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Alleged N714.6m Fraud: Zenith Bank Staff Recounts How Ex-minister’s Bank Account Was Used To Distribute Funds

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Alleged N714.6m Fraud: Zenith Bank Staff Recounts How Ex-minister’s Bank Account Was Used To Distribute Funds

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A witness and compliance officer with Zenith Bank, Remigius Ugwu, has told a court how the bank account of former Minister of Special Duties and Inter-governmental Affairs, Kabiru Tanimu Turaki (SAN), was used to distribute looted funds.

Ugwu spoke before Justice Inyang Ekwo of the Federal High Court, Abuja, as the second prosecution witness in the trial of Turaki alongside his personal assistant, Sampson Okpetu, and two companies: Samtee Essentials Limited and Pasco Investment Limited on Wednesday.

Read also:  Subsidizing The Naira Blocks Nigeria’s Economic Takeoff

 

Led in evidence by prosecution counsel, Farouk Abdallah, the bank staff revealed how funds were moved from Turaki’s Zenith Bank account to different bank accounts from January 19, 2015.

 

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