A former Head of Treasury at the Diamond Bank Plc, Lagos, Olaitan Fajuyitan, on Monday told the Federal High Court, Maitama, Abuja, presided over by Justice Nnamdi Dimgba, how his team internally processed the sum of N1.2 billion acting on the transfer instruction given to them by Abiodun Agbele, who is a signatory to the Sylver McNamara Limited’s account.
Browsing: Abiodun Agbele
The trial of Abiodun Agbele, an aide to a former Governor of Ekiti State, Ayodele Fayose, continued on March 28, 2019 with a prosecution witness narrating how he coordinated the movement of the N1.2 billion slush fund in the build-up to the Ekiti State governorship election in 2014.
Sunday, a manager and Branch Head of the Zenith Bank Plc, Akure, whose evidence started on October 27, 2016, maintained that the N1,219,490,000 conveyed via two aircrafts were handed over to him by the first defendant (Agbele)
Agbele along with Sylvan Mcnamara Ltd, De Privateer Ltd and Spotless Investment Ltd are being prosecuted by the Economic and Financial Crimes Commission
They conspired among themselves, according to the EFCC, to commit the illegal act of laundering N4,685,723, transferred from the Office of the National Security
Justice Nnamdi Dimgba of the Federal High Court, Abuja gave the ruling on Wednesday
Agbele has been in the detention of the Economic and Financial Crimes Commission since June 27, 2016 when he was arrested by its operatives
The duplexes, estimated at N1.350 billion, include four in Lagos and two in Abuja
Fayose is being investigated by the EFCC for allegedly receiving the N1.219 billion through the Office of the National Security Adviser for his campaign in 2014, an amount said to be part of the N4.7 billion allegedly diverted from the ONSA under Colonel Sambo Dasuki
In a court action instituted on his behalf by Chief Mike Ozekhome (SAN) and Olalekan Ojo, Agbele prayed an Abuja High Court to award him N500 million as compensatory damages for his unlawful arrest and detention
The seven houses, as first exclusively reported by The Eagle Online, were bought by Fayose in a space of six months
Agbele was arrested on June 27 by the Economic and Financial Crimes Commission