By Mohammed Bello Doka
In a recent court testimony in the trial of Abiodun Agbele, former aide to ex-governor Ayo Fayose of Ekiti State, witness Aliyu Muhammed Abdulmukadaddas disclosed that a sum of N1.2 billion transferred from the Office of the National Security Adviser was intended for addressing security concerns in Ekiti State, and not for election financing purposes.
Abdulmukadaddas, a retired CBN staff and the 14th prosecution witness, detailed the transfer of funds to Sylvan McNamara Nigeria Limited's Diamond Bank account, stating various amounts previously disbursed from the account.
Under cross-examination, Abdulmukadaddas clarified the verification process employed by the CBN before funds were posted, affirming the legitimate nature of the transactions.
The trial, which involves allegations of money laundering totaling N1.2 billion into Sylvan Mcnamara Ltd's Diamond Bank account, implicates various individuals, including Senator Musiliu Obanikoro and former CEO of Zenith Bank.
The case has been adjourned for further proceedings on May 2 and 3, 2024, under the directive of Justice Nnamdi Dimgba at the Federal High Court in Abuja.
Stay tuned for more updates on this ongoing trial.
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