How Money Was Paid From Government Account Into Fraudulent Account

How Money Was Paid From Government Account Into Fraudulent Account –EFCC Witness

Femi Fani-Kayode

A prosecution witness, Shehu Shuaibu, has narrated how funds were transferred form the account of the Federal Ministry of External Affairs to the account of an alleged fraudulent company.

The company, Jointrust Dimension Ltd, was charged alongside Femi Fani-Kayode, former Minister of Aviation.

The Economic and Financial Crimes Commission said the company was used a conduit for illegal funds.

Shuaibu told the Federal High Court in Lagos that the sum of N800m was paid from the ministry's account into an account in the name of the company.

The witness, who is an investigator with the EFCC, gave the evidence at the resumed trial of Fani-Kayode and others facing N4.6bn money laundering charge.

Also charged are a former Minister of State for Finance, Nenandi Usman, Yusuf Danjuma, a former Chairman of the Association of Local Governments of Nigeria.

Jointrust Dimension Ltd is the fourth defendant.

EFCC preferred a 17-count charge of money laundering against the defendants.

They had each pleaded not guilty to the charges and were granted bails respectively.

EFCC has since opened its case and the third prosecution witness, Mr Shehu Shuaibu, was still being examined in chief.

On Tuesday, the prosecutor, Mr Rotimi Oyedepo, continued examination of the third prosecution witness, after the court had earlier rejected an objection to the admissibility of two document tendered through the witness.

At the last adjourned date, the defence had objected to the admissibility of bank document tendered through the witness on the grounds that they were not legible and also not public document

Justice Rilwan Aikawa however, rejected the objection on the grounds that even if the witness was not the maker of the said document, they were gotten in the course of his investigation and therefore admissible.

The court accordingly admitted and marked the document as exhibits 15 and 16 respectively.

In continuation of his evidence, Oyedepo asked the witness to tell the court his findings during investigations.

The witness, who first confirmed that exhibit E8 is the statement of account of Jointrust Dimension Ltd, further told the court that investigations revealed that on January 16, 2015, the sum of N800m was paid into the account of the company.

He told the court that the money came from the Ministry of External Affairs, adding that the signatories to the account were one Darbisu and Benjamin.

He told the court that on January 13, 2015, the sum of N400m was paid from the MEA into same account of Jointrust.

The witness told the court that these monies were paid, whereas investigations revealed that there were no contracts between the ministry and the company to warrant such payment.

Under cross examination, defence counsel, Mr Ferdinard Orbih (SAN), asked the witness who was the author of the entries in exhibit eight and the witness replied that it was the MEA.

In the charge, the defendants were alleged to have committed the offences between January and March 2015.

In counts one to seven, they were alleged to have unlawfully retained over N3.8bn, which they reasonably ought to have known formed part of the proceeds of an unlawful act of stealing and corruption.

In counts eight to 14, they were alleged to have unlawfully used over N970m, which they reasonably ought to have known formed part of an unlawful act of corruption.

Meanwhile in counts 15 to 17, Fani-Kayode and one Olubode Oke, who is said to be at large, were alleged to have made cash payments of about N30m in excess of the amount allowed by law without going through a financial institution.

Besides, Fani-Kayode was alleged to have made payments to one Paste Poster Co (PPC) of No 125 Lewis St., Lagos, in excess of amounts allowed by law.

All offences contravenes the provisions of sections 15 (3) (4), 16 (2) (b), and 16 (5) of the money laundering (prohibition) (Amendment) Act, 2012.

Corruption News AddThis : Original Author : SaharaReporters, New York Disable advertisements :

from All Content
via

These funny food quotes will make you laugh like crazy

Food is not only an essential part of the daily routine but also the most exciting one. We cannot imagine our life without something yummy. How do you make ordinary eating fun and unforgettable? We bring to your attention amazing food quotes which will definitely make you smile. Image: unsplash.com (modified by author) Source: UGC Are you looking for interesting ideas to entertain your interlocutor while having lunch at work or family dinner? Then this article is definitely for you! Good food quotes Below are food quotes, aphorisms and witty statements. This is an exciting and extraordinary collection of the top "pearls of wisdom" on this topic. Here you can find funny jokes and sayings, intelligent thoughts of philosophers and original words of great thinkers and inspiring statuses from social networks, as well as many other things. The best appetite comes without food. I love calories. They are dаmn tasty. An empty stomach is the Devil's playground. Have bre

The Transitional Phase of African Poetry

The Transitional Phase The second phase, which we have chosen to call transitional, is represented by the poetry of writers like Abioseh Nicol, Gabriel Okara, Kwesi Brew, Dennis Brutus, Lenrie Peters and Joseph Kariuki. This is poetry which is written by people we normally refer to as modem and who may be thought of as belonging to the third phase. The characteristics of this poetry are its competent and articulate use of the received European language, its unforced grasp of Africa’s physical, cultural and socio-political environment and often its lyricism. To distinguish this type of poetry we have to refer back to the concept of appropriation we introduced earlier. At the simplest and basic level, the cultural mandate of possessing a people’s piece of the earth involves a mental and emotional homecoming within the physical environment. Poems like Brew’s ‘‘Dry season”, Okara’s “Call of the River Nun”, Nicol’s “The meaning of Africa” and Soyinka’s “Season”, to give a few examples,

The pioneering phase of African Poetry

The pioneering phase We have called the first phase that of the pioneers. But since the phrase “pioneer poets” has often been used of writers of English expression like Osadebay, Casely-Hayford and Dei-Anag, we should point out that our “pioneer phase” also includes Negritude poets of French expression. The poetry of this phase is that of writers in “exile” keenly aware of being colonials, whose identity was under siege. It is a poetry of protest against exploitation and racial discrimination, of agitation for political independence, of nostalgic evocation of Africa’s past and visions of her future. However, although these were themes common to poets of both English and French expression, the obvious differences between the Francophone poets and the Anglophone writers of the 1930s and 1940s have been generally noted. Because of the intensity with which they felt their physical exile from Africa, coupled with their exposure to the experimental contemporary modes of writing in F

EDUPEDIA247

Search This Blog