Alleged $2m Fraud: How Atiku’s lawyer laundered $2m – witness
The Financial and Monetary Crimes Fee (EFCC) on Monday instructed the Federal Excessive Courtroom in Lagos how Uyiekpen Giwa-Osagie, a lawyer to a former Vice President, Atiku Abubakar allegedly laundered $2 million.
An EFCC investigator, Shuaibu Shehu, instructed Justice Chukwujekwu Aneke that Mr. Giwa-Osagie obtained instruction from the previous Vice President to offer the $2m to one in all Atiku’s safety guards.
Giwa-Osagie is standing trial alongside his brother, Erhunse Giwa-Osagie, on a three-count cost of cash laundering to the tune of $2m introduced in opposition to them by the EFCC.
One of many counts reads: “That you just, Uyiekpen Glwa-Osagie and Erhunse Giwa-Osagie, someday in February 2019, in Nigeria… conspired to commit an offence to wit: making a money cost of the sum of $2,000,000.00 with out going via a monetary establishment, which sums exceeded the quantity approved by regulation.
“You thereby dedicated an offence opposite to Part 18(a), and 1(a) of the Cash Laundering (Prohibition) Act, 2011 as amended and punishable underneath Part 16(2)(b) of the identical Act.”
At Monday’s sitting, Mr Shehu, who was led in proof by the prosecution counsel, Kufre Uduak, stated the Fee, someday in 2019, obtained intelligence that some politicians have been shifting round with US {dollars} to affect the results of the final common elections.
He stated: “It was additionally revealed that the sum of $1.6million was given to 1 Alhaji Lawan Abdullahi, a Bureau De Change Operator (BDC).
“Primarily based on this intelligence, my crew carried out investigations and recovered the sum of $1.459million in money.
“It was additionally found that the cash got here from an organization referred to as Guensey Belief Nigeria Restricted managed by the primary defendant (Giwa-Osagie) in belief for Atiku Abubakar.”
In his additional testimony, the witness instructed the court docket that Guensey Belief obtained into its personal account the sum of 26 million Euros from a overseas firm, Intel West Africa.
In response to him, “The cash was then transformed into {dollars}, which was $30m.
“Guensey Belief transferred the sum of $5million into Andrew Pitchford, an organization owned by the 2nd defendant, and was transformed into naira via a BDC firm.
“The 2nd defendant was additionally instructed by the first defendant to boost the sum of $2m for somebody, whom we later came upon to be a safety guard to Atiku Abubakar.
“Our findings revealed that the primary defendant (Giwa-Osagie) obtained the instruction from the previous Vice President, Atiku Abubakar, at hand over the cash to the stated particular person.”
Justice Aneke adjourned the matter until January 13, 2021, for continuation for trial. Nation
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