Embattled banker and former Managing Director of the now defunct Intercontinental Bank, Erastus Akingbola's London home has been sold by the UK government for £5.7million pounds, which is about N1.5billion.
A UK Judge, Justice Michael Burton of the Royal Courts of Justice, London, had on July 31 2012, found Erastus Akingbola guilty of theft and fraud of monies totaling £654million and ordered that his London home be sold as part of the properties he is to forfeit having been found guilty.
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