BREAKING: Court Convicts Former Bank MD, Three Others Over ₦18bn Theft

Logo of a court gavel


The Lagos High Court sitting in Ikeja has convicted a former Managing Director of Finbank plc, Okey Nwosu and three other directors of the bank.

Justice Lateefat Okunnu convicted the four for stealing over ₦18 billion from the bank

In her judgment delivered on Tuesday, the court sentenced three of the convicts to a four-year jail term after ordering them to repay the 18 Billion Naira.

More details to follow…

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