Jumia

Friday, 1 July 2016

N18bn Share Scam: EFCC wins Ex Finbank MD, Okey Nwosu in Supreme Court

The EFCC today won a major victory in the war against economic and financial crimes as the Supreme Court categorically ruled that Okey Nwosu, former Managing Director of FinBank Plc who is being prosecuted by the EFCC over N18 billion shares scam should face his trial.


Nwosu’s previous victories at the lower court threw spanner into the prosecution of other Bank Chiefs who aligned with his victory to ask that their cases be struck out.

But with this ruling of the apex court today, the trial of the likes of Francis Atuche, formerly of BankPHB and Erastus Akingbola, formerly of Intercontinental Bank

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