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May 3, 2011

Ex – Bank Chief accuses EFCC, CBN of frustrating his defence


 The former Managing Director of Intercontinental Bank, Dr. Erastus Akingbola, has accused the Economic and Financial Crimes Commission, EFCC and the Central Bank of Nigeria, CBN, of frustrating him in his bid to put up a strong defence in the criminal charge filed against him by the anti-graft agency.

In a statement yesterday, Akingbola said the EFCC and the CBN were denying him access to relevant documents, starving his lawyers of legal fees through freezing orders and engaging internet company to post hundreds of comments with pseudo Nigerian names.
A statement issued on Akingbola’s behalf by his counsel, Charles Nwajagu, said: “The case I am being tried for in Nigeria is exactly what I am equally facing in United Kingdom. If you add the Security and Exchange Tribunal, it will mean the cases are being tried in three courts.
Yet not satisfied, my accusers continue to employ all manner of underhand tactics to make it impossible to defend myself: denying me access to relevant documents, starving my UK lawyers of legal fees through a Freezing Order, engaging an internet company to post hundreds of comments on my case with pseudo-Nigerian names and generally resorting to media trial.
“There was no court order anywhere in the world that I should pay any sum of money to Intercontinental Bank Plc, neither is there any iota of truth in the alleged moves to secure plea bargaining. As things are and by verifiable proceedings in the law courts, there is no cause for such alleged plea bargain or to suggest same at all.”

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