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How Akopobolokemi, others converted N4.5bn to dollars- Witness - Vanguard
Lagos - An operative of Economic and Financial Crimes Commission, EFCC, Adamu Usman Yusuf, yesterday told a Lagos Federal High Court how about N4.9 billion was converted into United States dollars by the embattled former Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Patrick Akopobolokemi and others who are facing money laundering offence.
Akopobolokemi is standing trial alongside a former Commander of the Military Joint Task Force, operation Pulo Shield in the Niger Delta, Maj. Gen. Emmanuel Atewe, Kime Engozu and Josephine Otuaga over N13 billion fraud. The witness who was led in evidence by EFCC prosecutor, Rotimi Oyedepo, told the court that during investigation, it was discovered that the money was handled over to the 3rd and 4th defendants (Engozu and Otuaga). Yusuf informed the trial Judge, Justice Saliu Sheidu that; "At the end of our investigation, we discovered that about N4.9 billion were converted into United States dollars and the money handed over to the 3rd and 4th accused persons. "We also found where the defendants acknowledged the receipt of the money and same was forwarded to forensic unit for expert opinion."
Yusuf also told the court that the accused used different companies and accounts to launder billions of Naira from Joint Task Force operation account. The companies are: Jagan Ltd; Jagan Trading Company Ltd; Jagan Global Services Ltd; Al-Nald Ltd; Paper Warehouse Ltd; Eastpoint Integrated Services Ltd and De-New link Integrated Services Ltd.
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