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EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres - Politics - Nairaland

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EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Nobody: 5:15am On Mar 07, 2019
The Economic and Financial Crimes Commission (EFCC) has insisted that Vice President Atiku Abubakar’s son-in-law, Abdullahi Babalele’s, was arrested for money laundering.


Many had queried the timing of the arrest, which coincided with the start of the Peoples Democratic Party (PDP) candidate’s legal battle against President Muhammadu Buhari’s election.

The Nation reported on Wednesday that Babalele is under investigation for alleged laundering of €150million.


Babalele was released on bail on Tuesday after days of interrogation. His passport was, however seized by the EFCC.

But Mr. Uyi Giwa-Osagie (Atiku’s lawyer) is still in custody. The agency said about €67,950,000 of the €150m has been traced to the accounts of him, Babalele, two slush firms and two Bureau De Change operators.

Of the €67.9m, Uyi’s account received 26,050,00million Euro between January 9th and 28th, 2019. Babalele is expected to account for 41,900,000 Euro.


Meanwhile, the EFCC has released more details of transactions involving Osagie.

A document said: “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.

“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.

“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.

“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.”


http://dailypost.ng/2019/03/06/efcc-releases-bank-transactions-details-atikus-son-law-lawyers-arrest-emerge/amp/

15 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Dannyset(m): 5:34am On Mar 07, 2019
No wonder this guy want to sell NNPC. Thank God for rejecting him.

239 Likes 18 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Nobody: 5:36am On Mar 07, 2019
This is just media propaganda, he was obviously released because the accusation holds no water..

From the article above, it was not cash hauled but transactions made via the banks and a system is in place in all banks to report transactions above $10,000.

The monies were moved from institutions to institutions whom were aware and no trace of government funds from both ends, neither was it tagged fraudulent.

289 Likes 30 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by dante0147: 5:45am On Mar 07, 2019
Somebody that has different business and you say atiku shouldn’t have that kind of money ?

165 Likes 9 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by docadams: 5:46am On Mar 07, 2019
This will shut up the Atiku's camp momentarily.

56 Likes 4 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by obinoral1179(m): 5:49am On Mar 07, 2019
EFCC stops media trial this won't help you... But all this dollars can give someone BP......

109 Likes 6 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by reality47: 5:55am On Mar 07, 2019
What has happened to three bulloons van that convey money to bola hammed tinubu house at his burdillon resident. Is that not money laudering?. Where is the efcc?. Na wa oo

354 Likes 35 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by lonelydora: 5:56am On Mar 07, 2019
Exodus 23:26b .... I'll make sure you live full and complete lives (Message Translation)


HAPPY BIRTHDAY TO ME!!!

44 Likes 5 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by CodeTemplar: 5:57am On Mar 07, 2019
So what's special about €100m and
how much did APC spend in 2015 elections? Buhari is too obsessed with the idea of nailing opposition members with his anti corruption war.
I hope the 'independent' EFCC asks questions about Bola Tinubu's bullion vans also.

120 Likes 10 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Niorte: 6:05am On Mar 07, 2019
EFCC has no shame at all. The way they started media trial of the CJN. Let them go to court and stop this unprofessional conduct.

By the way, Tinubu is yet to be investigated and prosecuted even after the MD of Alpha Beta released a strong damning report on the corruption of the company.

May God punish the leadership of EFCC and all those controlling them within and without. I hate unfairness and hypocrisy.

107 Likes 14 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by mekaboy(m): 6:09am On Mar 07, 2019
EFCC should be scrapped. That agency is useless.

73 Likes 7 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by aolawale025: 6:09am On Mar 07, 2019
Why should a security organisation splash details of its investigation in public? Media trials. If you have your facts, go to Court

67 Likes 9 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by mycar: 6:19am On Mar 07, 2019
Useless EFCC

28 Likes 5 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by castrol180(m): 6:38am On Mar 07, 2019
Ok, accepted but how about Buhari's sponsors and money crawlers...Tinubu should also be in this position and be checked undecided Nigeria is somehow

28 Likes 3 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by emmykk(m): 6:39am On Mar 07, 2019
Dear EFCC, we want to see the content of the bullion van that went to Ahmed Bola Tinubu residence on eve of election.

46 Likes 5 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by naijaguy1234(m): 6:39am On Mar 07, 2019
Alhaji why na ? Thief is in your blood .
This is why that CBN governor should go, he knows about all this transactions.

8 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by freemanbubble: 6:40am On Mar 07, 2019
Whether them like it or not we are winning this in court

Buhari can never be our president

9 Likes 2 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Harrymig1(m): 6:41am On Mar 07, 2019
shocked
Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by fakuta(f): 6:42am On Mar 07, 2019
EFCC is a commission use to balckmail any perceived enemies of ruling party

29 Likes 2 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Onlinealaba(m): 6:42am On Mar 07, 2019
Until they investigate the 2 bullion van that was found in Tinubu premises I won't take them serious...that's how they arrested two bank agents at the airport forming jagaban..

Check my signature, get your electronics, SMART TVs, air conditioners, washing machines and sound bars at affordable rate,payment on delivery, BUY4ME services available too with POD option

25 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by RealityShot: 6:43am On Mar 07, 2019
When we call him TIF
some gum heads will be defending him!


mtchewww!

what is that boy's job that he is controlling £150 million i.e. N61 billion

11 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by DWJOBScom(m): 6:43am On Mar 07, 2019
Esseite:
This is just media propaganda, he was obviously released because the accusation holds no water..

From the article above, it was not cash hauled but transactions made via the banks and a system is in place in all banks to report transactions above $10,000.

The monies were moved from institutions to institutions whom were aware and no trace of government funds from both ends, neither was it tagged fraudulent.

Don’t mind those clowns looking for cheap victories for their crew

24 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by AnanseK(m): 6:43am On Mar 07, 2019
mekaboy:
EFCC should be scrapped. That agency is useless.

So said the criminals.

15 Likes 2 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by kingthreatz: 6:45am On Mar 07, 2019
The Atikus. Corruption and Money Laundering incorporated

10 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by donttouchme: 6:45am On Mar 07, 2019
This is so wrong. How can you release someone's transactions like this. Why not present such in court. Efcc has outlived their usefulness and should be scrapped. #scrapefcc.

33 Likes 3 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by olagbola45(m): 6:45am On Mar 07, 2019
Esseite:
This is just media propaganda, he was obviously released because the accusation holds no water..

From the article above, it was not cash hauled but transactions made via the banks and a system is in place in all banks to report transactions above $10,000.

The monies were moved from institutions to institutions whom were aware and no trace of government funds from both ends, neither was it tagged fraudulent.

Always defending criminality

That wen section dis sub section dat of 2055 constitution will b springing up

Shame

21 Likes 1 Share

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by olagbola45(m): 6:46am On Mar 07, 2019
DWJOBScom:


Don’t mind those clowns looking for cheap victories for their crew

Bunch of criminals

5 Likes

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Ezebinaugwu(m): 6:46am On Mar 07, 2019
Dannyset:
No wonder this guy want to sell NNPC. Thank God for rejecting him.

Stop being ignorant my friend. All I see here is money business transactions from on firm to the other via the banks and banks are obliged to report to CBN all transactions above 100000 USD so even the CBN are aware of this transactions

36 Likes 4 Shares

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by musazulyadain: 6:47am On Mar 07, 2019
that is how they would have rigged election with their stolen money, but God will expose them all.

11 Likes

Re: EFCC Releases Bank Transactions As Details Of Atiku’s Son-in-law, Lawyer’s Arres by Ahmeduana(m): 6:47am On Mar 07, 2019
This Idiots Won't Learn Lesson that Media trial Won't Leads Any where.

13 Likes 1 Share

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