BDC operator explains roles in payment of Yahaya Bello’s children’s dollar-priced school fees
The EFCC suspects that the money is part of about N110.4 billion Mr Bello and his alleged co-conspirators allegedly diverted from the Kogi State treasury. The post BDC operator explains roles in payment of Yahaya Bello’s children’s dollar-priced school fees appeared first on Premium Times Nigeria .
A prosecution witness in the trial of former Kogi State Governor Yahaya Bello revealed that between December 15 and February 21, 2022, there were transactions totaling ₦1.425 billion executed for foreign exchange purposes. The witness, Jamilu Abdullahi, a Bureau De Change operator, testified that he delivered the purchased foreign currencies to Abba Adaudu.
The Economic and Financial Crimes Commission is prosecuting Bello alongside Umar Shuaibu Oricha and Abdulsalami Hudu on a 16-count charge involving ₦110.4 billion. Abdullahi identified multiple cash lodgments and transfers into accounts associated with him, Adaudu, and his company, Kunfayakun Global Limited. He also testified about transfers to Kunfayakun Global Limited, Ejadams Essence Limited, and other entities, all attributed to Adaudu.
Abdullahi denied personally making the deposits and confirmed that the transactions were for foreign exchange purposes. The witness provided receipts for school fee payments to the American International School, Abuja on behalf of Adaudu's children. The trial is currently adjourned until October 27 and November.
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