• Wife of ex-Bank PHB boss, Francis, seeks heavenly intervention as EFCC swoops on her husband
Misery galloped into the life of Elizabeth Atuche and her husband, Francis, just when the days were getting rosier and the nights, more heavenly. After a lifetime of affluence, fate played a rude joke on the duo as Francis, a former Managing Director of Bank PHB Plc, lost his charm and privileged position in the nation’s banking industry in the wake of an anti-graft investigation. Consequently, things became extremely tough and Elizabeth, a former socialite, ditched her airs and abandoned her comfort zone to seek solace in the temple of God. Today, Elizabeth is a staunch believer and ardent church attendant.
Rumour has it that she was forced to seek solace in God because of her husband’s travails. Rather than sit back to enjoy the fruits of his labour for many years as a financial expert, Atuche has been a regular face in court since his inglorious exit as the helmsman at the then Bank PHB. The Economic and Financial Crimes Commission (EFCC) has refused to back down on his case and appears determined to see his back as he matches into jail. Atuche was one of the bank chief executives who allegedly fleeced customers and shareholders of their hard-earned moneys. Atuche is answering court cases bordering on corrupt enrichment and other unethical practices, which allegedly caused Bank PHB to go down and had to be mopped up by AMCON.
