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Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD (23169 Views)

Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil / FG Shuts Illegal Online Banks, Freezes Business Accounts / Court Convicts Bank PHB's Francis Atuche, Ugo Anyanwu Of ₦25.7 Bilion Theft (2) (3) (4)

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Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by tillaman(m): 8:06pm On Sep 02, 2021
Nawa o

1 Like 1 Share

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Crownbackhome: 8:06pm On Sep 02, 2021
Dig Deep, no be only him get the money... I said am

1 Like

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by NamelessOGBENI(m): 8:06pm On Sep 02, 2021
Taich:
Bank PHB that year, one day cars will run on water.
They didn't know that one day Bank PHB will be Keystone someday...

Yesteryear blues

4 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Nobody: 8:07pm On Sep 02, 2021
Wtf!!!
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by ShedrachU(m): 8:08pm On Sep 02, 2021
But Nairaland dry today shaa

1 Like

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by naijadrivablog: 8:11pm On Sep 02, 2021
Ekeseges:
And hunger wan kill somebori

grin
Exegesis
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by wallrichy: 8:12pm On Sep 02, 2021
The way Some Nigerian steal money! They don't give a damn about the eventual consequence. I just hope he would be given appropriate punishment just like the petty thief that stole cups of rice and tomato and was sentences to 2 years in jail.


Please I need a sharp driver to pilot my car on Bolt level in Port Harcourt. Must have a good maintenance culture and ofcourse experience in bolt operations within Port Harcourt City and environs.

If you have a candidate, please send a mail to wallrichy@gmail.com
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Ayodekfarms(m): 8:15pm On Sep 02, 2021
This is part of the reasons why well meaning Nigerians don't invest in the country. Court can just freeze all you ever laboured for within a sec
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by DabuIIIT: 8:16pm On Sep 02, 2021
hedonido:


Story. Don't be ignorant. Most of the top surviving banks, the MDs of same set with him, are richer than him. Access (AIG), UBA (Tony), Zenith (Jim), etc. All of them were into same mago mago shit. These guys would surely have 100s of billions compared to Atuche's 'peanuts'.

Trust me, Bank PHB, Oceanic, etc wouldn't have crashed anything. Their CEOs were just dealt with because they weren't padi padi with the powers that be, or they stepped on toes, or transgressed in high places.

You got it..I'm sure they weren't in good terms with then CBN governor sanusi who definitely must have been a mugu in the Shiii stuff..a former bank MD made CBN governor will never do what he did to his own fellow top colleagues..another story to it is the ethnic factor of the north wanting to destroy certain southern banks.. the stick,Sanusi, portrayed himself as a saint and Nigerians were easily deceived. He definitely would have had his way with the aborted #5k single note/denomination, which would have done great damage to our economy,if yar'adua didn't pass away.

1 Like

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by GboyegaD(m): 8:16pm On Sep 02, 2021
hedonido:


Story. Don't be ignorant. Most of the top surviving banks, the MDs of same set with him, are richer than him. Access (AIG), UBA (Tony), Zenith (Jim), etc. All of them were into same mago mago shit. These guys would surely have 100s of billions compared to Atuche's 'peanuts'.

Trust me, Bank PHB, Oceanic, etc wouldn't have crashed anything. Their CEOs were just dealt with because they weren't padi padi with the powers that be, or they stepped on toes, or transgressed in high places.

I think if Sanusi had allowed them recovered the non performing loans, they would have done better than AMCON. The worse treatment was that of Intercontinental Bank knowing Dicon salt was one of their biggest debtors was chaired by another Bank's MD.
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by techWriter1: 8:18pm On Sep 02, 2021
banker PHB that month, one week vehicles will sprint on sewage.
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Ezmans: 8:22pm On Sep 02, 2021
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by unite4real: 8:23pm On Sep 02, 2021
Taich:
Bank PHB that year, one day cars will run on water.

You forgot "GOOD, BETTER, BANK PHB" which was their slogan

4 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Focusmind: 8:30pm On Sep 02, 2021
This man don see something for EFCC hand. The man denied me a place in Bank PHB then after my final interview with him. The bank was the choice bank for upwardly mobile professionals then. Their pay band was the highest in the sector - more than investment bank sector were I was coming from.

That Elumelu, Jim, AIG escaped Sanusi's hammer then is still a mystery to me. The way the man hammered Erastus Akingbola, Ibru, Atuche and Okey Nwosu was something else.

4 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Focusmind: 8:40pm On Sep 02, 2021
GboyegaD:


I think if Sanusi had allowed them recovered the non performing loans, they would have done better than AMCON. The worse treatment was that of Intercontinental Bank knowing Dicon salt was one of their biggest debtors was chaired by another Bank's MD.

You are thinking. Sanusi's actions were filled with vendetta. Believe me, if he had allowed those CEOs, they would still have recovered those funds from the debtors. AMCON is being politicised and filled with quota system staff that have little knowledge of banking system. Those CEOS would have still performed better than AMCON

3 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Newboss(m): 8:50pm On Sep 02, 2021
Money wey he suppose don covert to crypto (stable coins) since. If you must be a criminal, make sure you always think ahead of your crimes.

I see these guys with heavy bank balance, I know say they are just stupid people who got lucky enough to be able to play game. A true mastermind won't be that stupid.

1 Like

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Tranquility2345: 9:03pm On Sep 02, 2021
dontro:
Massive Money

36m dollars
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Tranquility2345: 9:03pm On Sep 02, 2021
Newboss:
Money wey he suppose don covert to crypto (stable coins) since. If you must be a criminal, make sure you always think ahead of your cimes.

I see these guys with heavy bank balance, I know say they are just stupid people who got lucky enough to be able to play game. A true mastermind won't be that stupid.

Please how old are you? undecided
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by okoroemeka(m): 9:04pm On Sep 02, 2021
Sharon6:
Only one person with over 19billion! Gawd! And people are still living below 1k per day in this our Nigeria.. It is well o
yes it is unfortunate,this man had the world but sadly the world is not enough
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Nobody: 9:07pm On Sep 02, 2021
Newboss:
Money wey he suppose don covert to crypto (stable coins) since. If you must be a criminal, make sure you always think ahead of your cimes.

I see these guys with heavy bank balance, I know say they are just stupid people who got lucky enough to be able to play game. A true mastermind won't be that stupid.

Him no even fly the money out
Keeping such huge funds in naija banks
No way
When phb fell
A lot of their directors and mds
Japa to Canada and Europe
Wonder what he was still doing
His juniors were smarter
50m usd
He for just split it into 5 and drop in different cefi
Collect Interest for life

1 Like

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Newboss(m): 9:08pm On Sep 02, 2021
Tranquility2345:


Please how old are you? undecided

Older than you. Enjoy your tranquility
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Newboss(m): 9:11pm On Sep 02, 2021
Sysdatek:


Him no even fly the money out
Keeping such huge funds in naija banks
No way

The guy just mumu no be small. Maybe na his village people do am strong thing
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Rumundele(m): 9:14pm On Sep 02, 2021
Okokomaiko eee cha! Agbese come o, I don die...
Na billion dem talk o no be thousand o.
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Handsum64: 9:14pm On Sep 02, 2021
To think that Pat Utomi was the chairman of this bank under whose watch Atuche perpetrated these infractions is most despicable.
Yet they will come to national discuss and be speaking big big grammer
For your information, pastors and churches were the biggest beneficiaries of the looting in the banking sector.
Ask Akingbola and Cecilia Ibru

4 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by xyjoe(m): 9:19pm On Sep 02, 2021
I can't be less happy with this judgement. Anthony was busy pumping poor masses savings into building jangantic edifies called hubmart. Every highbrow area in Lagos you will see hubmart. Within a space of one year, he erected 5 to 6 locations. Haba na!

2 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by kachistone: 9:20pm On Sep 02, 2021
hedonido:


Story. Don't be ignorant. Most of the top surviving banks, the MDs of same set with him, are richer than him. Access (AIG), UBA (Tony), Zenith (Jim), etc. All of them were into same mago mago shit. These guys would surely have 100s of billions compared to Atuche's 'peanuts'.

Trust me, Bank PHB, Oceanic, Intercontinental, etc wouldn't have crashed anything. Their CEOs were just dealt with because they weren't padi padi with the powers that be, or they stepped on toes, or transgressed in high places.

Pure truth. I still can't decipher how Access acquired Intercontinental Bank. Intercontinental was far bigger than Access.

Sanusi just dealt with Erastus Akingbola and Cecelia Ibru.

3 Likes

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Bluntemperor: 9:32pm On Sep 02, 2021
DoggoneDogg:


Criminal Afonja judge wan use Igbo money to finance her drug baron vegetable lord Presidential ambition.

Ole Afonja jatijati

Why do you people trivalise and bring tribalism to serious matter of national and international discourse?
Can a Nation move at all in this wako manner of thinking? Just wandering!

1 Like 1 Share

Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Bimpe29: 9:35pm On Sep 02, 2021
See systemic stealing
Re: Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD by Buckeyemedia1: 9:44pm On Sep 02, 2021
DoggoneDogg:


Criminal Afonja judge wan use Igbo money to finance her drug baron vegetable lord Presidential ambition.

Ole Afonja jatijati
Money he stole from depositors, he thought he was going to escape under pdp & Jonathan?

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