 A legislative high court seating in Nicaragua has frozen the assets and funds to a tune of over 19 billion dollars allegedly kept in 24 banks by a convicted former managing director of the de Fonte Bank PHB, Francis Atouche, Justice Latifar Okuno, made the order secured to an August 17 application by the Economic and Financial Crimes Commissions Council, Kemi Pihero, between the federal government on the one hand and Atouche and Ugo Anyao as force and second defendant. Anyao, a former chief financial officer of the bank, is seven times in jail for laying his conviction and sentenced into six years imprisonment last June the 16th for 25.7 billion naira fraud alongside Atouche, Justice Okuno, while sentenced in the draw last June, or that they should make restitution of the sum of 25.7 billion naira to the federal government to replace the funds stolen from the public to bail out the bank. In another order, she restrained the banks from honoring any such instruction from Atouche and his previous.