The trial of a former
Chief of Defence Staff, Air Chief Marshal Alex Badeh and Iyalikam Nigeria Limited, continued on Thursday, November 3,
2016 before Justice Okon Abang of the Federal High Court sitting in Maitama,
Abuja with the Economic and Financial Crimes Commission, EFCC, presenting its
eight witness, Eso Faleke, for cross-examination.
Faleke, a banker with
Guaranty Trust Bank and account officer to Badeh’s company account (Iyalikam
Nigeria Limited) had in her evidence on November 2, narrated how Badeh became a
co-signatory to the company’s account in January 2015 and how he gave
instructions to carry out several transactions running into millions of naira.
The witness, who was
cross-examined by Akin Olujimi and Samuel O. Zibiri, SAN, representing Badeh
and Iyalikam Nigeria Limited respectively, insisted that she received several
instructions from Badeh through telephone and in writing, to transfer funds to
several accounts especially Naira and Dollar accounts.
The witness while
commenting on exhibit E25 and E30 explained that though exhibit E30 carried a
lone signature, it contained telephone instructions because the telephone
number was on the mandate card of the authorized signatory.
According to her, the
mandate card was not for instruction as to how to receive telephone calls.
Faleke insisted that she
acted according to the standard procedure of the bank with respect to
documentary transaction.
Speaking on exhibits E3
to E7 (the statements of account), Faleke told the court that payments can be
made via deposit slip adding that the payments therein were made in cash via
deposit slip, but that she did not come to court with them having not been
requested to do so.
Justice Okon Abang,
thereafter, adjourned to November 14, 2016 for continuation of trial.
Badeh is being
prosecuted by the EFCC alongside his company, Iyalikam Nigeria Limited, for
allegedly abusing his office by using the dollar equivalent of the sum of
N1.4billion (One Billion, Four Hundred Million Naira) removed from the accounts
of the Nigerian Air Force, NAF, to purchase properties in choice areas of Abuja
between January and December, 2013.
The offence contravenes
Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended)
and punishable under Section 15 (3) of the same Act.
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