Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,174,739 members, 7,892,920 topics. Date: Wednesday, 17 July 2024 at 08:29 PM

Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche (20463 Views)

Francis Atuche: Court Freezes ₦19.1 Billion Belonging To Ex-bank PHB MD / How Ex-MD, CFO Defrauded Bank PHB N25.7bn – Justice Okunnu / Court Convicts Bank PHB's Francis Atuche, Ugo Anyanwu Of ₦25.7 Bilion Theft (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Zico5(m): 6:01pm On Jun 28
They ruined Bank PHB. That bank dey enter my eyes then. Nigerians are just greedy.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Morbeta11(m): 6:06pm On Jun 28
Anguldi:
25.7B in 2011, that money still loud till today oOoOO tongue
Yar’Adua and Abiola's family money.

1 Like

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by CharlotteFlair: 6:06pm On Jun 28
Bobloco:

That advert was something else bro
That advert made it look like Nigeria go better very shortly then. But all na wash.

1 Like

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by CharlotteFlair: 6:07pm On Jun 28
Well Mr Francis and Co, just go and do your time in peace.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by NaijaCowFarm: 6:11pm On Jun 28
Are they not out of jail already? If they were sentenced in 2021, they would have served the 6 and 8 jail terms already. I think the appeal was to clear their names ... As they say in NL, I am just asking for a friend grin grin grin
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Angelfrost(m): 6:11pm On Jun 28
13 years of trial?!!

Naija!!!


What a wayward and useless JUDICIARY!

Spits!!! undecided
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by henrimoto(m): 6:12pm On Jun 28
Didijiji:
ONE DAY CARS WILL RUN ON WATER na im dey go jail like this ooo
Their Adverts then use to be a classic one. Always beyond the Nigerian advert norm then.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by henrimoto(m): 6:14pm On Jun 28
Nonexisting1:
The bank with the most innovative adverts back then. One day, cars will run on water, at bank PHB, we already thinking in that direction. Good, better, bank PHB. They did not live long see Tesla and Toyota Mirai today. Good old days.
...Very Innovative and explicit adverts, beyond the normal Nigerian advert norm.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Sapasenator: 6:22pm On Jun 28
The best way to steal is to own a bank in Nigeria.

I LOVE IT!
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by nedekid: 6:37pm On Jun 28
ffada:
Half cooked beans, watery egusi soup and lebe lebe garri loading...
You think this calibre of person will eat watery egusi or half cooked beans. Seems you dont know how far.
If it is kirikiri, he certainly will have food from the best Lebanese restaurants in apapa.
Are you sure he is not already a free man? He must have done 6 years already.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Justbesure: 7:03pm On Jun 28
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by efighter: 7:12pm On Jun 28
Where is the senior thief whom Atuche looted with and has been covering for? That is Professor Patrick Utomi?

1 Like

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by oladipupo2234: 7:33pm On Jun 28
The bank that saw the future of car but can't see thier's.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Kobicove(m): 7:41pm On Jun 28
Is this not the guy that was using the bank to pay the salaries of staff of his private company? undecided
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Bullfallo(m): 7:54pm On Jun 28
This bank have innovative ideas.

They were the first to jettison teller book.

Just enter the bank and pick withdrawal slip. You are good to go. Before other bank copied it. In those day you will need to go back home to carry teller book before you can withdraw
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Bimpe29: 8:08pm On Jun 28
Hands of law caught up with them
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by fortune1968: 9:02pm On Jun 28
ffada:
Half cooked beans, watery egusi soup and lebe lebe garri loading...
E fit dey get preferential treatment .You know say e don steal money wella ! This convict no be small thief now .
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Forumobserver12(m): 9:24pm On Jun 28
GeneralPula:
Them chop the bank dry..

Damnnnn..

Nobody chop any Bank dry, what actually happened to the Bank MD is power tussle with the late Yaradua's family, Nigeria is deeper than you think, there was a merger between Platinum Bank and Habib bank owns by Abiola and Yaradua's family, the MD was a victim of boardroom politics.....

Nigeria is deeper than what we see on the surface.....

3 Likes 1 Share

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by WilsonBright935: 9:30pm On Jun 28
Didijiji:
ONE DAY CARS WILL RUN ON WATER na im dey go jail like this ooo

You remember the advert bah? πŸ˜‚πŸ˜‚πŸ˜‚

Na Oga dey run on watery beans now o
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Didijiji: 9:39pm On Jun 28
WilsonBright935:


You remember the advert bah? πŸ˜‚πŸ˜‚πŸ˜‚

Na Oga dey run on watery beans now o
hahahhahahhah
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by wealthyprince(m): 9:45pm On Jun 28
CORRUPTION EVERYWHERE. EVEN ARM ROBBERS NO STEAL 27 BILLION. LEADERS WITH THE WRONG MENTALITY, LIKE POLITICIAN WHO STEAL THE PEOPLE'S COMMON WEALTH ALL IN THE NAME OF ENRICHING THEMSELVES.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by DrTee1(m): 9:45pm On Jun 28
JuanDeDios:

See team! Couldn't get a reversal though. Have they served the jail term already or they will now be hauled into a black maria for transport to jail?

So Baba Wole, Chief and Prof for lose high profile case like this one...


Law is interesting!
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Focusmind: 10:20pm On Jun 28
People that didn't know what transpired are here commenting rubbish. I strongly believed that Sanusi was on a vendetta mission against Erastus Akingbola of Intercontinental Bank, Francis Atuche of Bank PHB and Cecelia Ibru of Oceanic. The three Banks were still meeting their obligations to their customers till the time Sanusi hammer came on them. There may have been some breach of corporate governance but Sanusi's action was excessive and high handed. Those banks wouldn't have collapsed if he had allowed those MDs to steer the banks from any financial crisis. These were seasoned bankers that founded and nurtured those banks. There was no way those CEOs would have allowed their businesses to go under. Sanusi just used his office to get even with those CEOs. It wasn't just about maladministration and lack of corporate governance. Did Sanusi follow all the laid down corporate governance policy of CBN when he was the governor?

4 Likes

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by DonroxyII: 10:57pm On Jun 28
Moroccoguy:
Make them go eat from unlawful beans.
You dey whine 25.7bn & unlawful beans ... e go shock you !
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by chukzyfcbb: 11:27pm On Jun 28
JuanDeDios:

See team! Couldn't get a reversal though. Have they served the jail term already or they will now be hauled into a black maria for transport to jail?
Dr kemi pinheiro too no small, plus his profile says he is always against up against the corrupt individuals within the country.
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Forumobserver12(m): 11:47pm On Jun 28
Morbeta11:
Yar’Adua and Abiola's family money.

Platinum Bank had bigger stake in the merger arrangement, this is why the man retained his position as the GMD after the merger, can we sincerely compare state of Kingston bank today and Bank PHB before the Sanusi script ed takeover that took away the bank.management from Mr.Francis Atuche?
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Forumobserver12(m): 12:01am On Jun 29
Focusmind:
People that didn't know what transpired are here commenting rubbish. I strongly believed that Sanusi was on a vendetta mission against Erastus Akingbola of Intercontinental Bank, Francis Atuche of Bank PHB and Cecelia Ibru of Oceanic. The three Banks were still meeting their obligations to their customers till the time Sanusi hammer came on them. There may have been some breach of corporate governance but Sanusi's action was excessive and high handed. Those banks wouldn't have collapsed if he had allowed those MDs to steer the banks from any financial crisis. These were seasoned bankers that founded and nurtured those banks. There was no way those CEOs would have allowed their businesses to go under. Sanusi just used his office to get even with those CEOs. It wasn't just about maladministration and lack of corporate governance. Did Sanusi follow all the laid down corporate governance policy of CBN when he was the governor?

Most the people commenting negative about the former MD knows nothing about true story..Thanks for your insight...

4 Likes

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by azpekuliar: 4:08am On Jun 29
So the Hubmart brand shall continue to lie fallow for the forseeable future.

1 Like

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by Frankt2024: 6:23am On Jun 29
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by malaria(f): 7:07am On Jun 29
[quote author=Didijiji post=130702328]I dey tells you great idea
Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by JuanDeDios: 8:15am On Jun 29
chukzyfcbb:

Dr kemi pinheiro too no small, plus his profile says he is always against up against the corrupt individuals within the country.
Yeah, Pinheiro too is as big as they come. Don't take the part about him being against corrupt individuals to the bank though. He's just another lawyer - so tomorrow, you could see him out of EFCC and defending Orji Kalu or Diezieni or GY Bello.

1 Like

Re: Supreme Court Affirms Conviction Of Ex-bank PHB MD Atuche by efighter: 8:39am On Jun 29
Opanka44:
Ok.
I still remember this bank in those days where you would be given forms to open a savings account with them without even depositing a dime.

All anks did that. Oceanic Bank even had Cameras at its branches, you just enter the branch with nothing, your picture will be taken by the Customer Service Officer, and that's all, you become an account holder

(1) (2) (3) (Reply)

Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks / Bread Producers Serve Notice Of Imminent Hike In Prices / The Palms Shopping Mall Has Finally Opened

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.