Code of Conduct: Saraki authorised transfer of $3.4m to US – Witness


An Economic and Financial Crimes commission witness, Michael Wetcast, on Wednesday told the Code of Conduct Tribunal that the President of the Senate, Dr. Abubakar Bukola Saraki, authorised the transfer of $3.4 million to his bank account in the United States of America.

Saraki was arraigned by the EFCC on a 13-count charge bordering on allegations of false asset declaration and money laundering.


He had earlier pleaded not guilty to the charges.

At the resumed hearing of the case, Wetcast, led in evidence by the EFCC counsel, Rotimi Jacobs (SAN), said the defendant directed GTBank to transfer the funds to America Express Services, Europe Limited.


He said the money was later forwarded to Saraki’s bank account at America Express Bank in New York, with registration number 730580, on August 25, 2008.
The witness said on November 5, 2005, that $20,000 was lodged into Saraki’s GTB account at GRA, Ilorin branch by one Bayo Dare and Abdul Adama.
The defence lawyer, Paul Usoro (SAN), did not object to the admissibility of the bank documents, but he reserved his arguments till later date.

Source
Code of Conduct: Saraki authorised transfer of $3.4m to US – Witness Code of Conduct: Saraki authorised transfer of $3.4m to US – Witness Reviewed by The Amour Circle on 14:23:00 Rating: 5
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