The Court of Appeal, Lagos Division, reserved judgment yesterday in an appeal filed by a former Managing Director of defunct Intercontinental Bank Plc, Erastus Akingbola, challenging the ruling of a Lagos High Court judge, Justice Lateef Lawal-Akapo, on jurisdiction. Akingbola, with his co-defendant, Bayo Dada, filed two separate applications challenging the jurisdiction of the court to hear the 22-count charge filed against them by the Economic and Financial Crimes Commission (EFCC). But, the lower court, in its ruling on May 2, dismissed their applications and held that the charges preferred against them were within its competence and purview to determine. Dissatisfied, Akingbola and Dada approached the Appeal Court, praying that the trial court’s decision be set aside. At the resumed hearing of the appeals yesterday, lawyers to the parties adopted their written addresses, prompting the court, presided over by Justice Amina Augie, to reserve judgment for a date to be communicated to the parties. posted on October 16, 2014 at 04:40AM Send an email to Joseph T. Obagbemisoye 08140584469 or 08086797418 Like JTNNG on facebook facebook/jtnng91 View Joseph T. Obagbemisoyes profile on facebook facebook/jtob91 Follow @jtob91 and get followed also jtnng.blogspot/
Posted on: Thu, 16 Oct 2014 03:56:24 +0000
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