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How AVM Omenyi Conspired With NAF Contractor to Launder N136.3m Arms Fund – Witness

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Hassan Saidu, a prosecution witness in the trial of Air Vice Marshall Tony Omenyi (rtd), who is being prosecuted on an amended 3-count charge brought against him by the Economic and Financial Crimes Commission, EFCC, on Wednesday April 5, 2017 further narrated how Omenyi used his companies’ accounts, Huzee Nigerian Limited and Sky Experts Limited, a contractor of the Nigeria Air Force to launder arms funds.

Omenyi is standing trial alongside Huzee Nigerian Limited, for his alleged role in the diversion of over N136million meant for the purchase of arms by the military

Saidu, whose evidence started on January 23 as PW1 was led in evidence by counsel to EFCC, M. S. Abubakar.

He told the court that the investigation and prosecution of the defendants by the EFCC was triggered by a letter dated 9th December, 2015 from the Office of the National Security Adviser, ONSA, alleging that the defendants were operating suspicious accounts.

Abubakar sought to tender the letter in evidence, but Omenyi’s counsel, Chris Uche, SAN, objected to its admissibility on the grounds that the letter was supposed to have been certified by the ONSA and not EFCC.

Abubakar, however, faulted Uche’s argument citing Section 104 (I) of the Evidence Act, 2011, which states that, “it is the public officer in custody of a document that should certify it”.

Relying on the provision of the authority cited, Abubakar submitted that, “in the case at hand, the EFCC was the proper agency to certify the document”.

Justice Dimgba, in a bench ruling admitted the document as exhibit AH 12 i-xlviii.

Other documents tendered include, the account statement of Huzee Nigeria Limited in FCMB and Zenith Bank.

“Our team also asked for Sky Experts Nigeria Limited account opening package, statement of account, certificate of identification and other incorporated documents which they forwarded.

“We also requested for the personal account details of the 1st defendant (Omenyi) from Zenith Bank and it was forwarded to us”, Saidu said.

Though, Uche objected to the admissibility of the documents on the grounds that the PW1 was not the maker, his objection was however, overruled and the documents were admitted in evidence.

Other documents tendered were the report of CADEP (Committee on Audit of Defence Equipment Procurement) which came with the certificate of incorporation of Sky Experts by the ONSA.

The witness further stated, “in the course of investigation, we came across one Dr. Theresa Edu, a director of Sky Experts along with the 1st defendant (Omenyi). We interviewed the 1st defendant concerning the movement of money from Sky Experts to his company account, Huzee Nigeria Ltd. His response was that the money was a refund of loan given to Sky Experts, but there was no document to back the claim.”

Saidu went on to tell the court that, both Omenyi and “Dr. Edu” had access to the account and can withdraw money from the account at any time.

He stated that, the address of the 1st defendant and Huzee Nigeria Ltd as well as Sky Experts was the same.

“We could not trace ‘Dr. Edu’, so we wrote to the Director, DSS and the Director, Nigeria Immigration Services to place her on wanted list”, Saidu added.

Further hearing on the case has been fixed for April 26 and May 24, 2017.

 

 

Probitas Report.

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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