N125m Fraud: Atuche Absent In Court.

The N125 million fraud trial of a former Managing Director of Bank PHB, Francis Atuche, could not continue on Tuesday due to his absence in court.
 Atuche is being prosecuted by the Economic and Financial Crimes Commission (EFCC) before a Federal High Court in Lagos.
He is standing trial alongside a Managing Director of the former Spring Bank, Charles Ojo, on a 45-count charge.
When the case came up for continuation of trial on Tuesday, Atuche’s Counsel, Mr Abubakar Samsudeen, told the court that his client was in EFCC's custody.
 He sought an adjournment.
Justice Rita Ofili-Ajumogobia granted the prayer and adjourned the case to April 16 for continuation of trial.
However, Ojo was present in court as well as his Counsel, Mr Osahon Idemudia.
 The News Agency of Nigeria (NAN) reports that Atuche and Ojo were re-arraigned before justice Ofili-Ajumogobia on Nov. 14, 2012.
 They allegedly granted fraudulent credit facilities and engaged in shares manipulation and general banking fraud.
Their re-arraignment was due to the re-assignment of the case, following the retirement of Justice Akinjide Ajakaye, who handled it initially.
 The defendants pleaded not guilty to all the counts and were granted bail