Bank PHB ex-MD, Francis Atuche, Jailed for Stealing Depositors’ N25.7bn

He shed tears, blinked and rolled eye balls to evoke pity but still got six-year jail term slammed on his head. Here is the full account of how Court found the Bank Chief guilty of stealing customers’ money   An Nigerian High Court sitting in Ikeja, Lagos, on Wednesday convicted and jailed a former Managing Director (MD) of Bank PHB, Francis Atuche, for defrauding the bank of over N25.7 billion depositors money. Platforms  Africa reports that since 2011, Atuche and a former Chief Financial Officer (CFO) of the bank, Ugo…

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