Bureau de Change Operator Links ₦1.425bn Forex to Yahaya Bello
Jamilu Abdullahi, a bureau de change operator, testified as Prosecution Witness 19 in the trial of former Kogi State Governor Yahaya Bello on October 15, 2026, at the Federal Capital Territory High Court in Maitama. He stated that transactions totaling ₦1.425 billion for foreign currency purchases occurred between December 15, 2021, and February 21, 2022.
Abdullahi revealed that Abba Adaudu instructed and funded these transactions, personally delivering converted US dollars to Adaudu. He confirmed cash lodgments of ₦10 million made by Adaudu at the Lokoja branch of a bank, denying involvement in other cash deposits recorded in his name.
Abdullahi explained that his name was used as a beneficiary for transactions on behalf of Adaudu. He also confirmed significant transfers linked to his company, Kunfayakun Global Limited, from Keyless Nature Limited and Ejadams Essence Limited, both associated with Adaudu.
Bello faces charges of alleged money laundering amounting to ₦110.4 billion brought by the EFCC.
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