Ex-bank MD, director remanded over forgery

An Ikeja High Court in Lagos yesterday ordered that the former managing director of Mainstreet Bank’s Registrars Limited be remanded till April 10, for allegedly forging Corporate Affairs Commission (CAC) documents. Aside Chester Ukandu, the court also ordered the remand of a former director of the bank, Achi George, who was charged alongside the ex-MD. […]

An Ikeja High Court in Lagos yesterday ordered that the former managing director of Mainstreet Bank’s Registrars Limited be remanded till April 10, for allegedly forging Corporate Affairs Commission (CAC) documents.

Aside Chester Ukandu, the court also ordered the remand of a former director of the bank, Achi George, who was charged alongside the ex-MD.

The duo were remanded after pleading not guilty to three counts charge of conspiracy and forgery leveled against them by the Economic and Financial Crimes Commission (EFCC).

The EFCC alleged that the two defendants, between February 6 and 7, 2012, conspired among themselves and forged the letterhead paper of Mainstreet Bank Registrars Limited claiming that it emanated from the bank. The duo were also accused of forging a CAC Form 2A, claiming that it emanated from CAC.

The prosecutor, Zainab Otti, told the court that the duo had retired from the company, only to return unlawfully to convert the company’s properties and bank account with Skye Bank, and hold illegal board meetings.

The prosecutor further told the court that the two defendants were arrested after investigation was conducted on a petition written by the company’s lawyer, Charles Mekwunye. They were consequently charged before the court.