Intercontinental Bank: How Saraki, Imoukhuede, Wigwe loans led to Akingbola’s prosecution

A Federal High Court, Lagos, today, heard how billions of naira loans taken by the Senate President, Bukonla Saraki and others from the defunct Intercontinental Bank Plc, led to the prosecution of the bank’s former managing director, Dr. Erastus Akingbola. Akingbola is being tried by the Economic and Financial Crimes Commission (EFCC) in an amended 22 counts charge. At the resumed hearing of the matter today, the prosecution witness, Mr. Abdulraham Jimoh, while being cross examined by Chief Wole Olanipekun (SAN), admitted that a company linked to the Senate President,…

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