Browsing: Francis Atuche

The Judge gave the order on August 31, 2021 following an ex parte application filed by the Economic and Financial Crimes Commission on August 17, 2021.

The judge held that the Economic and Financial Crimes Commission proved beyond reasonable doubt that the convicts committed the fraud

A Federal High Court in Lagos will on November 11, resume trial of a Managing Director of the defunct Bank PHB, Francis Atuche, standing trial over N125 billion fraud.

In a unanimous ruling, Justice Ejembi Eko held that the September 2016 order of the Court of Appeal, Lagos, directing the Chief Judge of Lagos State to re-assign the case to a new judge remained nullified.

Also, Chief Anthony Idigbe (SAN) and Victor Obaro announced their appearances for Atuche and Ojo respectively.
The prosecution, thereafter, applied for a date for trial

The judge had on March 2 fixed Monday for ruling on Atuche’s application but could not deliver the ruling after Adesina informed the court of the EFCC’s pending application

Saidu said that the provision offended Section 36 of the 1999 Constitution as it tended to undermine the accused person’s rights

Atuche, who was testifying before Justice Lateefat Okunnu of an Ikeja High Court at his trial, told the court that it was absurd to label him a thief

Onyike made the claim while testifying before Justice Lateefat Okunnu of an Ikeja High Court at the resumed trial of Atuche in Lagos

Atuche, a former Managing Director of the defunct Bank PHB, is standing trial alongside Ojo, a former Managing Director of the defunct Spring Bank Plc, on an amended 45-count charge bordering on fraud

Atuche and his wife, Elizabeth, are standing trial for allegedly stealing N25.7 billion belonging to Bank PHB, now Keystone Bank

Justice Lateefat Okunnu, in her ruling, held that Section 273 of the Administration of Criminal Justice Law prohibited her from entertaining the application

The re-arraignment followed the transfer of the case from Justice Rita Ofili-Ajumogobia, to a new judge, Justice Saliu Saidu

They are facing prosecution for allegedly stealing N4.2 billion belonging to Caverton Helicopters Limited in September 2007, through unauthorised sales of its shares

The case, which was initially before Justice Rita Ofili-Ajumogobia, has now been transferred to Justice Saliu Saidu

Justice Adeniyi Onigbanjo announced the date after hearing arguments from both the counsels of the Atuche and the Economic and Financial Crimes Commission on whether or not the charge should be dismissed

Atuche and his wife, Elizabeth, are standing trial alongside a former Chief Financial Officer of the bank, Ugo Anyanwu, for theft

Atuche is standing trial alongside Funmi Ademosun, a former director of the bank, for allegedly stealing N4.2 billion belonging to Caverton Helicopters Limited, in September 2007

Okunnu gave the assurance following the claim by Atuche’s counsel, Chief Anthony Idigbe (SAN) and Tayo Oyetibo (SAN), that their client was not being given fair trial

Justice Lateefat Okunnu adjourned the case to enable Atuche’s lawyers to examine some documents relating to the trial