EFCC Witness Links ₦1.425bn Transfers to Yahaya Bello

During the trial of former Kogi State Governor Yahaya Bello, an Economic and Financial Crimes Commission (EFCC) witness, Jamilu Abdullahi, testified about ₦1.425 billion transferred through two companies associated with Abba Adaudu. Abdullahi, a forex dealer, explained that the funds were intended for foreign currency purchases.

He identified Keyless Nature Limited and Ejadams Essence Limited as Adaudu's companies, detailing specific transfers: ₦100 million on December 15, 2021, and ₦400 million on December 17, 2021, through Keyless Nature Limited, and ₦600 million and ₦325 million through Ejadams Essence Limited on February 18 and 21, 2022, respectively. Abdullahi stated that he supplied Adaudu with US dollars equivalent to the deposits made into his accounts.

He clarified that he did not personally make certain cash deposits linked to Adaudu, despite some transactions bearing his name. Bello is on trial with Umar Shuaibu Oricha and Abdulsalami Hudu for a total of 16 counts related to alleged criminal breach of trust and money laundering involving ₦110.4 billion.