• Contact Us
  • About Us
Friday, June 20, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Supreme Court Okays Trial Of Atuche, Wife For Fraud

metro by metro
September 28, 2017
in News
0
0
SHARES
0
VIEWS

The Supreme Court has ruled that the Economic and Financial Crimes Commission (EFCC) can go ahead with the trial of the former Managing Director of the defunct Bank PHP, Mr. Francis Atuche, and his wife, Elizabeth.

The Atuches are facing charges of fraud for allegedly stealing N25.7 billion belonging to the bank.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

Delivering judgment in Abuja on Wednesday, the five-man panel of justices also upturned an earlier directive by the Court of Appeal, for the Chief Judge of Lagos State to reassign the case to another judge.

The anti-graft agency had in 2011 arraigned Francis and Elizabeth Atuche, along with a former Bank PHB official Mr. Ugo Anyanwu before the Justice Lateefa Okunnu of the Lagos State High Court.

But the defendants in 2014 had successfully challenged their trial before Justice Okunnu at the Lagos Division of the Court of Appeal.

However, judges of the Apex Court criticised the appellate court’s order, and in the ruling read by Justice Ejembi Eko, they noted that the lower court did not adduce any reason why it disqualified Justice Okunnu.

The Supreme Court consequently directed that the case should be returned to high court judge for continuation of trial of the defendants.

Source: channelstv

Tags: Francis Atuche
Previous Post

Nigeria aims to issue $2.5 billion Eurobond by mid-Nov – DMO

Next Post

I Will Defeat President Buhari In Fair Election – Fayose

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

I Will Defeat President Buhari In Fair Election – Fayose

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version