ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Wednesday, May 25, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
FIRS director arrested for tax fraud

EFCC Operatives

How director, 6 others laundered police pension funds – Witness

bySani Tukur
February 11, 2016
2 min read

A prosecution witness, Mustapha Gadanya, on Thursday told Justice Hussein Yusuf of the Federal Capital Territory High Court sitting in Maitama, Abuja, how seven accused persons conspired with banks to launder police pension funds.

The accused persons, Esai Dangabar, Atiku Kigo, Ahmed Wada, Veronica Onyegbula, Sani Zira, Uzoma Attang and Christian Madubuke, are standing trial for complicity in the over N24 billion scam in the police pension office.

Mr. Gadanya, whose evidence started on Wednesday, told the court while being led in evidence Thursday by the counsel to Economic and Financial Crimes Commission, Rotimi Jacobs, that the first accused, Esai Dangaba’s bank statement was obtained and analysed.

According to him, the analysis revealed that the bank statement did not reflect the investments as seen in the pay deposits advices recovered from the accused person’s office.

“The bank was helping accused to launder money. Funds were kept in the bank’s suspense account and later fixed, never entering his company account,” Mr. Gadanya told the court.

The witness further stated that a lot of funds discovered in the first accused account (close to a billion naira) had been withheld by the federal government.

“Investigations revealed that several hundreds of millions fixed as investment deposits made by the first accused person through his companies AMT Global Concept and Damule Nigeria Limited were made when he was a director in the Police Pension Office,” he said.

Documents in support of the claim were tendered in evidence and admitted by the court as exhibits.

Giving further details of the complicity of Mr. Dangabar in the matter, Mr. Gadanya said the accused was also discovered to be the managing director and the sole signatory of Damule Nigeria Limited, the company where he had his wife and two sons listed as directors.

The witness also named two properties located at Utako and Jabi which Dangabar bought worth hundreds of millions naira, one from a senator, in the name of his company Damule Nigeria Limited which he said had been forfeited temporarily to the federal government.

Justice Baba adjourned to March 17 and 18, 2016 for continuation of trial.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

WATCH: Governor Yahaya Bello's Roadmap to Hope 2023

CITIZEN-FM AD


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: Why women cheat: what every Nigerian man should know







PT Mag Campaign AD

Previous Post

Odigie-Oyegun Meets Akwa Ibom APC Delegation Over Supreme Court Judgement

Next Post

Buhari appoints Personal Assistant on New Media

Sani Tukur

Sani Tukur

More News

An APC Flag

Lagos Assembly: APC members kick against lawmaker’s 5th representation

May 25, 2022
Chief whip of the Senate, Orji Kalu

APC primaries: Why l won’t step down for Orji Kalu – Aspirant

May 25, 2022
Engr. Stephen Moses, Director of Engineering, Nigerian Television Authority (NTA); Mr. John Ugbe, Chairman, Broadcasting Organisations of Nigeria (BON) and CEO, MultiChoice Nigeria; Mr. Guy Murray-Bruce, President, Silverbird Group and Chairman, The Nigeria Broadcasting Awards (TNBA) Steering Committee; Dr. Yemisi Bamgbose, Executive Secretary, BON; and Mr. Jenkins Alumona, CEO, Strategic Outcomes Limited and Consultant, TNBA at the unveiling of The Nigeria Broadcasting Awards Logo in Lagos on Tuesday

BON announces ‘The Nigeria Broadcasting Awards’

May 25, 2022
An APC Flag

APC Primaries: Aspirant protests ‘doctored’ delegates’ list

May 25, 2022
‘Highly infectious’ chicken pox contained at Abuja IDP camp after affecting 24

Number of forcibly displaced people hit 100 million – UNHCR

May 25, 2022
Some of the cadets on parade during the passing out ceremony at the training school in Kano on Tuesday.

Border security, your overriding responsibility, minister, NIS boss tell cadets

May 25, 2022
Next Post
Buhari appoints Personal Assistant on New Media

Buhari appoints Personal Assistant on New Media

PDP workers want anti-graft agencies to probe party’s leadership for fraud

Taraba Election: PDP hails Nigerian judiciary

Leave Comment

Search

AUN-PT Ad





Transport-Technology


Stanbic Ad


Access Bank Ad





Glo Ad


Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,847,099 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • Dubawa
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.