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Fun Facts
BANK OFFICIAL DISCLOSES HOW N8.5 BILLION MOVED FROM NIMASA ACCOUNT TO JTF OPERATION PULIO SHIELD.
The EFCC has presented the first witness in the trial of the former Director General of NIMASA, Patrick Ziadeke Akpobolokemi, Major General Emmanuel Atewe and two others before Honourable Justice Saliu Sa'idu of the Federal High Court Lagos.
The witness, Teslim Ajuwol, a compliance officer with Zenith disclosed in his evidence how a total sum of over N8.5bn left the account of NIMASA to the account of Joint Task Force, Operation Pulo Shield where the second defendant was a commander. Teslim made this disclosure when he was confronted with the account statement of the JTF. The account statement showed that the transaction was in five transactions.
The witness further disclosed that there were outflows from the JTF account to several companies. The companies are Jaggan Limited, East Point Integrated Services Limited, Paper House Limited, Jaggan Trading, Al-Nald Limited, Paper Warehouse Limited and De Newlink Integrated Services Limited.
The above companies received a total sum of over N1.9bn from September 3, to 16 2014.
Earlier in the trial, Counsel for the prosecution, Rotimi Oyedepo, attempted to tender the account statement of Jaggan Limited but later withdrew it due to objections raised by the defence counsels. They objected to the admissibility on ground that the document was not certified. When Rotimi moved to withdraw the document, counsels for the first and second defendants objected but Justice Sa'idu upheld the prayer of the prosecution and allowed him to withdraw the document. WITNESS GIVES MORE INSIGHT INTO HOW N8.5 BILLION WAS TRANSFERED
FROM NIMASA ACCOUNT TO JTF OPERATION PULO SHIELD.
The witness, Teslim Ajuwol, a compliance officer with Zenith disclosed in his evidence how a total sum of over N8.5bn left the account of NIMASA to the account of Joint Task Force, Operation Pulo Shield where the second defendant was a commander. Teslim made this disclosure when he was confronted with the account statement of the JTF. The account statement showed that the transaction was in five transactions.
The witness further disclosed that there were outflows from the JTF account to several companies. The companies are Jaggan Limited, East Point Integrated Services Limited, Paper House Limited, Jaggan Trading, Al-Nald Limited, Paper Warehouse Limited and De Newlink Integrated Services Limited.
The above companies received a total sum of over N1.9bn from September 3, to 16 2014.
Earlier in the trial, Counsel for the prosecution, Rotimi Oyedepo, attempted to tender the account statement of Jaggan Limited but later withdrew it due to objections raised by the defence counsels. They objected to the admissibility on ground that the document was not certified. When Rotimi moved to withdraw the document, counsels for the first and second defendants objected but Justice Sa'idu upheld the prayer of the prosecution and allowed him to withdraw the document. WITNESS GIVES MORE INSIGHT INTO HOW N8.5 BILLION WAS TRANSFERED
FROM NIMASA ACCOUNT TO JTF OPERATION PULO SHIELD.
A witness in the trial of Patrick Ziadeke Akpobolokemi, Major General
Emmanuel Atewe, Kime Egozi and one Josephine Otuoga today October 19th
told Federal High Court Lagos how the Major General who is the second
defendant disbursed over N8.5bn from the account of the Joint Task
Force, Operation Pulo Shield domiciled in Zenith Bank Plc.
The witness, Teslim Ajuwol a compliance officer with Zenith Bank made
the disclosure through the account statement of the Joint Task Force,
Operation Pulo Shield where General Emmanuel was a Commander. In the
transaction instruments forwarded to the EFCC by Zenith Bank, it
showed the second defendant and one Lieutenant Ikioubi Oyadugha are
the signatories to the account. He added that all the debit
transactions from the JTF were signed by the two men.
In respect of how the monies were disbursed, Teslim identified
accounts of at least three companies to which part of the monies were
sent to. The companies are; Jaggan Limited, Lord Fem Engineering
Services Limited and First Investment and Property Limited. The
account statements, account opening documents and certificates of
identification of the three companies were identified by the witness
and same admitted into evidence. Also, the transaction instruments
used to debit the JTF account were admitted as exhibit.
At the last adjourned date, the witness told the court that there were
several transactions between the 5th and 16th of September 2014 to the
tune of N1.9bn. At the resumed hearing today, the Teslim added that
there were more transactions between September 24, 2014 and May 18th
2015.
When it was time for cross examination, the defence counsels M.M
Ajuwa, E.I.M Ikuotu SAN and Mathieu G. Oka requested for adjournment.
Their prayer was granted by the court and the case was subsequently
adjourned to November 22 and December 5, 2016 for continuation of
trial.Emmanuel Atewe, Kime Egozi and one Josephine Otuoga today October 19th
told Federal High Court Lagos how the Major General who is the second
defendant disbursed over N8.5bn from the account of the Joint Task
Force, Operation Pulo Shield domiciled in Zenith Bank Plc.
The witness, Teslim Ajuwol a compliance officer with Zenith Bank made
the disclosure through the account statement of the Joint Task Force,
Operation Pulo Shield where General Emmanuel was a Commander. In the
transaction instruments forwarded to the EFCC by Zenith Bank, it
showed the second defendant and one Lieutenant Ikioubi Oyadugha are
the signatories to the account. He added that all the debit
transactions from the JTF were signed by the two men.
In respect of how the monies were disbursed, Teslim identified
accounts of at least three companies to which part of the monies were
sent to. The companies are; Jaggan Limited, Lord Fem Engineering
Services Limited and First Investment and Property Limited. The
account statements, account opening documents and certificates of
identification of the three companies were identified by the witness
and same admitted into evidence. Also, the transaction instruments
used to debit the JTF account were admitted as exhibit.
At the last adjourned date, the witness told the court that there were
several transactions between the 5th and 16th of September 2014 to the
tune of N1.9bn. At the resumed hearing today, the Teslim added that
there were more transactions between September 24, 2014 and May 18th
2015.
When it was time for cross examination, the defence counsels M.M
Ajuwa, E.I.M Ikuotu SAN and Mathieu G. Oka requested for adjournment.
Their prayer was granted by the court and the case was subsequently
adjourned to November 22 and December 5, 2016 for continuation of
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