US EditionNigeria: Again, EFCC Witness Says No Law Breached in Fund Withdrawals By Kogi Govt
An EFCC witness confirmed that Kogi State government withdrawals adhered to Central Bank of Nigeria limits, with no evidence of former Governor Bello benefiting from the accounts.
- On Monday, Mshelia Arhyel Bata, Compliance Officer with Zenith Bank, told the Federal High Court in Abuja withdrawals by Kogi State complied with Central Bank limits and did not breach banking law.
- During cross-examination Monday, the defence pointed to withdrawals by Umar Comfort Olufunke that the prosecution had not referenced, while the prosecution focused on Abdulsalam Hudu, cashier of the Kogi State Government House.
- Exhibit 22A, spanning pages 24 to 413, indicates Yahaya Bello, former Governor of Kogi State, was not listed as a beneficiary in the account documents presented.
- After testimony, the prosecution said it had no re‑examination and the witness was discharged by the court; subpoenas and account statements, including an Eco Bank subpoena and Jan. 1 to Jan. 31, 2016 statement for Moses Ailetu's companies, were admitted.
- Daudu prayed the court to remove extraneous documents after the defence objected to 12 purported extractions, while the witness admitted he could not determine many Kogi Government transactions' purposes.
13 Articles
13 Articles
Nigeria: Again, EFCC Witness Says No Law Breached in Fund Withdrawals By Kogi Govt
An EFCC witness, Mshelia Arhyel Bata, in the alleged money laundering trial of former Governor Yahaya Bello of Kogi, on Monday, re-affirmed that fund withdrawals by the state government did not breach any banking law.
Again, EFCC Witness Says No Law Breached In Fund Withdrawals By Kogi Govt
An EFCC witness, Mshelia Arhyel Bata, in the alleged money laundering trial of former Governor Yahaya Bello of Kogi, on Monday, re-affirmed that fund withdrawals by the state government did not breach any banking law. Bata stated this while being cross-examined by the ex-governor’s counsel, Joseph Daudu, SAN, before Justice Emeka Nwite of the Federal High Court in Abuja. He also admitted that Bello’s name did not appear as beneficiary in the acc…
Yahaya Bello’s money laundering trial: EFCC confirms Kogi State fund withdrawals were legal
The ongoing money laundering trial of former Kogi State Governor Yahaya Bello took a key turn on Monday as the fourth prosecution witness reaffirmed that withdrawals by the state government did not breach any banking regulations. Testifying before Justice Emeka Nwite of the Federal High Court in Abuja, Mshelia Arhyel The post Yahaya Bello’s money laundering trial: EFCC confirms Kogi State fund withdrawals were legal appeared first on National Ac…
EFCC Trial: Witnesses Confirm No Evidence Linking Ex-Governor Bello to Cash Deposits — Akelicious
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, a compliance officer with one of the commercial banks, Mshelia Arhyel Bat…
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