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Wednesday, 26 March 2014

Shareholders Of Defunct Intercontinental Bank Sue Lamido Sanusi For Fraudulent Sale Of The Bank: Demands 10 Billion Naira As Compnsation


Some shareholders of the defunct Intercontinental Bank have asked a Federal High Court in Abuja to direct the suspended CBN Governor, Lamido Sanusi to pay them ten billion naira as damages for alleged fraudulent sale of the bank.

They accused him of conniving with Aigboje Aig-Imokhuede, Herbert Wigwe and Senator Bukola Saraki to sell the bank in a bid to confer on themselves corrupt advantage.


The plaintiffs urged the court to order the CBN to recover thirty billion naira being owed the bank by Aig-Imokhuede, Herbert Wigwe and Senator Saraki.

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