N29bn Fraud: Court Admits Exhibits Against Nyako

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N29bn Fraud: Court Admits Exhibits Against Nyako

By Correspondent

The trial of the former governor of Adamawa State, Murtala Nyako, by the Economic and Financial Crimes Commission (EFCC) alongside his son, Senator Abdul-Aziz Nyako, Abubakar Aliyu and Zulkifikk Abba, continued yesterday at the Federal High Court Abuja. The duo are being prosecuted on a 37-count charge bordering on criminal conspiracy, stealing, abuse of office and money laundering to the tune of N29 billion. The accused are alleged to have used these companies; Blue Opal Nigeria limited, Serore Farms & Extension Limited, Pagoda Fortunes Limited, Towers Assets Management Limited and Crust Energy Limited to commit the fraud at various times between 2011 and 2013. Their trial was earlier brought before Justice E. Chukwu of the Federal High Court, Abuja, on January 29, 2016, with the EFCC presenting its first witness, Mahmud Wambai, a staff of Zenith Bank in court. At the resumed hearing yesterday, the EFCC presented, Yawale Auwalu, Philip Olukayode, both staffs of Ecobank Nigeria Plc and Caroline Osaha, a staff of First Bank Nigeria Plc, as three more witnesses to prove their case. Auwalu, an account officer, who was led in evidence by Adebisi Adeniyi, counsel to the EFCC, as the 2nd prosecution witness told the court that in August 2014, the agency requested bank documents relating to Amdak Investments Limited and Amdak Road Construction Limited. He said; “We furnished the EFCC with the certificate of identification, copies of account opening documents and the statement of accounts as requested by the commission.” The court admitted that the tendered documents were exhibits and there were no objections from the defence counsels. The defence counsels include; Kanu Agabi, SAN; a former Attorney-General of the Federation, AGF, for Nyako, his son and Serore Farms & Extension Limited; counsel to Abubakar Aliyu, Y.C Maikyau, SAN; Ibrahim Isiyaku, counsel to Zulkifikk Abba and Towers Assets; counsel to Blue Opal Nigeria limited, Olumide Olujimi. 

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