubakar Sule, Gbenga Alade, Olusegun Osilowo, Suleiman Yusuf, the Central Bank of Nigeria, CBN, among others.<\/p>\n<\/div>\n

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

Here is the original post:
\nCourt adjourns rulings on Akingbola, Dada<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By INNOCENT ANABA A Federal High Court sitting in Lagos, yesterday, adjourned till June 14, to rule\u00a0 on the suit filed by the former Managing Director of Intercontinental Bank, Erastus Akingbola and an erstwhile Executive Director of the bank, Bayo Dada challenging the planned sale of their former bank to Access Bank Plc. Mr Eratus Akingbola, former Manaiging Director of Intercontinental Bank Plc, and security officers, leaving the court after the hearing of the case between him and EFCC on Monday 06-06-2011 at the Ikeja High Court, Lagos PHOTO; Bunmi Azeez Similarly, another Federal High Court, also adjourned till June 21, to rule on the suit by the former Managing Director of Finbank, Okey Nwosu and an erstwhile Executive Director of the bank, Dayo Famoroti, in which they\u00a0 are challenging plans by the CBN to sell their former bank to First City Monument Bank, FCMB. In the Intercontinental bank suit, trial judge in the matter, Justice Okechukwu Okeke adjourned the matter, after parties argued and adopted their written submissions on the preliminary objections filed by the defendants<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-420774","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"yoast_head":"\nCourt adjourns rulings on Akingbola, Dada - 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\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Court adjourns rulings on Akingbola, Dada - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"By INNOCENT ANABA A Federal High Court sitting in Lagos, yesterday, adjourned till June 14, to rule\u00a0 on the suit filed by the former Managing Director of Intercontinental Bank, Erastus Akingbola and an erstwhile Executive Director of the bank, Bayo Dada challenging the planned sale of their former bank to Access Bank Plc. Mr Eratus Akingbola, former Manaiging Director of Intercontinental Bank Plc, and security officers, leaving the court after the hearing of the case between him and EFCC on Monday 06-06-2011 at the Ikeja High Court, Lagos PHOTO; Bunmi Azeez Similarly, another Federal High Court, also adjourned till June 21, to rule on the suit by the former Managing Director of Finbank, Okey Nwosu and an erstwhile Executive Director of the bank, Dayo Famoroti, in which they\u00a0 are challenging plans by the CBN to sell their former bank to First City Monument Bank, FCMB. In the Intercontinental bank suit, trial judge in the matter, Justice Okechukwu Okeke adjourned the matter, after parties argued and adopted their written submissions on the preliminary objections filed by the defendants\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Court adjourns rulings on Akingbola, Dada\",\"datePublished\":\"2011-06-10T23:43:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\"},\"wordCount\":270,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\",\"name\":\"Court adjourns rulings on Akingbola, Dada - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg\",\"datePublished\":\"2011-06-10T23:43:14+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage\",\"url\":\"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg\",\"contentUrl\":\"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg\"},{\"@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":"Court adjourns rulings on Akingbola, Dada - 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\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/","twitter_card":"summary_large_image","twitter_title":"Court adjourns rulings on Akingbola, Dada - Ghanamma.com","twitter_description":"By INNOCENT ANABA A Federal High Court sitting in Lagos, yesterday, adjourned till June 14, to rule\u00a0 on the suit filed by the former Managing Director of Intercontinental Bank, Erastus Akingbola and an erstwhile Executive Director of the bank, Bayo Dada challenging the planned sale of their former bank to Access Bank Plc. Mr Eratus Akingbola, former Manaiging Director of Intercontinental Bank Plc, and security officers, leaving the court after the hearing of the case between him and EFCC on Monday 06-06-2011 at the Ikeja High Court, Lagos PHOTO; Bunmi Azeez Similarly, another Federal High Court, also adjourned till June 21, to rule on the suit by the former Managing Director of Finbank, Okey Nwosu and an erstwhile Executive Director of the bank, Dayo Famoroti, in which they\u00a0 are challenging plans by the CBN to sell their former bank to First City Monument Bank, FCMB. In the Intercontinental bank suit, trial judge in the matter, Justice Okechukwu Okeke adjourned the matter, after parties argued and adopted their written submissions on the preliminary objections filed by the defendants","twitter_image":"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/"},"author":{"name":"","@id":""},"headline":"Court adjourns rulings on Akingbola, Dada","datePublished":"2011-06-10T23:43:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/"},"wordCount":270,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage"},"thumbnailUrl":"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/","url":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/","name":"Court adjourns rulings on Akingbola, Dada - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage"},"thumbnailUrl":"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg","datePublished":"2011-06-10T23:43:14+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/06\/10\/court-adjourns-rulings-on-akingbola-dada\/#primaryimage","url":"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg","contentUrl":"http:\/\/vml1.s3-website-us-east-1.amazonaws.com\/wp-content\/uploads\/2011\/06\/akingbola.jpg"},{"@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\/420774","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=420774"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/420774\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=420774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=420774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=420774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}