The managing director of Bonghe Micro Finance Bank, Grace Andreas Karka, has been sentenced to five years’ imprisonment. Justice Benjamin Lawan Manji of the Adamawa State High Court gave the judgement.
Karka was prosecuted on two-count charges bordering on criminal conspiracy and cheating to the tune of N32 million. The Gombe Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) filed the two-count charges against the bank’s MD.Read Original