Bureau De Change Operator Testifies on ₦1.425bn Forex Case
Jamilu Abdullahi, a Bureau De Change operator, testified on October 15, 2026, at the Federal Capital Territory High Court in Maitama, Abuja, regarding ₦1.425 billion used for foreign exchange transactions by Yahaya Bello's government. The transactions occurred between December 15, 2021, and February 21, 2022, and were delivered to Abba Adaudu.
Abdullahi, the 19th Prosecution Witness, explained that these transactions were part of a 16-count charge against Bello, Umar Shuaibu Oricha, and Abdulsalami Hudu for criminal breach of trust and money laundering involving ₦110.4 billion. He confirmed cash lodgments of ₦10 million made by Adaudu through the Lokoja branch for forex transactions.
Abdullahi denied personally making several deposits and stated that he had never visited the Lokoja branch. He consistently sent the converted currencies to Adaudu, indicating that the transactions were for foreign exchange purposes.
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