Erastus Akingbola’s money laundering trial resumes June 13

A federal high court in Lagos state has on Tuesday adjourned the money laundering trial of a former managing director of the defunct Intercontinental bank plc., Erastus Akingbola.

The case has been adjourned till June 13.

Akingbola was charged by the Economic and Financial Crimes Commission on an amended 22 counts bordering on money laundering.

He was re-arraigned in March and pleaded not guilty to the charge.

The case, which was slated for continuation of trial on Tuesday, could not proceed as the judge was said to be on another official assignment.