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Forgery: EFCC Arraigns Bank Chiefs
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former Managing Director of Bank PHB, Francis Atuche, over alleged forgery.
Atuche was charged before Justice Adeniyi Onigbanjo of an Ikeja High Court on nine count charges of forgery.
He was arraigned alongside two employees of the Central Shared Services Centre of Keystone Bank Ltd., Joachim Nnosiri and Uguru Onyike.
EFCC counsel, Mr Ben Ubi alleged that the accused had on March 4, in Lagos, forged board resolutions, purportedly emanating from Futureview Securities Ltd.,Tradjeck Ltd. and Extra Oil Ltd.
Ubi said the board resolutions were said to have been duly signed by the Managing Director of the three companies, Mrs Elizabeth Ebi and addressed to Keystone Bank.
He said the forged board resolutions, was the request of a N10.9 billion credit facility from the bank.
According to him, Nnosiri and Onyike, acting on behalf of Atuche, had attempted to smuggle the board resolutions into Keystone Bank headquarters in Victoria Island, Lagos.
Ubi said the documents were allegedly forged by the accused persons to weaken EFCC’s case against Atuche in another criminal matter that alleged he granted hoax loans to the companies.
He said the offence contravened Sections 361 and 409 of the Criminal Laws of Lagos State 2011.
The accused all pleaded not guilty to the charges.
Counsel to the accused, Chief Tayo Oyetibo (SAN), Clement Onwuenwunor and Bamidele Adewunmi, urged the court to grant them bail on liberal terms.
Ubi told the court that he was served the bail applications in court and needed time to respond.
The judge, therefore, directed the accused to go home and come back for arguments on their bail applications.
He, then, fixed today, for hearing of Atuche’s application for bail while those of the other two accused would be heard on March 28.
Our correspondent recalls that Atuche is standing trial in two other cases before the Ikeja High Court.
He is being prosecuted alongside his wife, Elizabeth Atuche and a former Chief Financial Officer of Bank PHB, Ugo Anyanwu, before Justice Lateefat Okunnu.
The EFCC alleged that Atuche and his co-accused had allegedly stolen N25.7 billion, belonging to the bank, through the granting of hoax loans, including the N10.9 billion transaction.
The former bank chief is also being tried before Onigbanjo for allegedly conspiring with two former directors, Funmi Ademosun and Lekan Kasali, to steal N4.2 billion and N7.2 billion from the bank.
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I’m Committed To Community Dev – Ajinwo
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RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
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Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.