Utomi, EFCC disagree over 2007 campaign funding
EFCC Politics, Latest Politics Tuesday, September 17th, 2013
-punch
Former Chairman of Bank PHB (now Keystone Bank), Prof. Pat Utomi, and the Economic and Financial Crimes Commission on Tuesday disagreed over the funding of his 2007 presidential campaign.
The EFCC, through its counsel, Mr. Kemi Pinhero(SAN), said the defunct PHB had granted a N2.7bn loan to Baywood Continental Limited, also chaired by Utomi during the period of his campaign.
Utomi was testifying during the trial of former Managing Director of the bank, Mr. Francis Atuche; his wife, Elizabeth, and a former Chief Financial Officer of the bank, Mr. Ugo Anyanwu.
The three were charged to court by the EFCC for allegedly stealing N25.7bn belonging to Bank PHB.wp_posts
Related Posts
- Police officer, Newton Isokpehi, who threatened to kill citizens over video recording arrested in Anambra State
- APC Primaries: 50 Powerful Reps among losers
- 2027: Jonathan back in the race as PDP confirms lone presidential screening
- Abdication: Security: If Trump can’t do it alone, who am I – Tinubu
- We won’t remove Oluremi Tinubu as ordained Pastor due to political pressure — Adeboye
Short URL: https://newnigerianpolitics.com/?p=32513
Posted by admin
on Sep 17 2013. Filed under EFCC Politics, Latest Politics.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
