Court jails micro-finance bank MD for ₦32m fraud

Dailypost | 31-10-2025 05:28am |

A High Court in Adamawa has sentenced Grace Andreas Karka, Managing Director of Bonghe Microfinance Bank, to five years in prison for her involvement in a ₦32 million fraud. Justice Benjamin Lawan Manji found Karka guilty of criminal conspiracy and cheating, following a case filed by the Economic and Financial Crimes Commission (EFCC). According to

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