Court grants ex-bank chiefs bail – The Nation
November 10, 2009 by Bunmi Awolusi · Comments Off
Justice Akinjide Ajakaiye of the Federal High Court, Lagos, yesterday granted bail to former Managing Directors of Bank PHB and Spring Bank, Francis Atuche and Charles Ojo.
Atuche and Ojo were arrested and detained by the Economic and Financial Crimes Commission (EFCC) over an alleged financial recklessness.
EFCC accuses Atuche, Ojo of granting N450b ‘frivolous’ loans – The Nation
November 4, 2009 by Bunmi Awolusi · Comments Off
The Economic and Financial Crimes Commission (EFCC) yesterday accused former Managing Directors of Bank PHB and Spring Bank, Francis Atuche and Charles Ojo of granting over N450 billion “frivolous credit facility without security.”
