The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned the former Managing Director of BankPHB Bank Plc, now Keystone Bank Plc, Mr. Francis Atuche and former Managing Director of the defunct Spring Bank Plc, Mr. Charles Ojo, before a Federal High Court in Lagos southwest Nigeria on 45 counts charge of alleged N125 billion fraud.
The re-arraignment of the two former bank chiefs was sequel to the transfer of the former trial judge, Justice Saliu Saidu who has been transferred from Lagos division to the Port-Harcourt, Rivers State, division of the court.
Consequently, Atuche and Ojo are being re-arraigned before a new Judge Ayokunle O. Faji, who is the fifth judge to handle the matter.
After the re-arraignment of the two bank chiefs today the EFCC, prosecutor Mr. Kemi Pinheiro told the court that he had tendered 65…
Read More…..PM News
