EFCC suffers another setback as court frees former Bank PHB boss, Atuche, others; dismisses N25bn fraud case

0
80

A Lagos High Court in Ikeja has struck out a N25.7 billion criminal charge brought against Francis Atuche, a former Managing Director of the now defunct Bank PHB.
The Economic and Financial Crimes Commission, EFCC had instituted a 27-count charge including stealing and conspiracy against Atuche; his wife, Elizabeth; and the bank’s Chief Financial Officer, Ugo Anyanwu.
In his ruling, Judge Lateef Lawal-Akapo said the EFCC failed to prove that the defendants stole money from the bank.
Follow Us

The post EFCC suffers another setback as court frees former Bank PHB boss, Atuche, others; dismisses N25bn fraud case appeared first …Read More

Source:: New Mail