Court Declares Former Director of Sterling Bank ‘Wanted’

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A special offence court has reportedly declared Former Sterling Bank Director, Yemi Idowu, wanted.

Ekohotblog understands that the court ordered the arrest of Idowu, and a popular socialite, Prince Waheed Gbadamosi Eletu-Odibo.

According to report, the former Sterling Bank director and the Lagos Prince are facing the wrath of the law for collaboratively and intentionally stealing another person’s property.

The charges before Justice Sherifat Solebo of the Special Offences Court, which resulted in the bench warrant for the arrest, shows that Idowu and Prince Eletu-Odibo were purportedly accused of conspiracy, stealing, and unlawful conversion of landed property belonging to one Ononenyi Patrick Okonkwo.

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It was learned that Okonkwo owned over 250,000 hectares of land that the former Sterling Bank director and the Lagos Prince allegedly adopted as their own properties and sold off, sometime between 2013 and 2016. The plots of land in question are reportedly located around in Eti Osa Local Government Area of Lagos, around Crystal Road, Osapa Village.

Apart from allegedly obtaining the land from Okonkwo, reports have it that the former Sterling Bank director and the Lagos Prince were also accused of ignoring court summon.

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Stephen Jesuwale
Jesuwale Stephen is a journalist who finished from the Nigerian Institute of Journalism. He is a distinctive writer, media strategist and also a Digital Marketer