The Court of Appeal sitting in Lagos has upheld the judgment of a State High Court which sentenced two officials of Keystone Bank, Anayo Nwosu and Olajide Oshodi, to five years imprisonment over an N855m fraud.

Justice Folasade Ojo who delivered the unanimous judgment on behalf of the panel, held that the separate appeals filed by Nwosu and Oshodi against their conviction by Justice Kudirat Jose was lacking in merit.

Justice Olukayode Bada and Justice Paul Bassi are the two other Justices on the panel.

In the judgment, the appellate court resolved the three issues formulated for determination in favour of the Economic and Financial Crimes Commission (EFCC).

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