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Mcfeddy (m)
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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.
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cvibe
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Wetin do Atuche now? If you don't take charge of your destiny, someone else will.
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Nezan (m)
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We are waiting to see how this show will end.
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rasputinn (m)
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FA this,FA that
I guess Mary B is having the last laugh
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3kay945 (m)
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we need to build more prison.! alejo nbo!
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ayotee2000 (m)
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Good
Better
BANKPHB
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rasputinn (m)
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Atuche and the other bank CEOs that robbed their various banks blind should all be tried and sentenced to jail
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semid4lyfe (m)
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Make dem cool their heels for EFCC detention small. Bloody rogues & thieves.
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al-qaeda (m)
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yorubas again. na wa oh.
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sjeezy8
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lol theyre not yoruba but the judge is. clown
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