The Economic and Financial Crimes Commission, EFCC has re-arrested Erastus Akingbola, the former managing director of Intercontinental Bank Plc (now merged with Access Bank Plc) on Monday.
In a press statement released to the media, EFCC said that Akingbola "is currently being held at the Commission’s facility in Ikoyi, Lagos, preparatory to his arraignment today, February 26, 2013 before Justice Adeniyi Onigbanjo of the Lagos High Court on fresh charges of stealing."
EFCC added that Mr. Akingbola will be arraigned afresh on fraud charges before another Lagos High Court judge.
The National Judicial Council last Friday suspended Justice Charles Archibong, who initially handled the initial case against him for misconduct.
Yesterday, President Goodluck Jonathan endorsed the recommendation and compulsorily retired him.
The NJC said Archibong dismissed a grievious charge against Akingbola without taking his plea and refused to release the Certified True Copy of his ruling to lawyers.