Tag: Bank PHB
How Atuche, Anyanwu looted Bank PHB: Justice Okunnu
Justice Lateefat Okunnu sentences Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six…
Ex-Bank PHB MD Atuche jailed six years over N25.7bn fraud, wife acquitted
An Ikeja High Court has sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank)…
Bank PHB saga: PDP dares Buhari over threat to arrest Atiku
The Peoples Democratic Party Presidential Campaign Organization (PPCO) has described as laughable, President Muhammadu Buhari’s alleged plot to frame the…
Atiku has questions to answer on collapse of Bank PHB – Lai Mohammed
Alhaji Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party(PDP) has questions to answer over slush funds that led…
N25.7bn theft: Power outage stalls Atuche’s trial
Power outage at the premises of the Ikeja High Court on Wednesday stalled the trial of a former Managing Director…
Witness Forced To Testify Against Bank
Henry Ojelu A former staff of Keystone Bank, Mr Uguru Onyike, Tuesday told a Lagos High Court in Ikeja, western…
N25.7b Theft: Court Adjourns Atuche’s Trial
An Ikeja High Court on Friday adjourned the trial of a former Managing Director of Bank PHB, Francis Atuche, till…
Former Bank PHB boss used embezzled N45m to pay church tithes – EFCC
The Economic and Financial Crimes Commission (EFCC) has accused a former managing director of Bank PHB, Mr Francis Atuche, of…
Lawyer’s Absence Stalls Akingbola Trial
The trial of former Managing Director of Bank PHB (now Keystone Bank), Francis Atuche was yesterday stalled as the lead…
NLC Slams CBN Over Failed Banks
The Nigeria Labour Congress, NLC, has said that the Central Bank of Nigeria, CBN cannot absolve itself of blame over…
Atuche’s Trial: EFCC Alleges Bias Against Judge
The Economic and Financial Crimes Commission, EFCC, has accused Justice Adeniyi Onigbanjo, the trial judge in the ongoing theft charge…
Court Grants Atuche Bail
An Ikeja High Court in Lagos on Wednesday granted bail to former Managing Director of Bank PHB, Mr. Francis Atuche,…
Court Slams EFCC Over Arrest Of Ex-Bank MD’s Wife
A Federal High Court sitting in Lagos this morning berated the Economic and Financial Crimes Commission, EFCC, for misuse of…
Court Orders Release Of Ex-Bank PHB Boss’ Wife From EFCC Custody
A Federal High Court sitting in Lagos, this afternoon ordered that the wife of former MD of Bank PHB, Mrs.…
Court Urged To Wind Up Firms
Two limited liability companies, Caverton Offshore Support Group Limited and Caverton Marine Limited, may cease to exist if a Federal…
Bank PHB Wants Court To Wind Up Company
A stock broking firm, Vetiva Capital Management Ltd may cease to exist if a Federal High Court sitting in Lagos…
Vitafoam, Vono MDs May Go To Jail
Bank PHB has commenced committal to prison proceeding against Vital Foam Nigeria Plc and the newly appointed managing director of…
Bank PHB To Take Over Vono
A foremost Nigerian mattress and bed materials manufacturing company, Vono Nigeria Plc, may be liquidated any time from now as…
Nigeria’s Bank PHB Posts Big Loss, First Bank Profit Jumps
LAGOS: Nigeria’s Bank PHB has reported a full year 2009 pre-tax loss of 488 billion naira ($3.25 billion) compared to…
Sanusi Offers 5 Banks For Sale; Bank PHB, Union, Oceanic Listed
Nigerian Central Bank Governor Lamido Sanusi said he expects three international lenders, a number of private equity houses and local…