Failed bank: Prosecution files amended charge against Abiola’s wife,3 others

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The Prosecution on Monday filed an amended charge before a Federal High Court sitting in Lagos, against three former Directors of the Integrated Microfinance Bank, over an alleged financial malpractice.

The accused are: a former Managing Director of the bank; Akinteye Ademola, and two former Directors: Jerry Orimovuohoma and Oladapo Bello.

The accused were initially charged alongside Doyin Abiola, on a four-count charge of banking and financial crimes.

Doyin is one of the wives of the late Chief M.K.O Abiola, and also a former Director of the bank.

When the case was called on Feb. 10, the prosecutor, Mr Akin Akintewe, informed the court of an amended four-count charge dated Feb. 6, in which the name of Abiola had been deleted.

He then prayed the court to withdraw the initial charge, dated June 10, 2013, and replace it with the new charge.

Akintewe also sought an adjournment to enable him serve the amended charge on the accused.

Counsel to the first and third accused, Mrs Tessy Moseh and Tunde Awogbade, did not raise any objection.

Justice Okon Abang, in a short ruling, granted the order as prayed, and struck out the charge dated June 10, 2013, and replaced it with that dated February 6.