N27bn fraud: Atuche, ex-Bank PHB MD, handed 12-year jail sentence

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An Ikeja High Court has sentenced a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, to 12 years imprisonment and former CFO of the bank, Ugo Anyanwu, to 10 years, for stealing and conspiracy to steal N27billion.

An Ikeja High Court has sentenced a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, to 12 years imprisonment and former...An Ikeja High Court has sentenced a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, to 12 years imprisonment and former Chief Financial Officer of the bank, Ugo Anyanwu, to 10 years, for stealing and conspiracy to steal N27billion.

 

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stack_diamond As long as it's a South thief justice is served asap

Just 10years for 27billion

Is good....am also waiting to hear how many politicians to be sent to jail....

12 year jail sentence, was the money recovered?

Imudia_se2 Him wife put hand for waist, say, oga like this so you Dey go jete?

27b wow. Greed.

Nice one but what about the others pls

Good for them

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