An EFCC witness has presented banking documents in the N3 billion money laundering case involving Ali Bello, nephew of Yahaya Bello.
NAIRAMETRICS
A witness from the Economic and Financial Crimes Commission (EFCC) on Tuesday presented banking documents in the ongoing trial of Ali Bello, nephew of Kogi State Governor Yahaya Bello, and others over alleged N3 billion money laundering. The trial, held at the Federal High Court in Abuja before Justice Obiora Egwuatu, also involves Abba Daudu, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida Bello (at large).
The EFCC alleges that in June 2020, the defendants procured E-Traders International Limited to retain the sum of N3,081,804,654.00, suspected to be proceeds of unlawful activity.
Femi Remigus, a compliance officer at Zenith Bank, testified as the sixth prosecution witness, tendering account opening documents and statements to support the EFCC’s claims.
“The total amount retained was N3,081,804,654.00,” the prosecution noted