N11 Billion Fraud: Banker narrates how ex-Gov. Audu “looted” Kogi State

Former Kogi State Governor, Abubakar Audu; Photo credits: savidnews.com

An Abuja High Court has admitted the testimony of a banker, Uchenna Agagara, in evidence against a former Governor of Kogi State, Abubakar Audu, in his ongoing corruption trial.

Mr. Audu is being prosecuted by the anti-graft agency, the Economic and Financial Crime Commission, EFCC, for offences bordering on criminal breach of trust and misappropriation of public funds to the tune of N10.96 billion.

On Friday, the EFCC’s witness, Mr. Agagara, told the court, presided over by Adegbola Adeniyi, that “several millions of naira totalling about 926 million” was lodged into the Diamond Bank account of Bulkom Nigeria limited, “between May 29, 2001 and July 23,2003” when Mr. Audu was the Governor of Kogi State.

The prosecuting counsel tendered a statement of account from Diamond Bank, showing the details of the transactions. The statement was admitted in evidence by the judge, Mr. Adegbola, and marked exhibit P1 54 a-b.

But Mr. Audu vacated office on May 29, 2003.

Mr. Agagara, a relationship officer with Diamond Bank Plc, who is also the account officer of Bulkom Nig Ltd identified the exhibit and further told the court that he printed the said statement from the banks’ system when he was invited by the EFCC.

It was also alleged that the ex-Kogi State Governor was stealing money from the First bank account of Directorate of Rural Development of Kogi State and was lodging it into the Diamond bank Plc account of Bulkom Nigeria Ltd, a company alleged to have handled most of building projects during his tenure.

The case has been adjourned to March 31 and April 1 and 2, 2015 for continuation of hearing.

Mr. Audu is being prosecuted alongside a former Director General of the Directorate of Rural Development in his administration, Alfa Ibn Mustapha.

He is a leader of the opposition All Progressives Congress in Kogi State and is bidding to return as the Governor of the State in its next governorship elections.

On Wednesday, Mr. Audu ordered his security aide (a police officer) to assault an operative of the EFCC during an appearance in court.

Mr. Audu attacked the staff for daring to take his photograph in court, the EFCC said.


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  • Moses Musa

    Wonderful revelations, let him defend himself and if found guilty so be it. His successor Alh. Idris should also face trial, Kogi is lying postrate on the ground hence all past rulers must be brought to account for crippling the state.

  • ome

    Nothing will happen, just spend some of the 11 billion on some good Lawers and you will be set free. This is a good time to be a thief in Nigeria.

    • God Help us

      Have you asked some of the oil marketers that re standing trial on subsidy fraud, you will know that something will happen when you keep bribing and bribing and your case keep prolonging and prolonging without end, your poket keep drying and drying, then you will know that #11 billion can be a small cash in Nigeria. You should also understand that so many persons might have taking part in the sharing of this money but he is the only one that will give account of it now.

  • Baba Messi

    The APC e-zombies will avoid this story like a plague..in a clear demonstration of hypocrisy and dishonesty!
    BEHOLD THE FACES OF THE PURPORTED CHANGE!
    LOL!!
    Some of us have consistently maintained that corrupt politicians abound largely in both parties(PDP/APC). Buhari himself admitted on arrival from the UK that “one individual DOES NOT Make a party”! SO HOW WILL THE SO CALLED CHANGE COME ABOUT WHEN THE SO CALLED HONEST BUHARI IS SURROUNDED BY THESE RENOWNED PLUNDERERS OF YESTER-YEARS??
    Most worrisome is the undeniable fact that papa Buhari lacks the required STAMINA To rule this complex country..even though some wierd APC e-zombies lie to themselves and want other sane Naijas to believe stamina is not important. MADNESS!
    So, let’s assume stamina is not important..is it these corrupt bunch surrounding the Ex-Coupist that will carry out his instructions to bring about the so called ‘change’???
    Same thing happened in the PTF – Afri projects SHOW OF SHAME!
    Any honest person knows change wen he/she sees one. The change slogan is WASTED on APC..unless they mean a change of looters!

    • Segun

      My brother, there seems to be something about this story that is making the APC online clowns pretend to be in a coma!!
      Abi dem neva wake??
      I dey laff o!

    • amazing2012

      You are so sick, Nigeria is so corrupt that you can get to power without their support but change can also change them or what others may call betrayal !! Vote for change and together we change the unchangeable !!!

      • Baba Messi

        Mallam, let me ask u a question: Assuming this Audu was a PDP member, what will be yur comment? Will you also say ‘you can’t get to power without their support ‘??
        Will you not start abusing them and GEJ and everyone else? U just fell into the trap by yur comment. You are NOTHING BUT A BIG HYPOCRITE! So if u know ‘you need their support to get to power’, why is it the moment they decamp to PDP, you all start shouting corruption corruption? Oh..i see..it’s OK to use them in APC but not PDP.
        LOL! Hypocrisy and madness of the highest order!
        Congrats aboki..it Luks like u have started attending GEJ’s nomadic school!
        Da kyau mallam!

        • amazing2012

          Politicians are the same, if this man is in PDP he will not tried. He will only be “black mail” to work for PDP or else to be tried. Fani Kayode, Muhammed Abacha, Sule lamido/his sons case, are good example. They are traped to work for their sin! Again all the PDP members including president cousins will cross to APC if Buhari win, can you say why or reject them because they are sinners? Jknathan and other leaders that come before him has done a great damage to Nigeria that no one is clean including you and me. What we need is a leader that can lead in reform through forgiveness and good example. The difference between PDP members and those who defect to APC, is that those who remained in PDP are wishes the continuation of lies, underdevelopment, ethnic hate, RELIGOUS bigotry etc and others on the hand are sinners who repents and wish for forgiveness/salvation. This is the right description of PDP members !
          Ethnic hate; as you called me malllam assume I am one, who are you mocking ? God ? Did Malllam choose to be what he is ? Did you choose to be the prepared tribe( by your imagination)? Attacking what human has no choice is simply faulting who Made him/her, ! Faulting, fighting or seeing any defect on God and his decision is curse, please check yourself properly to stop confirming curse through ignorance in 21th century !!

  • Okey

    This time wasting trial of Excellency Abubakar Audu should and must stop. Please, what is common N11 Billion after all ? It is sufficient that the man has joined the CHANGE, that’s what is important and no more; not this wasteful distraction of his trial. That trial must stop.

    By the way, is there no living, human being in Kogi State that can stand up for his Excellency. They tried this nonsense against Excellency Tinubu but Lagosians reacted swiftly. For as we talk, a Million Man March is taking place right now in Lagos in defence of the very excellent, honest and impeccable character of Alhaji Tinubu built and nurtured over the years. Lagosians are saying that since Excellency Tinubu amassed his wealth through dint of hard work, they should let him be; that those who are complaining of being deprived are simply non-hard working lazy folks. Kogites must rise in defence of Excellency Audu.

    • Baba Messi

      A-fee-C!
      Changeee!!

      LoooooOOL!!!!!!!!

  • ernesto

    Pls lets leave this man alone after all Buhari is using his private jet for campaign. If you change 11billion now it will not be upto 500million usd. So small cash made big by exchange rate