Politics 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 Oct. 23.

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

The documents were presented on Friday by Keystone Bank which was subpoenaed by the court.

Addressing the court, Atuche's counsel, Mr Tayo Oyetibo (SAN), said the documents were vital to the defence.

Oyetibo, therefore, asked for an adjournment to enable the defence to examine the documents.

According to the News Agency of Nigeria (NAN), Atuche and his wife, Elizabeth, are standing trial for allegedly stealing N25.7 billion belonging to Bank PHB (now Keystone Bank).

They were being prosecuted by the Economic and Financial Crimes Commission (EFCC) alongside a former Chief Financial Officer of the bank, Ugo Anyanwu.

The accused had earlier pleaded not guilty to the charges
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