Justice Lateefa Okunnu of the Lagos State High Court sitting in Ikeja, on Tuesday, January 5, 2021, convicted and sentenced Okey Nwosu, a former Managing Director, Finbank Plc, to three years imprisonment for over N10.9 billion fraud. The Economic and Financial Crimes Commission, EFCC, had arraigned Mr Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma Ocholi on a 26-count amended charge bordering on stealing and illegal conversion to the tune of N10,934,704,402. The defendants, who perpetrated the fraud while they were directors of the bank, pleaded not guilty to the…
Read MoreEX FINBANK MD, OKEY NWOSU, THREE OTHERS JAILED FOR N11BILLION FRAUD
