The Economic and Financial Crime Commission (PDP), on Tuesday, continued the criminal prosecution of the former National Chairman of the People’s Democratic Party (PDP) Haliru Bello -who is accused of corruptly benefiting from the $2.1 billion meant for the purchase of weaponry to prosecute the war on Boko Haram militancy.
In making its case, the EFCC exposed how Bello and son, Abba, diverted huge sums of money into a company Abba had inherited from his father -BAM Projects and Properties Ltd.
The defendants are further alleged to have aided the embattled former National Security Adviser, Col. Sambo Dasuki, and former minister of state for finance, Bashir Yuguda, to move stolen public funds.
Prosecution witness, Rouqayya Ibrahim, an EFCC official, informed the High Court sitting in Abuja, that the Central Bank of Nigeria (CBN) had on March 4th, 2015, transferred N30 billion into the account of the Office of the National Security adviser (ONSA).
She said that: “From the statement of ONSA account, N30 billion was paid on March 11, 2015, by the AGF to the ONSA and on March 17, N300 million was paid out of the N30 billion to ONSA account.
“When we requested for the details of the transaction, it was revealed that Bam Project and Properties Limited, received N300 million from ONSA. The analysis of Bam Projects’ Sterling Bank account revealed that the account received a total of N300 million in two tranches of 150 million each on February 27, 2015.”