The Late 5: I didn’t contest to win – Ekweremadu; Erastus Akingbola’s money laundering trial resumes June 13 | Other stories

Here are the stories that drove conversation today: JAMB approves cut-off marks for 2019/2020 admission The Joint Admissions and Matriculation Board (JAMB) has approved cut-off marks for 2019/2020 admission into tertiary institutions in the country. The decision was taken during the 19th policy meeting on admissions to tertiary institutions in Nigeria on Tuesday in Gbongan,... Read More

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Ahmad Lawan, Ali Ndume, erastus akingbola, okorocha, Ovie Omo-Agege, The Late 5

March 16, 2019

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Nigeria bans Boeing 737 Max 8 over Ethiopian Airlines crash, children feared dead in Lagos building collapse and other stories that made the headlines this week

Here are the top stories that drove conversation this week: Tribunal grants Buhari, APC access to poll items The All Progressives Congress has asked the presidential election tribunal to grant it permission to inspect documents used for the 2019 presidential elections across the country. The election held on February 23, and was won by President Muhammadu... Read More

Featured, The News Blog

49 dead in terror attack, APC, boko haram, Buhari, children feared dead, Danladi Umar, erastus akingbola, Femi Fani-Kayode, Lagos building collape, MNJTF, New Zealand, Onnoghen, Trubunal

April 11, 2013

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Hell no: Court refuses Akingbola’s request to be treated abroad

by Akan Ido Former Intercontinental Bank managing director, Erastus Akingbola has been refused permission to travel abroad for medical treatment. Akingbola, who is reportedly standing trial with Bayo Dada, the general manager of Tropics Security Limited, was refused permission for failing to provide sufficient proof showing his health condition needed urgent medical attention. Justice Adeniyi... Read More

Adeniyi Onigbanjo, Bayo Dada, EFCC, erastus akingbola, Intercontinental Bank

February 26, 2013

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Bank fraud: Erastus Akingbola re-appears in court today

by Rachel Ogbu Former Managing Director of Intercontinental Bank Plc (now Access Bank Plc), Erastus Akingbola, will appear in court today, February 26. The Economic and Financial Crimes Commission, EFCC re-arraigned him for allegedly stealing the bank’s money. According to reports, in a statement on Monday, the EFCC said it had arrested Akingbola preparatory for his arraignment before... Read More

Access Bank Plc, Bank fraud, EFCC, erastus akingbola, Intercontinental Bank Plc.

February 26, 2013

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Sacked: GEJ gets rid of Justice Archibong over controversial Akingbola ruling

by Rachel Ogbu President Goodluck Jonathan has endorsed the sacking of Justice Charles Archibong of the Federal High Court, Lagos after the National Judicial Council, NJC asked him to do so last week. He had delivered a controversial judgment many described as embarrassing to the judiciary after he condemned five Senior Advocates of Nigeria while prosecuting... Read More

controversial judgment, erastus akingbola, Justice Charles Archibong, National Judicial Council, President Goodluck Jonathan

September 13, 2012

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“I never posted, received, nor authorised any money” – Akingbola in his defense

by Isi Esene Erastus Akingbola, the former managing director of Intercontinental Bank Plc. yesterday described the 16 Count Charge brought against him by the Economic and Financial Crimes Commission (EFCC) as spurious, malicious, and false. While responding to the allegations of stealing leveled against him, Akingbola denied defrauding the company which he co-founded. He said,... Read More

Access Bank, Anthonia Akingbola, Bakinson, court, erastus akingbola, Finance, Fraud, shares, stealing, Tropics Securities

September 11, 2012

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N40 billion is what Akingbola got for insider shares dealing – Witness

by Akan Ido Former financial controller of Intercontinental Bank Plc. (now Access Bank Plc.), Akin Fabunmi, revealed in court yesterday that the bank paid N40bn to Tropics Securities, a stockbroking firm which Erastus Akingbola’s wife, Anthonia, has interests in, when buying its own shares from customers in 2008. Fabunmi said this at a Lagos High... Read More

Access Bank Plc, Anthonia Akingbola, Economic and Financial Crimes Commission, EFCC, erastus akingbola, Intercontinental Bank Plc.

August 2, 2012

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“We will sell everything Akingbola has in this world” – Sanusi reacts to London court ruling

by Stanley Azuakola This is the kind of news that gets a #Lobatan comment on Twitter. Following Tuesday’s London court ruling, in which Justice Burton ordered the erstwhile CEO of Intercontinental Bank to refund N164 billion, being the proceeds of what the court felt was a shares fraud, the CBN governor Sanusi Lamido Sanusi has... Read More

erastus akingbola, Intercontinental Bank, London court, Sanusi Lamido Sanusi

April 2, 2012

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“Incompetent and abusive prosecution team” – Two years after, Erastus Akingbola is free to go

by Hauwa Gambo It was difficult enough for the Economic and Financial Crimes Commission (EFCC) to get him to court, since he had delayed trial by fleeing the country, and now it has proven even more difficult for them to put him behind bars. Earlier today, the Federal High Court sitting in Lagos dismissed the corruption charges filed by... Read More

central bank, EFCC, erastus akingbola, intercontinental, SAN

The Late 5: I didn’t contest to win – Ekweremadu; Erastus Akingbola’s money laundering trial resumes June 13 | Other stories

Nigeria bans Boeing 737 Max 8 over Ethiopian Airlines crash, children feared dead in Lagos building collapse and other stories that made the headlines this week

Hell no: Court refuses Akingbola’s request to be treated abroad

Bank fraud: Erastus Akingbola re-appears in court today

Sacked: GEJ gets rid of Justice Archibong over controversial Akingbola ruling

“I never posted, received, nor authorised any money” – Akingbola in his defense

N40 billion is what Akingbola got for insider shares dealing – Witness

“We will sell everything Akingbola has in this world” – Sanusi reacts to London court ruling

“Incompetent and abusive prosecution team” – Two years after, Erastus Akingbola is free to go

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