N197bn Fraud: Erastus Akingbola Opposes EFCC's Attempt To Tender Evidence Against Him | Sahara Reporters

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N197bn Fraud: Erastus Akingbola Opposes officialEFCC's Attempt To Tender Evidence Against Him | Sahara Reporters The 10-year-old trial witnessed a heated argument between the prosecuting counsel, Rotimi Jacobs (SAN), and the defence team...READ MORE:

Erastus Akingbola, Managing Director of the defunct Intercontinental Bank Plc, on Friday opposed the move by the Economic and Financial Crimes Commission to tender statements of accounts from Access Bank.Through his lawyer, Wole Olanipekun , the embattled former MD said the statements could not be tendered because they were freshly sourced.

The defence team also contended that the anti-graft agency could not substitute a witness in the case. Among other allegations, the EFCC also claimed that Akingbola granted loans to a number of companies without adequate securities.At Friday's proceedings before Justice Mojisola Olatoregun, the prosecution called its third witness, Uyoyou Ewhe, an Access Bank official, and sought to tender through him the statements of certain accounts opened in Access Bank.

"The prosecution was sourcing for evidence two days ago in a trial that started 10 years ago," Olanipekun said. "If you don't have your witnesses, you don't have your witnesses; you cannot substitute witnesses," he said. "This witness, the maker of this document, is an official of Access Bank. Put succinctly, this document is an Access Bank document. And I daresay, the documents were made as a result of evidence already given, may be to patch up the evidence; it is a natural consequence which the court is called upon to assume."

Source: Law Daily Report (lawdailyreport.net)

 

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officialEFCC How can a case drag on for this long. WTF.

suleimanjunaid officialEFCC Lol

officialEFCC Our greatest problem is the inability to carry out a comprehensive thorough investigation that is admissible in court and rule based on existing laws and precedence.

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