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Lagos State High Court sitting in Ikeja, the state capital, has convicted a former Managing Director of Finbank plc, Okey Nwosu.
Nwosu was convicted alongside three other directors of the bank.
The presiding judge, Justice Lateefat Okunnu, convicted the four for stealing over ₦18 billion from the bank.
In a judgement delivered on Tuesday, Justice Okunnu sentenced three of the convicts to a four-year jail term.
The judge also ordered them to repay the stolen sum.