The embattled for managing director of Oceanic Bank Plc entered a plea deal with EFCC prosecutors and was subsequently sentenced to a six-month term in jail but will have to forfeit over N191 billion in cash and assets to the government.
The former managing director was charged for several financial offences including money laundering, wire fraud and abuse of office amongst other after she was sacked by the central bank in the wake of the last global melt down.