An Economic and Financial Criminal Commission witness, Mr. Mustapha Gadanya, on Wednesday told an FCT High Court how a former Director of Police Pensions, Esai Dangabar, moved funds into different accounts while in office.
Dangabar, Atiku Kigo, Ahmed Wada, Veronica Onyegbula, Sani Zira, Uzoma Attang and Christian Madubuke, are standing trial for complicity in the over N24bn scam in the police pension office
Gadanya, who was part of the team that investigated the matter, in his testimony, told the court how Dangabar deposited some money in accounts in different banks.
Led in evidence by Mr. Rotimi Jacobs (SAN), the witness said that the bank analysis revealed that Dangarbar fixed some amount in the bank to yield turnover
He said that about N320m was deposited in Skye Bank between May 2008 and July 2009 for his companies, Marine Logistics and leisure Integrated Limited.
Gadanya told the court that the roll over accrued for him amounted to N249.8m and N241m, respectively which was later sent to the Federal Government after it was discovered.
He informed the court that between February, 2009 and June 2010, the manger of Syke Bank, Jabi branch, helped the first defendant to launder about N840m.
Gadanya said the first defendant was also discovered to be the Managing Director and the sole signatory of Damule Nigeria Limited, the company his son was listed as director.
The witness told the court that Dangarbar’s 16 duplexes at Wuyi District and six flats at Efab, in Abuja, had been forfeited temporarily to the Federal Government.
The judge, Justice Husseni Baba-Yusuf, adjourned the trial till Oct. 13 for continuation of hearing.