The Economic and Financial Crimes Commission says the trial of three former Managing Directors of defunct banks has received a major boost.
The three bank Managing Directors include Mr. Erastus Akingbola of the defunct Intercontinental Bank, who is accused of stealing N47.1bn; the MD of the defunct Bank PHB, Mr. Francis Atuche, who is accused of stealing N25.7bn; and the MD of the defunct Finbank Plc, Mr. Okey Nwosu, alleged to have stolen N18bn.
The commission said this on its official Facebook page while reacting to its victory against ex-Finbak boss, Nwosu, who failed to stop his trial at the Supreme Court last week.
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