A three-man panel of the Court of Appeal, Lagos Division, on Thursday, 23rd June 2022, upheld the conviction of a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, as well as the bank’s former Chief Financial Officer, Ugo Anyanwu.
Atuche and his co-convict, Anyanwu, had approached the appellate court to set aside their conviction by Justice Lateefa Okunnu of a Lagos State High Court sitting in Ikeja, Lagos on 16th June 2021 over an N25.7 billion fraud.
—Details later–+