A Federal High Court in Lagos on Tuesday discharged the former Executive Vice Chairman and Chief Executive Officer of Intercontinental Bank Plc, Dr. Erastus Akingbola, of the 26-count charge of money laundering brought against him by the EFCC.
The presiding judge said he acquitted Mr Akingbola because of the 'incompetence of the prosecution team'
EFCC plans to file fresh charges against the former bank chief.
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