Embattled banker and former Managing Director of the now defunct Intercontinental Bank, Erastus Akingbola's London home has been sold by the UK government for £5.7million pounds, which can be about N1.5billion.
A UK Judge, Justice Michael Burton of the Royal Courts of Justice, London, had on July 31 2012, found Erastus Akingbola guilty of theft and fraud of monies totaling £654million and ordered that his London home be sold included in the properties he's to forfeit having been found guilty....
Mr Akingbola can also be standing trial for Financial Crimes in Nigeria. He's accused by the EFCC of stealing N47billion depositors funds from Intercontinental Bank.
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