Tag: BDC operator

₦33.8bn fraud: “I recv’d more than ₦22bn from Power Ministry” – BDC Operator 

Aminu Imam
BDC Operator on Power Minister

The trial of former Minister of Power, Saleh Mamman continued yesterday at the Federal High Court, Abuja, presided over by Justice James Omotosho with the Economic and Financial Crimes Commission (EFCC) presenting its 8th witness. The witness, a Bureau de-change (BDC) operator, Abdullahi Suleman, narrated how more than ₦22 billion was allegedly siphoned from the Federal Ministry of Power while Mamman was Minister.  He said the Naira equivalent of the money was exchanged for United States dollars through his  business accounts.  Recall that Mamman is being prosecuted by the EFCC…

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EFCC Money Laundering trial: “How I converted N3.1bn to $15.8m for Suswam” – BDC operator

Aminu Imam
BDC operator

A Bureau-de-Change (BDC) operator Abubakar Umar, has narrated how he converted the sum of N3.1 billion, wired to him by former Benue State governor, Gabriel Suswam and delivered its equivalent of $15.8m in cash to him at his Maitama, Abuja residence in 2014. Umar spoke as the 6th prosecution witness in the trial of Suswam, who was governor of Benue State from 2007 to 2015 on 11-count amended charges of money-laundering to the tune of N3.1 billion by the Economic and Financial Crimes Commission, (EFCC). Suswan is being tried alongside…

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