The former Managing Director of Finbank Plc,Okey Nwosu alongside three other directors of the bank, yesterday, asked a Lagos High Court sitting in Ikeja to dismiss the alleged N10.9 billion theft charge preferred against them by the Economic and Financial Crimes Commission, EFCC.
.
The defendants who made the request in separate no-case submission applications, filed by their counsel, argued that no prima-facie case has been established against them to warrant opening their defence.
.
Nwosu, alongside the other ex-directors, Dayo Famoroti, Danjuma Ocholi and Agnes Ebubedike, are being prosecuted by the EFCC.
.
They had been arraigned before Justice Lateefat Okunnu, of an Ikeja High court, for allegedly stealing the sum of N10.9 billion belonging to Finbank.
.
The EFCC had closed its case against the defendants on June 28,2013 after calling nine witnesses to testify against them.
.
The EFCC counsel, Mr. Rotimi Jacobs, SAN, had urged the court to order the defendants to open their defence.
.
However, the defence counsel, James Ocholi, SAN, Seyi Sowemimo, SAN, and Okorie Kalu, yesterday, notified the court that they have filed their separate no-case submissions to the charge.
All this theft must just stop once and for all in this country cos it's something that destroys the reputation of this country. It's BAD!