Jail term for ex-Nigeria bank boss
Cecilia Ibru, the former head of Oceanic Bank, is sentenced to 18 months in prison for fraud.

Published On 9 Oct 2010
The former head of a Nigerian bank has been sentenced to 18 months in prison for fraud.
Cecilia Ibru has also been ordered to hand over more than $1b in cash and assets after she pleaded guilty to three of 25 accounts of fraud.
Her conviction is the first in a string of ongoing prosecutions over the near-collapse of nine banks in 2009.
Catherine Soi has more.