Kogi: How Yahaya Bello’s govt used ₦1.425bn for FX transactions in 2 months – Witness
A prosecution witness in the ongoing trial of former Kogi State Governor, Yahaya Bello, has explained that transactions amounting to ₦1.425bn were carried out for the purchase of foreign currencies in two months. The witness, a Bureau De Change operator, Jamilu Abdullahi, told the Federal Capital Territory High Court sitting in Maitama, Abuja, on Thursday […]
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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