• About
  • Advertise
  • Contact
Friday, August 22, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Judiciary

How N3bln Belonging To Kogi LGs Was Diverted, Laundered – EFCC Witness

Vital News by Vital News
April 9, 2025
in Judiciary
0
7 Suspects Remanded In Prison Over Murder Of Offa Health College Student
Share on FacebookShare on Twitter

The Sixth Prosecution Witness, Remigius Egu, in the trial of Ali Bello, Yakubu Isiaka Adabenege, Abba Adaudu and Iyada Sadat has narrated how Three Billion Naira (N3 billion) belonging to the 21 local government councils in Kogi State were diverted and laundered by the suspects.

Egu on Tuesday made the revelation before Justice Obiora Egwuatu of the Federal High Court, Abuja, that the funds was diverted and laundered through private accounts.

The Economic and Financial Crimes Commission (EFCC ) is prosecuting the suspects on 18-count charge, bordering on money laundering and misappropriation of public funds to the tune of over N3 billion.

Bello, the first defendant is nephew of the former Kogi State, Yahaya Bello as well as the current Chief of Staff to the incumbent Governor Usman Ododo.

Led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN, the witness, a Compliance Officer with Zenith Bank identified documents marked “Exhibits E and E1” as having originated from Zenith Bank.

RelatedStories

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison

Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air

Female Air Passenger, Comfort Emmanson, Arraigned, Remanded In Kirikiri Prison

He also confirmed that a letter dated March 16, 2022, addressed to the EFCC Zonal Commander, pertained to an account belonging to a customer, Adabenege, the second defendant, and contained transaction evidence from the bank.

In his breakdown of the transactions, the witness told the court that multiple inflows of large sums of money from several Kogi State LGAs were traced to the account of Korforte Concept Limited on October 4, 2023.

These he said were as follows: Ogori Magongo LGA: N14,844,640.57; Ibaji LGA: N18,629,944.51; Adavi LGA: N20,887,557.54; Kogi LGA: N17,929.59; Kabba/Bunu LGA: N18,460,569.12; Ajaokuta LGA: N22,764,334.70; Okene LGA: 20,758,710.37; Yagba West LGA: N18,234,063.61; Ofu LGA: N21,368,633.69. “My Lord, all the inflows were received on October 4, 2023,” he said.

Before the inflows, the witness disclosed that the balance in the Korforte Concept Limited account was a mere N7,370 (Seven Thousand, Three Hundred and Seventy Naira) and that on the same day, a transaction of N110 million was made from the account to Adaudu one of the defendants.

He further revealed that on October 5, 2018, more funds were funnelled into the same account from additional LGAs that included: Igalamela/Odolu LGA: N19,480,651.20; Olamaboro LGA: N19,089,517.01; Dekina LGA: N23,373,201.67; Ibaji LGA: N15,653,631.39; Omala LGA: N16,876,252.03; Lokoja LGA: N20,591,073.74.

He also disclosed that a transfer of N21.9 million to one Musa Omuya was made from the account that same day.

Further in his testimony, the witness disclosed that there were more inflows into the account on October 8, 2018, being N17,369,243.52 from Ijumu LGA and N17,471,549.57 from Bassa LGA.

On October 10, 2018, he said that transactions from the account showed N10 million, wired to Musa Omuya and N5.1 million and N5 million, respectively, wired to Adaudu.

Earlier in the proceedings, the Fifth Prosecution Witness, Oyinkosola Akerele Shukurat, the Managing Director of Forza Oil and Gas Limited, disclosed that the company, which also engages in foreign exchange transactions, received a payment from a customer, named Abdul Bashir for the purchase of U.S. dollars.

She further disclosed that the dollars that were procured were sent to four beneficiaries, three of whom were identified as Fatima Bello, Na’ima Bello, and Zara Bello, for the payment of their school fees at the American International School (AIS), totalling $139,000.

When shown Page 14 and 15 of “Exhibit D” series, the witness identified a payment of $49,600, with $44,700 sent to AIS on behalf of Fatima Bello.

On Page 23 of the same exhibit, she confirmed another $44,700 payment for Fatima Bello.

The final transaction, according to her, was $44,700 for Na’ima Bello.

She was cross-examined by defence counsel A.M. Aliyu, SAN and Nureini Jimoh, SAN.

Justice Egwuatu adjourned the matter till May 5, 19, 20, and 21, 2025, for continuation of trial. (vitalnewsngr.com)

Tags: divertfundsKogiLGsloot
Previous Post

16,000 Medical Doctors Exit Nigeria In Five Years – Pate

Next Post

Bandits Take Over, Rename 64 Communities In Plateau

Vital News

Vital News

RelatedStories

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba,  N1.07bln Salary Arrears
Judiciary

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

August 22, 2025
NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison
Crime

NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison

August 19, 2025
Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air
Judiciary

Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air

August 12, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Female Air Passenger, Comfort Emmanson, Arraigned, Remanded In Kirikiri Prison

August 11, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Crime

5 AL Shabab Terrorist Group Members In Kogi State Arraigned Over 2022 Attack On Owo Catholic Church

August 11, 2025
Next Post
Bandits Take Over, Rename 64 Communities In Plateau

Bandits Take Over, Rename 64 Communities In Plateau

NACA DG Assures Of Availability Of HIV Drugs In Nigeria

NACA DG Assures Of Availability Of HIV Drugs In Nigeria

Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor

11 PDP Governors File Suit At Supreme Court To Challenge Declaration Of Emergency In Rivers State

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Oyo Pays N1.5bln Gratuity To 537 Retirees

Makinde Dissolves Cabinet, Sacks Political Appointees

2 years ago
MR PRESIDENT, YOUR ADDRESS DID NOT ADDRESS –  Taofiq Adesina Azeez

Buhari Calls For End To Killings, Violence In Benue

2 years ago

Nigeria Reports 12.9 million Cyber Attacks During Presidential Election

2 years ago
Group Asks APC, PDP, Other Parties To Pick Governorship Candidates From Kogi West

Group Asks APC, PDP, Other Parties To Pick Governorship Candidates From Kogi West

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

Abia Secures $750mln World Bank Support For Renewable Energy

Woman Mistaken For Kidnapper Killed By Irate Mob In Ilorin

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

Trending

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba,  N1.07bln Salary Arrears
Judiciary

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

by Vital News
August 22, 2025
0

The Court of Appeal sitting in Abuja has again ordered the Kogi State government to pay Simon...

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

August 22, 2025
KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos

KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos

August 22, 2025
President Tinubu Jets Out On State Visit To Saint Lucia, Brazil

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

August 21, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

Abia Secures $750mln World Bank Support For Renewable Energy

August 21, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears August 22, 2025
  • First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing August 22, 2025
  • KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos August 22, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In