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.

Student Learning Support Helpline     JMK Construction Company Limited     Abubakar Bature Sulu-Gambari     Femi Gbajabiamila     Funmilayo Zubair     Congress For National Consensus     EFCC     Kassim Babamale     Neuropsychiatric Hospital     Kayode Oyin Zubair     Unicontinental Construction Company     Bureau Of Lands     Igbaja     Pacify Labs     Abikan     NURTW     Osuwa     Elewu     Ajase-Ipo     Undergraduate Bursary     Yusuf Ibitokun Sherifat     Sa\'adu Salau     Musbau A. Akanji     Umar Ayinla Saro     Abdulrahman Onikijipa     Modibbo Kawu     Kale Bayero     Gabriel Fashanu     Share     Abdul-Rasheed Na\'Allah     Forgo Battery Company Limited     Christopher Ayeni     Olusin Of Ijara Isin     Olota Of Odo-Owa     Aisha Abodunrin Ibrahim     Federal Road Maintenance Agency     IFK     Orire     Countryside Emerging Leaders Fellowship     Ministry Of Women Affairs And Social Development     Plat Technologies Limited     Moses Afolayan     Hamidat Sulyman-Yusuf     Idowu Aremu     Ibrahim Abduquadri Abikan     Asa LGEA School     Haruna Tambiri Mohammed     CT Ayeni     Abdullahi Atanda     Shettima Of Ilorin     Ajayi Okasanmi     Share/Tsaragi     Okasanmi Ajayi     Trader Moni     SWAN     Budo-Egba     Abubakar Aliagan     Abiodun Oyedepo     Salihu Jibril Garbi     Dar-Al-Handasah Consultants Ltd     Ibrahim Taiwo     AbdulRasaq Abdulmajeed Alaro     Ogbondoroko     2017 Budget     Magaji Are     Shao     Yahaya Abdulkareem     Abdulmumin Yinka Ajia     Galadima     Busari Alabi Alausa     School Of Nursing     Chief Imam Of Omu-Aran     Playing Host     Olubukola Kifayat Adedeji     Kwara 2019     Chartered Institute Of Personnel Management Of Nigeria     Muhammad Ghali Alaaya    

Cloud Tag: What's trending

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

Adolescent Girls Initiative For Learning And Empowerment     Mohammed Lawal     Kwara State Football Association     Ajikobi     Yahya Mohammed     Elelu     Sam Onile     Bello Abubakar     Makama Of Ilorin     Ilorin Talaka Parapo (ITP)     Hydro-electric Power Producing Areas Development Commission     Taofik Abiodun Ahmed     International Vocational Centre     College Of Arabic And Islamic Legal Studies     Baruten     Olatinwo     Abiodun Abdulkareem     Yusuf Amuda Gobir     Abdulwahab Ololele     Rotimi Oyedepo     Shade Omoniyi     SSA Youth     Adamu Attah     Kisira     KSIRS     Shehu Jimoh     Saliu Oluwole     ER-KANG Mining     Fareedah Dankaka     Gbajabiamila     Halimah Perogi     Atiku Abubakar     Muslim Cementary     Olomu Of Omu-Aran     Sidikat Uthman Ajibola     Ahmed Saidu Rufai     Metro Park     Junior Secondary School Certificate Examinations     Charles Ibitoye     Shoprite     Gobir Organization Foundation     Raliat Islamic Foundation     Laolu Saraki     Tosin Saraki     Assayomo     Ilorin Emirate Staff Association     Abdulhakeem Amao     ER-KANG Mining Nigeria Company Limited     Fatai Adeniyi Garba     AbdulHakeem Ajibola Akanbi     Ado Ibrahim     Gabriel Fashanu     Rafiu Olasile     Abdulrazaq Magaji     Onikijipa     Rotimi Atere     Dogara     Gbenga Adebayo     Ejidongari     Owo Isowo     Eruku     Khairat Gwadabe     Code Of Conduct     Rueben Parejo     Sa\'adu Gambari     Egbewole     Offa Descendants Union     Makama Of Kaiama     Odolaye Aremu     Ilorin Likeminds Foundation     Kayode Oyin-Zubair     Saliu Ajibola Ajia     Salihu Ajia     Adijat Adebiyi     General Hospital, Offa     Matthew Okedare     Katibi Ibraheem Adeola