Court Issues Bench Warrant for Access Bank MD, Secretary Over Alleged Property Theft
Justice Ibironke Harrison of a Lagos State High Court has ordered the arrest of Access Bank’s Managing Director, Roosevelt Ogbonna, Company Secretary, Robert Imowo and Bolaji Agbede.
The trio, according to court documents, are to be arrested and produce before the court on February 24, 2025 and further dates as may be deemed fit by the court.
The order was sequel to their failure to appear in court on January 20, 2025 in suit number: LD/24884C/24, between Lagos State versus Adejare Adegbenro and four others.
Other defendants which include Balmoral International Limited and DDSS International Company Limited, are standing trial on charges bordering on alleged conspiracy, obtaining by false pretence, and fraud to the tune of N1.356 billion.
The allegations stemmed 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.
Access Bank is accused of attempt to steal the same property by granting a N1 billion credit facility to DDSS International Company Limited.
