The arrest of both men which made headlines back then was for the alleged misappropriation of funds summing to tens of billions of naira.
The speaker was accused of using the government accounts to source a loan worth N10b which was allegedly used to increase law makers allowances and salaries. But upon Bankole's ability to prove that the loan really did exist and used only to increase law makers salary, Justice Suleiman Belgore of the Abuja high court dismissed the charges against him stating that although the motive behind the loan was immoral, the former speaker had committed no crime.
