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

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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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