A senior official from Access Bank has detailed how billions of naira allegedly originating from various Local Government Areas (LGAs) in Kogi State were funneled into private accounts through suspicious transactions during the administration of former Governor Yahaya Bello.
Testifying before the Federal High Court in Abuja on Tuesday, Ofure Achille, former Head of Operations at Access Bank’s Lokoja branch, said the suspicious cash lodgments and withdrawals occurred over several years and were flagged and reported to the Nigerian Financial Intelligence Unit (NFIU).
Ms. Achille is the seventh prosecution witness in the ongoing trial of Ali Bello, a nephew to former Governor Bello and current Chief of Staff to Governor Ahmed Usman Ododo. He is facing 18 counts of money laundering involving the alleged diversion of N3 billion belonging to Kogi State.
Also standing trial are Abba Adaudu, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida Bello—accused of using shell companies and personal accounts to move massive sums.
The bank official testified that multiple transactions involving hundreds of millions of naira were inconsistent with the financial profiles of the account holders.
She cited examples including the E-Traders account operated by Jamilu Abdulahi, into which N30 million was deposited over two consecutive days in December 2021, followed by N40 million and another N30 million in early 2022.
“These transactions were flagged and reported to the NFIU as Suspicious Transaction Reports (STRs) under anti-money laundering laws,” she said.
Achille also revealed that accounts linked to co-defendants—including Fazab Business Enterprise and Hyzman Ary Construction Limited—received substantial funds from various Kogi LGAs. She noted that on 29 August 2017, Ary Construction received inflows totaling N171 million, with the first deposit of only N10,000 earlier that day.
The EFCC’s lead prosecutor, Rotimi Oyedepo (SAN), led the witness through documentary evidence detailing patterns of deposits and withdrawals that allegedly reflect the laundering of public funds.
The trial continues before Justice Obiora Egwatu as prosecutors build their case against the defendants in what has become one of the most high-profile corruption trials in recent years.
