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Tuesday, 17 September 2013

N27.7bn EFCC CASE against Atuche: Utomi testifies in court

by Obeji Eric  |  in NEWS at  00:37:00

Lagos — A witness, in the on-going trial of the former Managing Director of Bank PHB (now Keystone Bank),Francis Atuche, Professor Pat Utomi, yesterday, told a Lagos High Court sitting in Ikeja that the loans granted by the former Managing Director of the Bank were ratified by the bank’s board of directors.

Atuche, his wife and a former Chief Financial Officer of the bank, Ugo Anyanwu, are being prosecuted by the Economic and Financial Crimes Commission, EFCC, for allegedly stealing N25.7 billion belonging to Bank PHB


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