{"id":438449,"date":"2011-06-08T23:27:22","date_gmt":"2011-06-08T23:27:22","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/08\/atuche-remanded-in-prison-over-fresh-n25-7bn-charge\/"},"modified":"2011-06-08T23:27:22","modified_gmt":"2011-06-08T23:27:22","slug":"atuche-remanded-in-prison-over-fresh-n25-7bn-charge","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/08\/atuche-remanded-in-prison-over-fresh-n25-7bn-charge\/","title":{"rendered":"Atuche remanded in prison over fresh N25.7bn charge"},"content":{"rendered":"
\n

\u00a0By Abdulwahab Abdulah<\/strong><\/p>\n

LAGOS-Former Managing Director of Bank PHB Plc, Francis Atuche, was, yesterday, remanded in prison custody after he was re-arraigned on a N25.7 billion fraud charge alongside his wife, Elizabeth and their associate, Ugo Ayanwu, by an Ikeja High Court.<\/p>\n

The accused persons, who were re-arraigned by the Economic and Financial Crimes Commission, EFCC, before Justice Bisola Okunnu,\u00a0 were accused of defrauding the bank. They had earlier been docked over a similar charge before another state high court.<\/p>\n

Trial judge, Justice Lateefa Okunnu, allowed Atuche\u2019s wife to continue on an earlier bail\u00a0 granted her. However, Atuche, who came to court from home was not lucky, as he was refused bail.<\/p>\n

Despite the fact that he had been granted bail by both Federal High Court and Lagos High Court in related matters, Atuche was ordered to be remanded in Kirikiri, while Ayanwu was also asked to go to prison until he was\u00a0 able to perfect his bail.<\/p>\n

His counsel had urged the court to take judicial notice of the existing bails granted Atuche and appealed to the court to allow the accused persons\u00a0 to continue on the bails granted them earlier.<\/p>\n<\/div>\n

Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n

Original post:
\nAtuche remanded in prison over fresh N25.7bn charge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0By Abdulwahab Abdulah LAGOS-Former Managing Director of Bank PHB Plc, Francis Atuche, was, yesterday, remanded in prison custody after he was re-arraigned on a N25.7 billion fraud charge alongside his wife, Elizabeth and their associate, Ugo Ayanwu, by an Ikeja High Court. The accused persons, who were re-arraigned by the Economic and Financial Crimes Commission, EFCC, before Justice Bisola Okunnu,\u00a0 were accused of defrauding the bank. <\/p>\n","protected":false},"author":0,"featured_media":438235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-438449","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports"},"yoast_head":"\nAtuche remanded in prison over fresh N25.7bn charge - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/08\/atuche-remanded-in-prison-over-fresh-n25-7bn-charge\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Atuche remanded in prison over fresh N25.7bn charge - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"\u00a0By Abdulwahab Abdulah LAGOS-Former Managing Director of Bank PHB Plc, Francis Atuche, was, yesterday, remanded in prison custody after he was re-arraigned on a N25.7 billion fraud charge alongside his wife, Elizabeth and their associate, Ugo Ayanwu, by an Ikeja High Court. 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