- An EFCC witness has revealed how former governor of Adamawa State, Murtala Nyako was involved in the N29 billion fraud
- Mr Agati, a banker with the Guaranty Trust Bank, GTB, who was led in evidence by counsel to the EFCC, Rotimi Jacobs
- He told the court how the EFCC wrote his bank in 2014, requesting for the account opening document
The former governor of Adamawa state, Murtala Nyako, who is facing trial for alleged N29 billion fraud might be in more trouble than he bargained for.
Wueng Agati, a witness of the Economic and Financial Crimes Commission (EFCC) while speaking in court on Tuesday, May 2 told Justice Okon Abang of the Federal High Court, Abuja how N1.2 billion was credited into two accounts allegedly connected to the former governor.
According to Premium Times, Mr Agati, who works with Guaranty Trust Bank (GTB), gave the name of the accounts as Blue Ribbon and Babangida Inuwa.
Narrating his story, Mr Agati said:
“In 2014, the EFCC wrote to GTB, requesting for account opening and statement of accounts of Mainstream Energy Limited, Dantshoho Hotel Limited, Alkali Mahmoud, Tower Asset Management Limited, Dantshoho Petroleum Marketing Company Limited, Babangida Inuwa and Blue Ribbon. We generated the documents and forwarded them to the EFCC.”
He then gave a breakdown of how the over N1 billion was credited into the accounts of Blue Ribbon and Babangida Inuwa, saying:
“Blue Ribbon account was first credited with N10million by CIFT FSDH; On December 17, 2012, N20million was paid into the same account by same CIFT FSDH.
"On December 28 2012, N40million was credited to Blue Ribbon by CIFT/FSDH; The account also got credited with N50million each on February 19, 2013, and March 12, 2013 by CIFT/FSDH.
“On April 17, 2013 N14 million was paid into the account (Blue Ribbon) in four tranches. The first tranche of N1million was marked cash deposit by (Blue Opal) by Jelilat Ibrahim.
"The second lodgement was also N1 million, which was marked cash deposit (Blue Opal Nigeria Limited).
"The third lodgement was N10 million and marked customer deposit cheque (Tower Asset Managing Limited/Blue Ribbon Multi links Limited), while the fourth lodgement of N2 million was marked customer deposit cheque (Tower Asset management Limited/Blue Ribbson Muiltilinks Limited.”
Mr. Agati concluded by saying: “On November 12, 2013, a sum of N1,015,740,000 (One billion, Fifteen Million, Seven Hundred and Forty Thousand Naira) was transferred from the account (Babangida Inuwa) to another bank.”
NAIJ.com gathered that Justice Abang adjourned to May 3, 2017 for further hearing. Meanwhile, there are reports that apartment 7B in Osborne Towers where the EFCC discovered $43.4m may be sold.
READ ALSO: DSS accuse EFCC of protecting Kingsley Kuku
NAIJ.com earlier reported that a Presidential Investigative Committee is probing the suspended Director-General of the National Intelligence Agency (NIA), Amb. Ayo Oke, over the cash and the Secretary to the Government of the Federation (SGF), Babachir Lawal, for a N200million contract awarded to a company, Global Vision Limited, linked with him.
It was learnt that a directive had been given to the agency to put the apartment in the property market.
With the increasing cases of corruption, what is the appropriate punishment for those found guilty? Watch this NAIJ.com video as Nigerians share their opinions: