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Atuche, Ojo Remanded In Efcc Custody - Politics - Nairaland

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Atuche, Ojo Remanded In Efcc Custody by Mcfeddy(m): 2:32pm On Oct 29, 2009
Sacked Managing Directors of BankPHB and Spring Bank Plc were yesterday ordered to remain in the Lagos detention facility of the Economic and Financial Crimes Commission (EFCC).

Justice Akinjide Ajakaiye of the Federal High Court, Lagos made the order shortly after Francis Atuche and Charles Enaholo Ojo were arraigned before him on a 26-count charge filed by the commission. Atuche and Ojo have been detained by the EFCC since October 16.


EFCC accused them of granting loans without securities to companies in which they have interest, granting loans with inadequate securities, exceeding their approval limits and granting loans without the approval of the Central Bank of Nigeria (CBN).

They were also alleged to have acquired interests in other companies without CBN’s prior approval and failed to take reasonable steps in ensuring the correctness of their bank’s monthly return to the CBN. About N8billion was said to have been involved in their alleged offences.

Atuche and Ojo pleaded not guilty to the charges.
Re: Atuche, Ojo Remanded In Efcc Custody by cvibe: 2:51pm On Oct 29, 2009
Wetin do Atuche now? If you don't take charge of your destiny, someone else will.
Re: Atuche, Ojo Remanded In Efcc Custody by Nezan(m): 4:07pm On Oct 29, 2009
We are waiting to see how this show will end.
Re: Atuche, Ojo Remanded In Efcc Custody by rasputinn(m): 5:40pm On Oct 29, 2009
FA this,FA that
I guess Mary B is having the last laugh
Re: Atuche, Ojo Remanded In Efcc Custody by 3kay945(m): 8:17pm On Oct 29, 2009
we need to build more prison.! alejo nbo!
Re: Atuche, Ojo Remanded In Efcc Custody by ayotee2000(m): 10:02pm On Oct 29, 2009
Good

Better

BANKPHB
Re: Atuche, Ojo Remanded In Efcc Custody by Olong(m): 12:34am On Oct 30, 2009
Old fable
Re: Atuche, Ojo Remanded In Efcc Custody by rasputinn(m): 6:51am On Oct 30, 2009
Atuche and the other bank CEOs that robbed their various banks blind should all be tried and sentenced to jail
Re: Atuche, Ojo Remanded In Efcc Custody by semid4lyfe(m): 12:03pm On Oct 30, 2009
Make dem cool their heels for EFCC detention small. Bloody rogues & thieves.
Re: Atuche, Ojo Remanded In Efcc Custody by Nobody: 8:25pm On Oct 30, 2009
yorubas again. na wa oh.
Re: Atuche, Ojo Remanded In Efcc Custody by sjeezy8: 8:31pm On Oct 30, 2009
lol theyre not yoruba but the judge is. clown

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