N2.8bn Fraud: How Nigeria’s Ex-aviation Chief Allegedly Laundered Funds” – Witness
Teslim Ajuwon, a prosecution witness, on Friday told Justice Babs Kuewumi of the Federal High Court, Ikoyi, Lagos, how defendants allegedly laundered funds. Mr Ajuwon is a Compliance Officer with Zenith Bank Plc. He is a witness in the ongoing trial of Ibrahim Abdulsalam, a former Managing Director, Nigeria Airspace Management Agency (NAMA).
Mr Abdulsalam is facing trial alongside Nnamdi Udoh (still at large), Adegorite Olumuyiwa, Segun Agbolade, Clara Aliche, Joy Ayodele Adegorite, Randville Invesment Limited and Multeng Travels and Tours Limited for allegedly conspiring to induce the agency to deliver N2.8 billion to Deposit Limiter, Air Sea Delivery Limited and Sea Schedule Shedukee Systems Limited under the pretext that the money represented the cost of clearing NAMA’s consignments.
At the resumed hearing June 22, Mr Ajuwon told the court that his bank received a request from the EFCC between February and May 2016, asking for the account opening documents, statements of accounts and certificate of identification of the 6th, 8th, 10th and 12th defendants. He said the bank responded accordingly
Led in evidence by the prosecution counsel, Nnemeka Omewa, the witness narrated how Mr Abdusalam allegedly used an account of a staff of NAMA, one Felicia Nnenna, to launder the agency’s funds via the accounts of the 9th defendant, Multeng Travels and Tours Limited and Agbolade.
He said: “On January 2, 2013, there was an inflow of N9.8million and another inflow of N8.5million into the NAMA account.
“The sum of N5.7 million was transferred into Nnenna’s account on the same date, while two outflows of N15.3 million and N10 million were made into the account of the 9th defendant, Multeng, on January 8, 2013.
“There was also an inflow of N8.6 million into NAMA account, while N2.5 million was transferred into Nnenna’ account on the same day. ”
The witness also told the court that, on March 11, 2013, a sum of N10.9 million was transferred into the account of the 3rd defendant, Agbolade, adding that “On March 13, 2013, an inflow of N2.9 million was made into NAMA account and the same amount was moved to the account of the 9th defendant, Multeng, on the same date.
“Another inflow of N3.3million was also made into the NAMA account and N2.9m was transferred from the money to the 3rd defendant’s account.
“There was a cash withdrawal of N500, 000 by Nnenna on the same date.”
Giving further evidence, Mr Ajuwon added that “There was an inflow of N9.8m into the NAMA account on April 23, 2013.
“Also, there was an inflow of N12.6million and another N7.2 million into the NAMA account on May 24, 2013.
“The sum of N25.5 million was transferred into Agbolade’s account on May 27, 2013.
” Finally, there was a N17.2million inflow into the NAMA account on June 19, 2013 .
“The sum of N17 million was transferred to the 3rddefendant, Agbolade, on June 20, 2013.”
The case was adjourned to October 8 for continuation of trial.