A principal prosecution witness recalled by a Lagos High Court sitting in Ikeja, in the on-going trial of former managing director of Bank PHB, Francis Atuche, on Monday, March 4, 2013, disowned a resolution of Future View Securities Limited's board purportedly presented as evidence of a request for a loan from the defunct Bank PHB (now Keystone Bank). The witness, Mrs. Elizabeth Ebi, explained to the court that her company, Future View Securities Limited never pass a resolution requesting a loan from the defunct bank.

The trial of John Yakubu Yusufu, a former Director of Police Pension Office who is being prosecuted before Justice Adamu Bello of the Federal High Court, Maitama, Abuja, by the Economic and Financial Crimes Commission, EFCC, could not go on today, March 4, 2013 following severe discomfort by the accused person that raised fears of ill-health. Consequently, the matter was adjourned to April 22, 2013.

 The Economic and Financial Crimes Commission, EFCC, on Monday, March 4, 2013 arraigned a former Kogi Central Senatorial candidate, Alhaji Abdulazeez Bello Azeez, before Justice Adeniyi Onigbanjo of a Lagos High Court sitting in Ikeja, on a two count charge bordering on conspiracy to obtain money by false pretence and forgery, contrary to section 363 of the Criminal Laws No 34 Vol. 44 Laws of Lagos State of Nigeria, 2011.
He pleaded not guilty to the charges.

An Ogun State High Court sitting in Abeokuta on Friday, March 1, 2013 adjourned proceedings in a case involving a former governor of the State, Otunba Gbenga Daniel till April 22, 2013. The adjournment followed an application by Taiwo Osipitan, SAN, counsel to Daniel asking the court to stay proceedings pending the determination of an appeal filed at the Court of Appeal against Justice Olanrewaju Mabekoje's refusal to quash counts 1-13 of the charges preferred against Daniel relating to fraudulent conversion of the state's land for his personal use.

Adeshina-Adelani-Adekanbi-and-Alh-Abdullahi-Abdulkadir-3The Economic and Financial Crimes Commission today, February 28, 2013 arraigned the duo of Adeshina Adelani Adekanmbi (alias Akin Philips, Philips Adeoba Akin) and Alhaji Abdullahi Abdulkadir Mainasara (alias Alhaji Abubakar, Alhaji Sanda, Gwantu Sani Lima) before Justice Olasumbo Olarenwaju Goodluck of the High Court of the Federal Capital Territory, Zuba, Abuja on a twenty two count charge bordering on intent to defraud and obtain money by false pretence.

The Economic and Financial Crimes Commission, EFCC, on Thursday, February 28, 2013, told a Lagos State High Court sitting in Ikeja, that the former managing director of the defunct FinBank Plc, Okey Nwosu and three of his former directors standing trial for an alleged N20 billion scam used the bank's depositors' funds to purchase shares without the consent of the board of directors of the bank. The other directors are Dayo Famoroti, Danjuma Ocholi and Agnes Ebubedike,

EFCC's witness, Mr. Usman Zakari told the court that the shares were purchased using seven different company names which, according to him, were neither incorporated by the bank nor authorized to carry out the transactions.

 A Federal Capital Territory High Court, presided by Justice Abubakar Sadiq Umar Thursday, February 28, 2013 granted bail to Mustapha Audu, son of former governor of Kogi state, Prince Abubakar Audu who is standing trial alongside his wife, Zahra Audu and their company, Constructor Guild Limited over an N18 million land scam.

The Economic and Financial Crimes Commission, EFCC, Wednesday February 27, 2013 presented two more witnesses in the on-going trial of the former Chairman of the House of Representatives Committee on Capital Markets and Other Institutions, Herman Hembe and his deputy, Chris Ifeanyi Azubogu before Justice Peter Kekemeke of the FCT High Court, Apo, Abuja.

The Economic and Financial Crimes Commission, EFCC, on Tuesday, February 26, 2013 re-arraigned a former Managing Director and Chief Executive of Intercontinental Bank Plc Mr. Erastus Akingbola and one of its associates, Mr. Bayo Dada before Justice Adeniyi Onigbanjo of a Lagos High Court sitting in Ikeja.

 The Economic and Financial Crimes Commission, EFCC, on Tuesday, February 26, 2013, re-arraigned Walter Wagbatsoma, Adaoha Ugo – Ngadi, Fakuade Babafemi Ebenezer. Ezekiel Olaleye Ejidele and Ontario Oil and Gas Nigeria Limited implicated in the fuel subsidy scam before Justice Lateefa Okunnu of the Lagos High Court sitting in Ikeja. The five suspects were arraigned on a nine count charge bordering on altering, forgery, conspiracy and obtaining property by false pretences,.