Again, EFCC witness says no law breached in fund withdrawals by Kogi State.
The fourth prosecution witness of the Economic and Financial Crimes Commission EFCC in the alleged money laundering trial of the immediate past Governor of Kogi State, Yahaya Bello, has re-affirmed that fund withdrawals by the state government did not breach any banking law.
During cross-examination before Justice Emeka Nwite of the Federal High Court in Abuja on Monday, Mshelia Arhyel Bata, a compliance officer with Zenith Bank, also reiterated that the name of the former governor did not appear as beneficiary in the account presented as evidence.
The Defence Counsel, Joseph Daudu, SAN, had drawn the witness’ attention to certain withdrawals by one Umar Comfort Olufunke, which the prosecution did not mention.
The prosecution had concentrated on withdrawals by Abdulsalam Hudu, the Cashier of Kogi State Government House.
The withdrawals, in multiples of N10 million, were between December 2017 and April 2018, with beneficiaries being various hotels in Kogi State, according to the witness.
On cross-examination, the witness also confirmed withdrawals by one Alhassan Omakoji between November 2021 and December 2022, which did not exceed N10 million per withdrawal.
He said the withdrawals were in line with the limits set by the Central Bank of Nigeria CBN.
He admitted that he was not aware of any law that regulates how Kogi State Government spends its money or allocation.
The fourth prosecution witness of the Economic and Financial Crimes Commission EFCC in the alleged money laundering trial of the immediate past Governor of Kogi State, Yahaya Bello, has re-affirmed that fund withdrawals by the state government did not breach any banking law.
During cross-examination before Justice Emeka Nwite of the Federal High Court in Abuja on Monday, Mshelia Arhyel Bata, a compliance officer with Zenith Bank, also reiterated that the name of the former governor did not appear as beneficiary in the account presented as evidence.
The Defence Counsel, Joseph Daudu, SAN, had drawn the witness’ attention to certain withdrawals by one Umar Comfort Olufunke, which the prosecution did not mention.
The prosecution had concentrated on withdrawals by Abdulsalam Hudu, the Cashier of Kogi State Government House.
The withdrawals, in multiples of N10 million, were between December 2017 and April 2018, with beneficiaries being various hotels in Kogi State, according to the witness.
On cross-examination, the witness also confirmed withdrawals by one Alhassan Omakoji between November 2021 and December 2022, which did not exceed N10 million per withdrawal.
He said the withdrawals were in line with the limits set by the Central Bank of Nigeria CBN.
He admitted that he was not aware of any law that regulates how Kogi State Government spends its money or allocation.
Again, EFCC witness says no law breached in fund withdrawals by Kogi State.
The fourth prosecution witness of the Economic and Financial Crimes Commission EFCC in the alleged money laundering trial of the immediate past Governor of Kogi State, Yahaya Bello, has re-affirmed that fund withdrawals by the state government did not breach any banking law.
During cross-examination before Justice Emeka Nwite of the Federal High Court in Abuja on Monday, Mshelia Arhyel Bata, a compliance officer with Zenith Bank, also reiterated that the name of the former governor did not appear as beneficiary in the account presented as evidence.
The Defence Counsel, Joseph Daudu, SAN, had drawn the witness’ attention to certain withdrawals by one Umar Comfort Olufunke, which the prosecution did not mention.
The prosecution had concentrated on withdrawals by Abdulsalam Hudu, the Cashier of Kogi State Government House.
The withdrawals, in multiples of N10 million, were between December 2017 and April 2018, with beneficiaries being various hotels in Kogi State, according to the witness.
On cross-examination, the witness also confirmed withdrawals by one Alhassan Omakoji between November 2021 and December 2022, which did not exceed N10 million per withdrawal.
He said the withdrawals were in line with the limits set by the Central Bank of Nigeria CBN.
He admitted that he was not aware of any law that regulates how Kogi State Government spends its money or allocation.
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