Pulse Nigeria is the most followed news and entertainment platform, informing and engaging young Nigerians round the clock, providing updates by the hour.

Pulse Nigeria

A Bureau De Change (BDC) Operator, Ayuba Tanko, says between April and December 2017, a total sum of ₦416 million was paid into a company’s account he used, by proxy, in the ongoing trial of former Governor of Anambra, Willie Obiano.

BDC operator testifies to handling ₦416m for ex-Governor Obiano’s associate | Pulse Nigeria

News Agency Of Nigeria

<h2>A Bureau De Change (BDC) Operator, Ayuba Tanko, says between April and December 2017, a total sum of ₦416 million was paid into a company’s account he used, by proxy, in the ongoing trial of former Governor of Anambra, Willie Obiano.</h2>

Ayuba told Justice Inyang Ekwo of a Federal High Court in Abuja on Wednesday while being led in evidence by the Economic and Financial Crimes Commission (EFCC)’s counsel, Slyvanus Tahir, SAN.

Ayuba, who was the 5th prosecution witness (PW-5), said the ₦416 million which was received in tranches, was given back as 1.137 million US dollars equivalent.

“I am a trader. I trade in forex exchange. I trade in USDs, Euros and pounce sterling.

“I do source for customers and I do exchange and collect commission,” he said.

The PW-5 said he used two companies; Sauki Bureau De Change and Zigaziga Trading and Company Ltd for his business. He said he was invited by the EFCC, through its Investigation Department, in 2023 and was questioned about Zigaziga Trading and Company Ltd’s account domiciled in one of the commercial banks.

When the senior lawyer asked him how much he received during the period, the witness said: “Between April 2017 to December 2017, the total money I received at that period was 416 million in naira.

“And I gave a dollar equivalent as 1, 137, 000.00 US dollars,” he added.

Ayuba said besides this transaction, he did not do any other business with the Anambra government under Gov. Obiano. Obiano’s lawyer, Onyechi Ikpeazu, SAN, during cross-examination, asked the PW-5 if he had ever had any dealing with the ex-governor directly, Ayuba said: “I did not deal directly with the defendant.”

The prosecution counsel also called three bankers, who gave their testimonies in the alleged money laundering charge.&nbsp;

After the four witnesses testified and were cross-examined by Ikpeazu, Justice Ekwo adjourned the matter until February 24, February 25 and February 26, 2025, for the continuation of the trial.

Willie Obiano, the immediate-past governor of Anambra State is in court over alleged financial fraud. [Punch]

BDC operator testifies to handling ₦416m for ex-Governor Obiano’s associate

Pulse Picks

Business

News

Entertainment

Lifestyle

Politics

Local

Metro

World

News 

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Sports 

Celebrity Picks

Pulse Marketing

Explore categories

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Nigeria

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria 

Authors | Pulse Nigeria

| Pulse Nigeria

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria

Search Results | Pulse Nigeria

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Nigeria