Saturday 7 March 2015

WITNESS NARRATES HOW EX GOVERNOR ABUBAKAR AUDU STOLE N11BILLION FROM KOGI STATE

In a mind boggling expose, a banker, Uchenna Agagara has detailed how former Kogi state Governor Prince Abubakar Audu looted N11billion while in the saddle as the state governor. The court in Abuja High Court reportedly admitted the testimony of Uchenna Agagara, in evidence against  the former Governor in his ongoing corruption trial.

Prince Audu is being prosecuted by the the Economic and Financial Crime Commission, EFCC, for offences bordering on criminal breach of trust and misappropriation of public funds to the tune of over N10.96 billion. However on Friday, the EFCC’s witness, Mr. Agagara, revealed in court, headed by Adegbola Adeniyi, that “several millions of naira totalling about 926 million” was lodged into the Diamond Bank account of Bulkom Nigeria limited, “between May 29, 2001 and July 23,2003” when Mr. Audu was the Governor of Kogi State.

As a back up claim, the prosecuting counsel tendered a statement of account from Diamond Bank, showing the details of the transactions. The statement was admitted in evidence by the judge, Mr. Adegbola, and marked exhibit P1 54 a-b. Mr. Agagara, a relationship officer with Diamond Bank Plc, who is also the account officer of Bulkom Nig Ltd identified the exhibit and further told the court that he printed the said statement from the banks’ system when he was invited by the EFCC.

Another allegation also cropped up at the court, it was also alleged that the ex-Kogi State Governor was stealing money from the First bank account of Directorate of Rural Development of Kogi State and was lodging it into the Diamond bank Plc account of Bulkom Nigeria Ltd, a company alleged to have handled most of building projects during his tenure.

Recall on Wednesday, Prince Audu allegedly ordered his security aides to assault an operative of the EFCC for daring to take his photograph in court. The case against him have been adjourned to March 31 and April 1 and 2, 2015.

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