Justice Ibironke Harrison of the Lagos State High Court has ordered the arrest of Access Bank’s acting Managing Director, Bolaji Agbede, along with Balmoral International Limited, DDSS International Company Limited, and Adejare Adegbenro, for failing to appear in court for arraignment.
The prosecution, led by Uthman̈ Rilwan, informed the court that the defendants were duly served notice but failed to attend the hearing.
The Lagos State government has accused the defendants of conspiracy, theft, and attempted theft. The allegations include using the property of MOB Integrated Services, located at Plot 40b, Burdillion Road, Ikoyi, Lagos, as security for a loan without the owner’s consent. They were also accused of attempting to steal the property by granting DDSS International Company Limited a credit facility of ₦1 billion. These acts reportedly contravene Sections 411, 280, and 21 of the Lagos State Criminal Laws of 2011.
Justice Harrison expressed dissatisfaction with the defendants’ absence, emphasizing that their failure to appear in court obstructed judicial proceedings. The warrant for their arrest underscores the court’s commitment to ensuring accountability in the case.
