Obiano: ‘I sold dollars to one Ayuba and he asked me for my bank account details’– According to Witness

Obiano: ‘I sold dollars to one Ayuba and he asked me for my bank account details’– According to WitnessAccording to The Nation, a Federal High Court in Abuja was notified on Wednesday that money had been moved from the Security Vote Account of the Anambra State Government to the accounts of private businesses.CONTINUE FULL READING>>>>>

Hayatu Adejo, a bureau de change (BDC) operator, testified that during the investigation, he was shown evidence indicating that one of his companies, Connaught Nigeria Limited, had received funds from Anambra State.

Adejo explained that the funds were deposited into his account by a colleague named Ayuba, to whom he had sold dollars. He recounted that after providing Ayuba with his bank account details, Ayuba transferred the funds, which were then used to pay for the dollars. Adejo mentioned that the payment was labeled as “MC Payment,” indicating Manager’s Cheque Payment, and he was unaware that the money originated from a state account.

Under cross-examination, Adejo stated that his BDC company was a financial institution and that his transactions with Ayuba were legitimate business dealings. He also denied ever having any dealings with Obiano. The case was adjourned until October 7.

In his words: “I sold dollars to one Ayuba and he asked me for my bank account details and I gave him the account details. When the payment was done, I handed the US dollars to him but in the payment, the narration reads MC Payment meaning Mangers Cheque Payment. That is why I did not know that the money is from any state account.”CONTINUE FULL READING>>>>>