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Ex-Afribank director asks court to quash EFCC’s charges against him

By INNOCENT ANABA

LAGOS – A former director of Afribank Nigeria Plc, Mr Chinedu Onyia, has asked a Federal High Court sitting in Lagos to quash the charges against him by the Economic and Financial Crimes Commission, EFCC.

Onyia is standing trial alongside former managing director of Afribank, Sebastian Adigwe; a stockbroker, Peter Ololo and his company, Falcon Securities Limited; former Chairman of Afribank, Osa Osunde and two directors of the bank, Henry Arogundade and Isa Zailani.

They are standing trial over alleged abuse of office, banking malpractices and money laundering to the tune of N55 billion.

Onyia is contending that there was nothing on the face of the charge upon which he could stand trial, as EFCC failed to provide credible material to link him with the alleged crime.

At the hearing in the matter, yesterday, Onyia through his counsel, urged the court to quash the charge against him, and also discountenance the additional proof of evidence filed by EFCC.

He argued that EFCC in the charge, alleged that he granted reckless credit facilities, but that the proof of evidence attached by it to the charge, showed clearly that all facilities were duly authorised.


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