The arraignment of the Chief Executive Officer of Access Bank Plc, Herbert Wigwe and Access Bank Plc, before a Lagos State High Court, sitting in Ikeja, over alleged fraud of $6.3million, US Dollars, was stalled on Thursday due to the absence of some of the defendants.
The defendants are facing a four count charge bordering on conspiracy, false pretence, obtaining by fraud and stealing, preferred against them by the Special Fraud Unit.
The Prosecutor and Chief Superintendent of Police, Emmanuel Jackson, said that the defendants committed the offences between January and December, 2015.
He said the defendants deceitfully conspired with one another and with Augusta Energy of Geneva, Switzerland, to defraud Top Oil & Gas Development, Limited to the tune of over $6.3million US dollars.
When the matter came up for arraignment before Justice Hakeem Oshodi, the court was informed that only two of the defendants were in court.
Paul Usoro SAN, who represented the bank, informed the court about a preliminary objection, challenging the court’s jurisdiction to hear the matter.
Justice Oshodi however said that the defendants were not complete and the preliminary objection was not ripe for hearing, as the prosecution was just served.
Consequently Justice Oshodi adjourned the matter till June 3, for the hearing of the preliminary objection.
The case is one of the criminal matters in court that Nigeria’s former Petroleum Minister, Don Etiebet instituted legal action calling for revocation of the recent acquisition of Diamond bank by Access Bank.
Oct 30, 2015 0
May 03, 2018 0
Jul 15, 2019 0