By Innocent Anaba

Former Managing Director  of Afribank Plc, Sebastian Adigwe, alongside six others charged to court for  financial impropriety by the Economic and Financial Crimes Commission, EFCC, yesterday asked a Federal High Court sitting in Lagos to vary the bail conditions the judge granted them.

Other  accused persons in the matter are the Chairman of Afribank, Osa Osunde, three board members, Isa Zailani, Chinedu  Onyia, Henry Arogundade and a stockbroker Peter Ololo and his firm, Falcons Securities Limited.

The accused persons in their separate applications, prayed the court  to release their international passports  to  enable them travel abroad for medical treatment and business transactions.

Counsel to the fifth accused person  in urging the court  to release  his client’s international passport, argued that the prosecution has not seriously challenged  the averments in his affidavit except that the Commission has said the accused was threatening  their witnesses.

Counsel to the  sixth accused person in  his application urged the court  to unfreeze his client’s bank account at AfriBank and Guaranty Trust Bank frozen by the prosecution  as there was  no place in the proof of evidence where  it was stated that  fraudulent  fund was transferred to his account.

He argued that his client has ran out of money to cater for his family and legal expenses.

EFCC  urged the court to dismiss the bank chief’s application on the ground that there was insufficient material before the court to warrant granting the application.