Jail term for ex-Nigeria bank boss

Cecilia Ibru, the former head of Oceanic Bank, is sentenced to 18 months in prison for fraud.

    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.

    SOURCE: Al Jazeera


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