Former Managing Director of defunct Bank PHB, Francis Atuche has been freed by a Lagos State High Court.
Mr. Atuche is standing trial with his wife, Elizabeth for an alleged theft of twenty five point seven billion naira
Also freed is a former Chief financial officer of the bank, Ugo Anyanwu who was also being tried.
Mr. Atuche had in September last year denied the allegation leveled against him by the EFCC.
More details later…