LAGOS – The Court of Appeal,  yesterday, adjourned till November 23, for hearing in the appeal by the former Chief Executive Officer of Intercontinental Bank Plc,  Dr. Erastus Akingbola, challenging the jurisdiction of the Federal High Court, Lagos, to entertain the application by Economic and Financial Crimes Commission’s, EFCC, application seizing his property and freeze his accounts.

At the hearing in the matter, Akingbola’s counsel, Chief Felix Fagbohungbe, SAN, pleaded with the court to hear the appeal early enough, complaining that the seizure of his clients assets and freezing his accounts had left his legal fees outstanding.

He asked the court for an early date for the appeal, noting that since the appellant’s assets and counts were frozen by EFCC, he had not been able to pay his legal fees.

Earlier, the appellate court granted EFCC leave to file its brief of argument out of time.

Akingbola, in the appeal challenging the seizure of his property and freezing of his accounts, is contending that the lower court had no jurisdiction to entertain EFCC’s application filed during Christmas vacation, upon which his assets and property were attached.

The appellant is also contending that EFCC did not fulfill the conditions precedent to enable the lower court exercise its jurisdiction to hear and determine its application during the Christmas vacation.


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