A Lagos State High Court judge, Justice Ibironke Harrison, has ordered the arrest of Access Bank’s acting Managing Director, Bolaji Agbede, and three other defendants.
The Judge made the order when the defendants, including Balmoral International Limited, DDSS International Company Limited, and Adejare Adegbenro, accused of conspiracy, obtaining by false pretence, and fraud totaling N1.356 billion failed to show up in court.
The allegations stem from a 2013 incident where the defendants allegedly used MOB Integrated Services’ property as loan security without consent.
The property, located at Plot 40b, Bourdillon Road, Ikoyi, belongs to a Company owned by Gbolahan Obanikoro, son of former Minister of State for Defence, Senator Musiliu Obanikoro, and Access Bank is accused of allegedly attempted to steal the same property by granting a N1 billion credit facility to DDSS International Company Limited.
The court has scheduled the next hearing for February 24, 2025.
The charge sheet as signed by the Directorate of Public Prosecutions, Ministry of Justice, Lagos State, reads:
Conspiracy to Commit a Felony to wit; Stealing Contrary to Section 411 of the Criminal Law, Ch. C17, Vol.3, Laws of Lagos State, 2015.
PARTICULARS OF OFFENCE
ADEJARE ADGBENRO (M), BALMORAL INTERNATIONAL LIMITED, ACCESS BANK and BOLAJI AGBEDE (M) on or about the 2nd day of September, 2013 at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos State in the Lagos Judicial Division, conspired to commit a felony to wit; Stealing.
STATEMENT OF OFFENCE-COUNT 2
Conspiracy to Commit a Felony to wit; Stealing Contrary to Section 411 of the Criminal Law, Ch. C17, Vol.3, Laws of Lagos State, 2011.
PARTICULARS OF OFFENCE
ADEJARE ADGBENRO (M), BALMORAL INTERNATIONAL LIMITED, ACCESS BANK, BOLAJI AGBEDE (M) and DDSS INTERNATIONAL COMPANY LIMITED on or about the 2nd day of September, 2013 at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos State in the Lagos Judicial Division, conspired to commit a felony to wit; Stealing.
STATEMENT OF OFFENCE-COUNT 3
Stealing Contrary to Section 280 of the Criminal Law, Ch. C17, Vol.3, Laws of Lagos State, 2011.
PARTICULARS OF OFFENCE
ADEJARE ADGBENRO (M), BALMORAL INTERNATIONAL LIMITED, ACCESS BANK and BOLAJI AGBEDE (M) on or about the 2nd day of September, 2013 at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos State in the Lagos Judicial Division, stole the property of MOB Integrated Services at Plot 40b, Bourdillion Road, Ikoyi, Lagos by using it as a security for loan without his consent and subsequently entering into a consent judgment.
STATEMENT OF OFFENCE-COUNT 4
Attempted Stealing Contrary to Section 21 of the Criminal Law, Ch. C17, Vol.3, Laws of Lagos State, 2015.
PARTICULARS OF OFFENCE
ADEJARE ADGBENRO (M), BALMORAL INTERNATIONAL LIMITED, ACCESS BANK, BOLAJI AGBEDE (M) and DDSS INTERNATIONAL COMPANY LIMITED on or about the 26th day of May, 2019 at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos State in the Lagos Judicial Division, attempted to steal the property of MOB Integrated Services at Plot 40b, Bourdillion Road, Ikoyi, Lagos by offering and granting DDSS International Company Limited a credit facility of N1,000,000,000.00 (One Billion Naira) Only.
