EFCC witness exonerates Akingbola, says defunct Intercontinental Bank’s loans followed due process
Ex- Intercontinental Banks’s MD/CEO, Dr. Akingbola By Ibeawuchi Ambs Uwaleke A witness of the Economic and Financial Crimes Commission (EFCC), Mrs. Modupe Idowu Ajayi, today, told a Federal High Court, Ikoyi, Lagos, in the trial of the former CEO of the defunct Intercontinental Bank Plc, Dr. Erastus Akingbola, that all loans approved by the bank, followed due process because they went through a full Management Credit Committee (MCC) screening and approval, comprising the executive and non executive directors who were…