The Nigerian Transparency Network (NTN) has urged the Economic and Financial Crimes Commission (EFCC) to recommence the prosecution of former executive directors and management staff of defunct Afribank over alleged financial misappropriation that culminated in the bank’s collapse.
The executive director of NTN, Mr Aliyu Ibrahim, made the call in a statement issued in Abuja.
According to the statement, Ibrahim said the call to revisit the case was important in the general interest of justice and the helpless shareholders whose investment had been hanging since the bank collapsed in 2009.
The executive director who recalled that they had written a letter of petition to the chairman of EFCC on the matter, on July 31 and a copy of the letter published in a national daily on August 3, noted that in 2009, the EFCC began the prosecution of the management staff of the bank over alleged complicity in the issue of financial dealings that led to the collapse of the bank.
“It will be recall that the prosecution by the EFCC under the leadership of the former Chairperson, Mrs Farida Waziri was ongoing when suddenly certain intrigues affected the smooth prosecution of the accused persons.
“Of particular interest is the manner in which one of the accused persons, Alh Jibrin Isah was unlawfully and seemingly intentionally converted to a prosecution witness during the trial.
Source : Leadership
