More revelation hit the courtroom
yesterday as the Economic and Financial crime commission ( EFCC) witness, Mr
Hamada Bello, an investigator, trained by United Kingdom metropolitan Police
and United States Federal Bureau of Investigation (FBI) told Justice Lateefat
Okunnu of an Ikeja High Court that the erstwhile managing director of Bank
PHB(now Keystone Bank)Mr. Francis Atuche use the bank’s depositors fund to buy
personal shares and subsequently transfer N45million to two catholic churches.
Francis Atuche, his wife, Elizabeth,
and the former Chief Financial Officer Bank PHB, Ugo Anyanwu, are currently
standing trial for financial crimes bordering on money laundering, theft and
gross misappropriation Bello particularly accused Atuche, saying the former
bank chief authorized his Chief Financial Officer to transfer N45 billion to
other banks to purchase public offer shares. Bello added that Atuche collected
loans from the bank using Bank PHB client’s account without the knowledge of
the account owner.
The witness mentioned the company
account statement of Mr Peter Ololo, Managing Director of Peterson Oil and Gas
Limited, and Mrs Elizabeth Ebi as the beneficiaries of the loan facilities, but
claimed that the loans were secured without the consent of account owners Bello
also presented documents in court, some of which include electronic mails sent
as an order to release 35million to St Monica’s Church ,Ibusa, Delta State and
another sum of N10 million to St Augustine’s Catholic Church.
National Mirror
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