More details has emerged on the arrest of Uyi Giwa-Osagie, lawyer of presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar.

Okay Nigeria had earlier reported that Giwa-Osagie was arrested by the EFCC for alleged money laundering following an intelligence report on a suspicious transaction by a Bureau De Change (BDC) operator.

However, a source in the EFCC confirmed to Okay Nigeria, that Giwa-Osagie was arrested for money laundering and he is still being detained in Lagos as investigations are still ongoing.

The source said, “Mr. Uyi Giwa-Osagie, who is an associate of Atiku, is still being detained in Lagos. I cannot tell you when he will be released.

Furthermore, the source in the EFCC released more details of transactions involving Osagie.

A document stated: ”On receipt of this intelligence the team booked to Lagos Island market and arrested two BDC operators namely: Abdullahi Shehu who works with Abdullahi Munaciki of Hasbunallahu BDC, Abuja and Lawal A. Abdullahi of Three Brother BDC. Also the team recovered the said $1.6million USD but already $141,000.00 USD had been exchanged to Naira at N358/ per dollar which amounted to N50,500,000.00 while the balance of $1,459.000.00 USD could not easily be exchanged due to the Naira scarcity in the market.

“Investigation conducted regarding the ownership as well as the source of the money so far revealed that Hasbunallahu BDC who is also the owner of Clean and Integrity Services Ltd received three transfers amounting to $5,000,000.00 USD on the 4th and 14th February, 2019 from Guernsey Trust Company Nigeria Limited which is an investment company that is being managed by  Uyiekpan Giwa-Osagie in trust on behalf of Bleep.

”Investigation carried out on the accounts of Guernsey Trust Company Nig Ltd reveals that various transfers in millions of dollars and cash payments were made to various individuals and companies.”

The details of these transfers are as follows:

On the 1st February, 2019, Abdullahi Munaciki of Hasbunallahu BDC received a transfer of $500,000 USD in his Guaranty Trust Bank Dollar Account Named: Clean & Integrity Services Ltd with Account number: 325/391103/2/1/0. The transfer came from Uyiekpan Giwa-Osagie of Guernsey Trust Company Nigeria Limited.

And on the 18th January, 2019, Root Capital Ltd received the sum of $1,000,000.00 into its account in Keystone Bank PPC from Guernsey Trust Company Nig Ltd account in Keystone Bank Plc. There after the naira equivalent was paid into Andrew Pitchford account by Spring Creek on behalf of Root Capital Ltd.
After that, on 4th February, 2019 another transfer in the sum of $1,500.000.00 USD was received into the said Clean & Integrity Services Ltd account in GTB from the same company Account Guernsey Trust company Nigeria Limited in keystone bank on Instruction of the said Uyiekpan Giwa-Osagie.

And the third transfer was made in bulk on 14th February, 2019 in the sum of $3,000,000.00 USD, similarly from Guernsey trust company Nigeria Limited in keystone bank to Clean & Integrity Services Ltd account in GTB.

Painstaking investigation conducted on how the said Guernsey Trust Company Nigeria Ltd sourced the above mentioned $5,000,000.00 USD showed that the company received into its Keystone bank Euro Account number 1002523061 two Inflows of N13,050.000.00 Euro on 9th January, 2019 and N13.000,000.00 Euro on 28th January,  2019 totaling N26,050,000.00 Euro from one off-show company called  Intels West Africa Limited.

Further Investigation has shown that the said Euro inflows were converted to about $30,346,150.12 USD and transferred in tranches of $14,362.500.00 USD, $14,977,194.13 USD, and $1,000,000.00 USD to Guernsey Trust company Nigeria Limited’s Dollar Account number: 1003057653 to Keystone bank between 11th January and 12th February 2019.

On the 18thJanuary, 2019 Guernsey Trust Company Nig Ltd paid the sum of $750,000.00 to Bluebeam Capital Ltd, the money was subsequently transferred to BLK Prestige Investment

Also on the 29th January, 2019 Guernsey Trust Company  Nig Ltd paid total sum of $2,065,934.00 to Capital filed Investment Group Ltd account in Keystone Bank Plc and the naira equivalent of the said amount in the sum of N856, 569,200.00 was paid in tranches to Andrew Pitchford Ltd account. The company is owned by one Mr. Erhunse Giwa Osagie, a brother to Mr. Uyiekpen Giwa Osagie.

Furthermore on the 6th February, 2019, Guernsey Trust Company Nig Ltd paid Bluebeam Capital Ltd the sum of $1,000,000.00 the money was subsequently transferred to BLK Prestige Investment Ltd with UBA Zambia while the naira equivalent was paid into the account of Andrew Pitchford Ltd by Spring Creek Ltd on behalf of Bluebeam capital Ltd.

Again on the 11th February 2019, Bluebeam Capital Ltd received the sum of $2,000,000.00 from Guernsey Trust Company Nig Ltd. On the instruction of Mr. Erhunse Giwa Osagie out of which the sum of $1,000,000.00 was transferred to account of BLK Prestige Investment Ltd United Bank for Africa in Zambia while the remaining $1,000,000.00 was converted into naira and paid into Sterling Bank Plc account of Andrew Pitchford Nig Ltd with account number 0689724732.

Source: https://www.okay.ng/exclusive-more-details-on-atikus-lawyer-arrest-by-efcc-emerges/

cc: Mynd44

the amount of money mentioned in this write-up makes me want to cry �

Bush meat catch hunter

When Tinubu was controlling bullion vans during election shey EFCC no see that one. Abi na the plane wey collapse due to excess loading of money, EFCC no still see. E don be Atiku matter, EFCC don wake up.

Only one day sha, the tables go still turn against APC and their evil witch hunting.

What's the crime here please. Is there anything I am missing?

I knew intels would be mentioned in the write up . Atiku dollars going round. Giwa-Osagie should simply explain to EFCC the kind of service his company rendered to intends to be paid such amount of money and the kind of service the other company did for him that he is paying for . We all know the kind of service by the way: Rigging and Vote Buying Services

I know some gullible people would say it is their money so why should they explain. However, transactions into company accounts should relate to the services performed by the company so if a company can't explain what services they rendered to be paid such amount of money then its directors might be in trouble because the most likely explanation for such transactions is money laundry.

EdoBozz:
When Tinubu was controlling bullion vans during election shey EFCC no see that one. Abi na the plane wey collapse due to excess loading of money, EFCC no still see. E don be Atiku matter, EFCC don wake up.

Only one day sha, the tables go still turn against APC and their evil witch hunting.

Bros ejor, which plane COLLAPSE because of excess loading of money? Even plane don dey faint because of too much money lwkmd Nairaland and comedy

B1ak3:


Bros ejor, which plain COLLAPSE because of excess loading of money. Even plain don dey faint because of too much money lwkmd Nairaland and comedy

I said plane and not plain. Well just say you didn't see the video that went viral. There was a small plane that the back collapsed because of the excess money they loaded in it. You can find it yourself.

athuevku can never become naija president cos na big time looter

can't someone transact is business in peace, Atiku owns Intel's,and decide where to pay his money,wetin come be efcc own for atiku cash na government money

Atiefku and Dollar's are like 5&6! Shege Yaro God saved this our country from Atiefku gaskia! Someone who spent such amount of money will never going to accept defeat I swear

The fear of Atiku going to court

Ok

where i dey when is these deals were going down

Hearing Atiefku name

Alhaji 'I only earn N20 million a year' aka Atikulooter is laundering money by the truckload?
Wonders shall never end

Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar, believed to be a multi-billionaire has declared a paltry yearly personal income of N20 million.

Source: https://www.vanguardngr.com/2018/10/atiku-declares-paltry-n20m-yearly-income/

Say no to #AtikulooterCONtinua
Say no to #Lootocrats