Witness details alleged Bauchi fund transfers to private company in accountant-general trial

Summary

A UBA compliance officer told a Federal High Court about alleged transfers from the Bauchi State sub-treasury account into JASFAD Resources Enterprises during the trial of the state accountant-general.

Highlights

• The witness, Williams Abimbola, testified before Judge Obiora Egwuatu in the Federal High Court in Abuja.
• The EFCC said the case involves Sirajo Muhammed Jaja and four others on five money laundering charges.
• Abimbola said three transfers into the JASFAD account were recorded on 29 October 2024, including N13,144,500, N17,169,300 and N46,030,500.
• She also described additional transfers in November and December 2024, including larger credits of N140,087,500, N335,040,000 and N300,000,000.
• The testimony was led by prosecution lawyer Ekele Iheanacho, SAN.