Dr Akintoye Arraigned Over Allegations Of Bribery, Theft

Dr. Akintoye Akindele has been charged in court with bribery, theft, and embezzlement.

The businessman, philanthropist, and investor is accused of scamming investors and partners.

He was first charged in August 2023, and his case is scheduled to be heard in the FCT High Court on December 6, 2023.

In August, he was charged with one count of bribery. The Plaintiff/Applicant in the CR/595/2023 complaint was Acting Inspector General of Police Kayode Egbetokun.

The defendant allegedly sought to pay police officers investigating a case of fund diversion brought against him, according to the police prosecution team.

Investors who claim to have been duped by the accused are demanding justice as they await the Dec. 6 hearing.

“This date marks a crucial juncture in the quest for justice, where the allegations will be scrutinized in a court of law,” a statement reacting to the coming hearing reads.

The statement adds that: “Reputable institutions who tend to shy away from public feuds or legal wranglings, such as Norsad Capital, were compelled to place Akindele’s Platform Capital into receivership due to a default on a $10 million loan.”

It further stated: “The allegations against Akindele paint a picture of a disturbing pattern of deceit and exploitation. Accusations of stealing from individuals, defrauding his own company, and cheating others out of substantial sums suggest a complete lack of ethical conduct. If proven true, these actions could irreparably damage Akindele’s reputation and have far-reaching consequences for those entangled in his web of deception.

“As the Akintoye Akindele bribery case continues to capture headlines, the eyes of the Nigerian public and the investment community remain fixed on the upcoming court proceedings. The December 6th court date will potentially bring an end to Akindele’s alleged 20-year career of deceit and exploitation. The outcome of this case has the power to reshape perceptions of ethical conduct within the business community and serve as a warning against those who seek to undermine trust for personal gain.”