Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Court grants Atuches extension of time

24 May 2013, 16:42

Ikeja- An Ikeja High Court on Friday granted a former Managing Director of Bank PHB, Francis Atuche, and his wife, Elizabeth, an extension of time to file no-case submission applications.

The News Agency of Nigeria (NAN) reports that the Atuches were charged to court for allegedly stealing N25.7 billion belonging to Bank PHB (now Keystone Bank).

The couple was arraigned on May 17, 2011, by the Economic and Financial Crimes Commission (EFCC), alongside a former chief financial officer of the bank, Ugo Anyanwu.

The EFCC, led by Kemi Pinhiero (SAN), had on March 4 closed its case against Atuche and his co-accused persons, after calling 12 witnesses to give oral evidence in court.

Six other witnesses were issued subpoenas to tender some documents which were admitted as exhibits by the court.

The accused persons had, however, argued that the prosecution failed to establish the charge against them, following which the judge, Justice Lateefat Okunnu, gave them 14 days to file their no-case submission applications.

However, on Friday, counsel to the Atuches, Anthony Idigbe (SAN), asked the court for an extension of time to file all the necessary processes.

Idigbe said the set-back was caused by the crash of his computer which led to the loss of some valuable information regarding the trial of his clients.

Pinheiro, who had earlier opposed the application, withdrew his objection and the request was granted by the judge.

NAN reports that the judge also granted the EFCC an extension of time to regularise its objection to the no-case submission filed by Anyanwu.

She adjourned the matter till June 26 for hearing of the pending applications.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...