A witness of the Economic and Financial Crimes Commission, EFCC, Nurudeen Bello, in the alleged N2.8billion fraud trial involving Ibrahim Abdul-salam, former Managing Director of Nigeria Airspace Management Agency, NAMA, and others, on Friday, May 3, 2019, told Justice Babs Kuewumi of the Federal High Court, sitting in Ikoyi, Lagos how the defendants looted, laundered and converted to their personal use N2.8billion, belonging to the agency.
Abdul-Salam is facing trial alongside Nnamdi Udoh (still at large), Adegorite Olumuyiwa, Segun Agbolade, Clara Aliche, Joy Ayodele Adegorite, Randville Invesment Limited and Multeng Travels and Tours Limited for conspiring to induce the agency to deliver the sum of N2.8billion to Delosa Limited, Air Sea Delivery Limited and Sea Schedule Systems Limited under the pretext that the money represented the cost of clearing NAMA’s consignments.
At today’s sitting, Bello, an investigator with the EFCC, who was led in evidence by the prosecution counsel, Rotimi Oyedepo, identified the statements of the third defendant written on February 15, 16, 18, 22 and 24, 2016 as well as on March 12, 2016.
Bello also identified the responses to the letters written by the EFCC to the Nigerian Customs Services, NCS.
The prosecution counsel tendered the statements of the third defendant, which were admitted in evidence as exhibits E 1-7 and F, respectively.
When asked to read out the statement of account of Randville Invesment Limited, the witness listed various sums of money received by Belosa, withdrawn from NAMA account.
According to Bello: “The money was transferred to Randville Investment, which shared them among Multeng Travels and Tours Limited, Multeng Engineering, Multeng Aviation, NNPC Retail Limited, Airspace Delivery and some Bureau De Change operators.
“Cash withdrawals were mostly done by Segun Agbolade and Joy Ayodele Adegorite, for onward transfer to Segun Agbolade. Also, some cash payments were made to Mr. Alaba Odulani.”
