How Saraki transferred millions of dollars to own foreign accounts while serving as Kwara Governor - GTBank Official

Date: 2017-01-18

A witness in the ongoing trial of Senate President Bukola Saraki has told the Code of Conduct Tribunal that Mr. Saraki made foreign funds transfer of over $3 million while he was governor of Kwara State.

The Nigerian code of conduct bars public officials including state governors from operating foreign bank accounts.

The witness, Nwachukwu Amazu, a banker with the GTBank said Mr. Saraki made several transactions, including a transfer of over $73,000 from his dollar account, maintained with the GTBank to his foreign account in the American Express Service Europe Ltd.

He said the purpose of the transfer was to fund a foreign credit card, belonging to the American Express Bank and owned by the defendant.

"He has a domiciliary account, with the GTB in US dollars and in pounds sterling. The domiciliary account is domiciled in Ilorin," he said.

When asked to explain the mode of operation of Mr. Saraki's foreign credit card, the witness said he did not know how the card operates.

"I don't know anything about the card, except if I explain with my knowledge of the GTB credit card in the Nigerian perspective," he said.

Mr. Amazu who worked with the funds transfer unit of the GTB, between 2006 and 2009 before he was transferred; then returned to the unit in 2011, as its head, said Mr. Saraki made other transfers including the transfer of £761, 904. 76 in February 2010.

He also said another sum of £632, 411.7 was also transferred for the defendant to Fortis Bank in London.

He made several other testimonies of funds transferred through Mr. Saraki's domiciliary accounts to foreign accounts belonging to the Senate President abroad.

Earlier, the Tribunal chairman asked the defendant if he needed water and gestured to offer water to Mr. Saraki, inside the dock.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Oluwole Dupe     Olayinka Oladapo Jogunola     Donatus Ejidike     Dasuki Belgore     Basit Olatunji     Khairat Gwadabe     Lukman Adeloyin     Ethical College     Kpotum Mohammed Baba     Alimi Abdulrazaq     Busari Alabi Alausa     Kwara TV     Ilorin Curfew     Oniyangi Kunle Sulaiman     Adamu Atta     College Of Education     Police Commissioner     Adijat Adebiyi     Titus Suberu-Ajibola     Kayode Issa     Yakubu Dogara     Okedare     Opaleke Bukola Iyabo     Kwara University Of Education     Toyin Saraki     Kwara Muslim Pilgrims Welfare Board     Eleyele     Democracy Day     Bashiru Makama     David Adesina     Halimah Perogi     Wahab Kunle Shittu     Oya State     Olabimpe Olani     Muftau Akanbi Oke     Hikmah AbdulKareem     Sambo Murtala     Yoruba     Nigerian Army     Bisi Oyeleke     Basic Education Certificate Examination     Sanusi Abubakar     Saidu Yaro Musa     Kwara Consultative Forum     Aisha Ahman Pategi     Ibraheem Adeola Katibi     Rebecca Olanrewaju     Gambari     Mujtabah Bature     Issa Oloruntogun     Ramadhan     Olaosebikan     Ilesha Gwanara Road     Mansur Alfanla     Ejidongari     Adamu B. Yaqubu     JAAC     Yusuf Abdulraheem     Tunji Oyawoye     AbdulQowiy Olododo     Elections     Kolawole Akande     Bahago     SWAN     Nupe     Laboratory-to-Product     International Aviation College     Jimba Babatunde     Mohammed Yisa     Quranic Recitation Competition     Chief Imam Of Ilorin     Offa Descendants Union     Ajayi Okasanmi     Salihu Jibril Garbi     Transition Implementation Committee     Adeniyi Ojo     Bibire Ajape    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

AGILE Programme     Ahman Pategi University     Saidu Isa     Tinubu     Ahmad Fatima Bisola     Opaleke Bukola Iyabo     Toyin Falola     Chief Imam Of Omu-Aran     Agboola Babatunde     Zulu Gambari     Umar Ahmed Gunu     Abdulganiyu Oladosu     SUBEB     Okala Baba     Bashir Badawi     Yahaya Dumoye     Mohammed Lawal     Ilesha Gwanara Road     Olatunde Jare     Matthew Babaoye     Yusuf Arowosaye     Ojuekun     Susan Modupe Oluwole     Yahaya Seriki Gambari     Saliu Oluwole     CCEPE     Ayotunde Emmanuel Alao     Saadu Gbogbo Iwe     Oba Abu     Shettima     Ahman Pategi     Taofeek Sanusi     Sheikh Hamzat Yusuf Ariyibi     Hajj     Nnazua     Garba Dogo     Face Masks     Mumeen Lah     Olushola Saraki     Raimi Iyanda     Ojuekun Sarumi     Owode Market     Laboratory-to-Product     Dunmade     Samuel Adedoyin     IEDPU     State Bureau Of Internal Revenue     AbdulRauf Keji     Salake     SSA Youth Engagement     Ahmad Belgore     Muritala Olarewaju     Dele Momodu     Aisha Abodunrin Ibrahim     Suleiman Mora Omar     2023 Elections     Sadiq Umar     Diagnostic Centre     Kabir Shagaya     Adeleke Ogungbe     Funmilayo Braithwaite     Yakub Ali-Agan     Yusuf Amuda Abubakar     Sarafadeen Kayode Akorede     Unilorin FM     Busari Toyin Isiaka     Aasiyat Bello Oyedepo     Oniye     Ilorin Talaka Parapo     Afolabi-Oshatimehin Adenike Harriet     QuickWin     Imam Gambari     School Of Nursing     Lithium     Irepodun     Mustapha Akanbi     Garuba Alikinla Shittu