A prosecuting observer, Adewale Agunbiade, within the trial of the alleged $6 billion Mambila venture fraud, has narrated sooner than Justice Jude Onwuegbuzie of the Federal Capital Space Top Court docket how a former Minister of Energy and Metal, Olu Agunloye gained N5.2million from a body of workers of First light Energy and Transmission Ltd, Jide Sotirin Abiodun.
In line with a commentary by means of the Financial and Monetary Crimes Fee posted on its X take care of on Tuesday, a Compliance Officer, previously with Warranty Accept as true with Storagefacility stated the sum used to be gained in a couple of transfers and Automatic Teller System withdrawals.
“Agunbiade, a prosecuting witness in the trial of former Minister of Power and Steel, Olu Agunloye on Monday, September 23, 2024, narrated before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, sitting in Apo, Abuja, how the defendant allegedly received N5.2million from Jide Sotirin Abiodun, a staff of Sunrise Power and Transmission Ltd in multiple transfers and Automated Teller Machine, ATM, withdrawals,” the commentary learn partially.
In line with the commentary, the observer, now a body of workers of Jaiz Storagefacility Plc, generation being led in his examination-in-chief, by means of the prosecution recommend, Rotimi Oyedepo, SAN, disclosed that “On October 2022, GTB gained an investigation process inquiry from EFCC in appreciate of the account of 2 shoppers, Mr Olu Agunloye and Mr Jide Sotinri.
“My team received the requests on behalf of the bank, following which I generated the statement of account via the system used by me at the time. I also prepared the Certificate of Identification, following my review of the statement against the records of the bank. I cosigned the cover letter of the responses.”
Upon figuring out and confirming the letters from EFCC in appreciate of the stated accounts, marked Showcase 1a and 2a and GTB’s responses marked Showcase 2a and 2b, the observer stated “On web page two of Showcase 2b is the commentary of Jide Sotirin Abiodun and the Certificates of Id ready by means of me at the commentary of the account.
“On the 10th of September 2019, there were six transactions. The last five transactions were ATM cash withdrawals of N30,000 (Thirty Thousand Naira) each. The last transaction on 10 August 2019 was a transfer of N3,600,000.00 (Three Million, Six Hundred Thousand Naira) from Sotirin Jide Abiodun to Olu Agunloy.”
Talking additional, he disclosed that “As of twenty-two October 2019, a document of N500,000.00 (5 Hundred Thousand Naira) used to be transferred from Sotirin Jide Abiodun to Olu Agunloye. On 13 November 2019, a document of N1, 121,000 (One Million One Hundred and Twenty-one Thousand Naira) from Leno in general of Agunloye Olu from Jide Sotirin.
“Exhibit 1b is an account opening belonging to Agunloye Olu. On 10 August 2019 was an inward transfer of N3,600,000.00 (Three Million, Six Hundred Thousand Naira) from Sotinrin Jide Abiodun. On 22 October 2019, there was an inflow of N500,000 (Five Hundred Thousand Naira) from Sotirin Jide Abiodun. Also on 13th November 2019 was an inflow of N1, 121,000 (One Million One Hundred and Twenty-one Thousand Naira) in favour of Agunloye Olu from Jide Sotirin.”
The case used to be adjourned until October 21, 2024 for cross-examination.
Agunloye is being prosecuted by means of the EFCC on seven-count fees, bordering on authentic corruption and fraudulent award of the Mambilla Energy Challenge agreement to the track of $ 6 billion to First light Energy and Transmission Ltd.