This are definitely not the best of times for former Intercontinental Bank boss, Erastus Akingbola as the Lagos Division of the Court of Appeal has ordered his retrial on the criminal charges preferred against him by the Economic and Financial Crimes Commission (EFCC) at the Federal High Court in Lagos.
Justice Charles Archibong of the Federal High Court had, in April 2012, set Akingbola free from the 26-count charge for lack of diligent prosecution.
According to reports from This Day newspaper, the Court of Appeal in an unanimous decision, held that the lower court’s ruling was a nullity, and that the case be remitted to the lower court before another judge for accelerated hearing.
The court also says that any bystander who watched the proceedings that necessitated the appeal, cannot possibly come to a conclusion that there was fair hearing.
Meanwhile, Judge Archibong in his ruling in 2012, did not only dismiss and discharge Akingbola from the financial impropriety accusation, but also accused the team of the five Senior Advocates of Nigeria (SAN) of indulging in professional incompetence in the way and manner they handled the case.
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