By Emmanuel Ujah
ABUJA—ECONOMIC and Financial Crimes Commission, EFCC, yesterday, secured a court order to enable it keep former Managing Director of Intercontinental Bank Plc, Mr. Erastus Akingbola, in custody for up to two weeks. The order foreclosed an early administrative bail for the embattled former bank boss.
Mr. Akingbola who surrendered to the anti-graft agency, Wednesday, after running away from the country for about one year, spent his second day of interrogation at the EFCC’s headquarters, in Abuja.
It was learnt that the EFCC took the step to block any attempt by Mr. Akingbola’s lawyers from disrupting the interrogation by its officials.
Sources said the court order was to give the EFCC enough room to gather every necessary information from Akingbola himself on the allegations against him.
The court, it was learnt, however, did not necessarily mean that Mr. Akingbola must remain in detention for two weeks. His bail would be at the discretion of the EFCC.
Efforts by lawyers of former, to secure an administrative bail for the embattled former bank boss has not been fruitful.
Mr. Akingbola, it was learnt, however, told the interrogators that he was prepared to cooperate with the anti-graft agency and that the decision to return home was to enable him clear his name.
Meantime, legal sources say he might be granted administrative bail today having spent the mandatory period of 48 hours with the anti- graft agency.
Disclaimer
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.