Impossible Is Nothing

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That was Bank PHB's slogan. It was also, apparently, their lending policy. N25.7 billion in loans to companies that didn't exist, signed off by the CEO, covered up by the CFO, and discovered only after the entire Nigerian banking sector nearly collapsed. This episode tells the story of Francis Atuche, the 2009 banking crisis, and the twelve-year trial that followed — built from EFCC testimony, court transcripts, and a judge who called the defendant's behaviour "the art of subterfuge." Read My…