A Federal High Court sitting in Lagos, yesterday, discharged former Managing Director of Intercontinental Bank Plc, Mr Erastus Akingbola, who is standing trial on a 26-count amended charge of financial impropriety and alleged stealing of N364 billion preferred against him by the Federal Government. Trial judge, Justice Charles Archibong, also dismissed the charges against him.
The court further barred the prosecution from appearing before the court or another judge of the Federal High on the matter, over what it called “serious and professional incompetence” of the prosecution team made up of five Senior Advocates of Nigeria, SANs.
The court also ordered the Attorney General of the Federation and Minister of Justice, Mr Mohamemd Adoke, SAN, to disband the team of the five SANs prosecuting the case for the Economic and Financial Crimes Commission, EFCC.
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