A bureau de exchange (BDC) operator attesting within the ongoing ₦110.4 billion fraud trial of former Kogi State Governor, Yahaya Bello, has advised the FCT Top Court docket in Abuja that ₦1.425 billion was once used for greenback transactions connected to Bello’s affiliate, Abba Adaudu, between December 15, 2021, and February 21, 2022.
Abdullahi, who testified as Prosecution Witness 19 (PW19) within the ongoing trial of former Kogi State Governor, Yahaya Bello, stated he delivered the foreign currency echange bought in the course of the transactions to Adaudu.
The Financial and Monetary Crimes Fee (EFCC) disclosed this in a commentary posted on its verified X care for on Thursday night, October 15, 2026.
The witness gave his testimony earlier than Justice Maryanne Anineh whilst being led in proof by means of prosecution suggest, Kemi Pinheiro, SAN.
Whilst analyzing Show off AR, which contained transactions between July 2021 and April 2022, Abdullahi known a number of money lodgings and transfers into accounts related to him and his corporate, Kunfayakun World Restricted.
He defined that the transactions have been for foreign currency echange purchases on behalf of Adaudu, quite than presents or non-public deposits.
Confirming money lodgments of ₦10 million every made by means of Adaudu in the course of the Lokoja department, Abdullahi advised the court docket: “My lord, I ascertain the money lodgments of Ten, Ten million Naira by means of Abba Adaudu from the Lokoja department. My lord, I ascertain I gained the money lodgments. It wasn’t for present however for a foreign exchange transaction.”
He defined that the transactions have been for the acquisition of United States greenbacks.
The witness additionally known a January 18, 2022 switch from Keyless Restricted, which he stated belonged to Adaudu, insisting that the fee was once for foreign currency echange quite than a present.
On money lodgments of ₦9 million, ₦8 million and some other ₦8 million recorded in his title in the course of the Lokoja department on February 22, 2022, Abdullahi denied in my opinion making the deposits.
“In reality, I’ve by no means been to that department in my existence, however my title has been used as a beneficiary as some other individual’s title can be utilized because the receiver, and it was once a greenback transaction for Abba Adaudu,” he stated.
He gave a identical reason behind a couple of money lodgments recorded towards his title on March 10 and 11, 2022, keeping up that he had by no means visited the Lokoja department.
Consistent with him, the names showing within the transaction narrations depended at the directions given by means of Adaudu.
“My lord, I am getting to grasp the money was once paid on Abba Adaudu’s behalf as a result of every time he makes a lodgment of money in my account, the indicating narration is Abba Adaudu or Jamilu Abdullahi or some other title in their selection,” the witness stated.
He added that he persistently delivered the transformed foreign currency echange to Adaudu.
“My lord, I all the time ship the transformed foreign exchange to Abba Adaudu. All of the transactions on the Lokoja have been from Abba Adaudu,” he advised the court docket.
Abdullahi additionally known Show off AK as his non-public account with Get right of entry to Financial institution on the Aminu Kano department in Abuja.
He showed entries appearing money lodgments of ₦10 million every on December 29 and 30, 2021, and January 1 and 31, 2022, however maintained that the deposits have been made by means of Adaudu for foreign currency echange transactions.
The witness additional advised the court docket that he once in a while delivered the bought greenbacks to Adaudu at his personal administrative center and, on different events, at Adaudu’s administrative center in Space 8, Garki, Abuja.
Relating to transactions involving Kunfayakun World Restricted, which he known as his corporate, Abdullahi showed a credit score access of ₦100 million from Keyless Nature Restricted thru FCMB, Zone 4, in 2021.
He attributed the switch to Adaudu.
The witness additionally known a ₦400 million switch thru Keyless Nature Restricted, which he similarly attributed to Adaudu.
As well as, he known a couple of transfers of ₦100 million every, totalling ₦600 million, from Ejadams Essence Restricted on February 18, 2022. He advised the court docket that the corporate belonged to Adaudu.
The testimony paperwork a part of the continuing prosecution of Bello over alleged monetary crimes involving ₦110.4 billion.
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