A High Court of Justice, Queen’s Bench Division, London Tuesday ordered
the former Managing Director of the defunct Intercontinental Bank Plc
(now Access Bank Plc), Mr. Erastus Akingbola, to pay Access Bank Plc
£654 million (about N164 billion) for some sharp and fraudulent
practices committed when he was in charge of the bank.
The money was purportedly stolen directly from the bank used by Akingbola during his tenure to buy property in the United Kingdom and pay debts owed by his companies, among other uses. Of the amount, £9 million has already been refunded by Akingbola to Access Bank, he said.
The money was purportedly stolen directly from the bank used by Akingbola during his tenure to buy property in the United Kingdom and pay debts owed by his companies, among other uses. Of the amount, £9 million has already been refunded by Akingbola to Access Bank, he said.
Na wa oooo, this money is huge, where will he get this money from?
Thnx for providing this information on the internet.
ReplyDeleteMy web site : Maternity Clothes Brisbane