A prosecution witness, PW17, an operative of the Economic and Financial Crimes Commission (EFCC) and Deputy Superintendent of the Commission (DCE), Ahmed Audu Abubakar, on Monday, February 9, 2026, narrated before Justice James Omotosho of the Federal High Court, Maitama, Abuja, how hundreds of millions of naira allegedly diverted from the Kogi State Government House Administration Account were used to acquire high-end properties in choice areas of the Federal Capital Territory (FCT).<\/p>\n\n\n\n
The EFCC is prosecuting Ali Bello, Chief of Staff to Kogi State Governor Ahmed Usman Ododo and a nephew of former Kogi State Governor Yahaya Adoza Bello, on a 16-count amended charge alongside Dauda Sulaiman and Abdulsalami Hudu, the former cashier of the Kogi State Government House Administration Account, who is currently at large.<\/p>\n\n\n\n
The defendants are standing trial over allegations of misappropriation and money laundering involving \u20a610,270,556,800, funds allegedly withdrawn from the Kogi State treasury and delivered to a Bureau de Change (BDC) operator, Rabiu Tafada, in Abuja, to keep or convert into foreign currencies for personal use.<\/p>\n\n\n\n
At the resumed hearing, Abubakar told the court that the first defendant, Ali Bello, used \u20a6900 million to acquire a property located at No. 35 Danube Street, Maitama, Abuja, housing Spring Hall School.<\/p>\n\n\n\n
\u201cMy Lord, the property belonged to a Honourable member from Bauchi State and was put up for sale for that amount. The first defendant procured the services of a lawyer, Barrister Ramalan, to broker the transaction. Barrister Ramalan carried out the instruction as directed by the first defendant, and the property was eventually purchased.<\/p>\n\n\n\n
\u201cThe payment was made in cash at the office of the Bureau de Change in Zone 4, Abuja, after the naira equivalent was converted to United States dollars. That was the finding of our investigation regarding the transaction,\u201d he said.<\/p>\n\n\n\n
The witness further stated that the funds used for the purchase were withdrawn at different times from the Kogi State Government House Administration Account.<\/p>\n\n\n\n
When shown Exhibit H by prosecution counsel, Rotimi Oyedepo, SAN, the witness confirmed that it was a Deed of Assignment between Pauchi Ventures Nigeria Limited and Y3 Nigeria Limited.<\/p>\n\n\n\n
Asked to identify Y3 Nigeria Limited, the witness explained:
\u201cMy Lord, Y3 Nigeria Limited is the company provided by the first defendant to his lawyer for the preparation of the Deed of Assignment.\u201d<\/p>\n\n\n\n
Moving to count four of the charge, Oyedepo, SAN, stated that the defendant allegedly used \u20a6920 million to acquire a property located at No. 2 Justice Chukwudi (also known as Oguta) Street, Asokoro, Abuja, funds he reasonably ought to have known were proceeds of unlawful activity.<\/p>\n\n\n\n
Responding, the witness confirmed that the EFCC identified the property during investigations.<\/p>\n\n\n\n
\u201cMy Lord, the transaction was brokered by the former Governor of Kogi State, His Excellency Yahaya Bello, himself. He approached a contractor friend who had recently acquired the property through Wastle Motors, owned by Alhaji Sa\u2019id Dantsoho.<\/p>\n\n\n\n
\u201cThey agreed on a price, and the owner accessed a facility from Access Bank. It was agreed that the property would be sold at the same amount it was acquired. Payment was to be made \u2018in kind\u2019 because His Excellency had just assumed office and promised to patronise the contractor during his administration.\u201d<\/p>\n\n\n\n
The witness stated that an account was provided into which loan repayments were made. He said there were numerous cash deposits from Lokoja and transfers from the Bureau de Change operated by Rabiu Tafada, including through his company, Busynet.<\/p>\n\n\n\n
\u201cAll BDC transfers were carried out on the instruction of the first defendant, Ali Bello. That is how the property was paid for, My Lord,\u201d he said.<\/p>\n\n\n\n
He added that the total facility collected as of March 21, 2018, stood at \u20a6808,698,263.29.<\/p>\n\n\n\n
Abubakar further told the court that on April 8, 2020, multiple cash deposits were made at the Lokoja branch of Access Bank towards servicing the loan. He listed the deposits as follows:<\/p>\n\n\n\n
\u2022 Victor Ashimo \u2013 \u20a63,650,000
\u2022 Surajo Samson \u2013 \u20a67,700,000
\u2022 Sikiru Lariyat \u2013 \u20a66,650,000
\u2022 Yusuf Mustapha \u2013 \u20a66,800,000
\u2022 Nasiru Mustapha \u2013 \u20a66,500,000
\u2022 Adamu Mamman \u2013 \u20a66,700,000
\u2022 Shehu Afeez \u2013 \u20a69,500,000
\u2022 Musa Umar \u2013 \u20a69,600,000
\u2022 Mohammed Baba \u2013 \u20a68,900,000
\u2022 Victor Obafemi \u2013 \u20a68,400,000
\u2022 Olushola Hakeem \u2013 \u20a69,200,000
\u2022 Yahaya Ahmed \u2013 \u20a67,600,000
\u2022 Tony Olaoluwa \u2013 \u20a66,800,000
\u2022 Habib Sulaiman \u2013 \u20a68,200,000
\u2022 Yakubu Hamid \u2013 \u20a67,500,000
\u2022 Sunday Sylvester \u2013 \u20a66,900,000
\u2022 Aminu Sani \u2013 \u20a68,700,000
\u2022 Job Awe \u2013 \u20a69,500,000
\u2022 Emmanuel Christopher \u2013 \u20a66,600,000
\u2022 Abdulsalami Aliyu \u2013 \u20a68,300,000
\u2022 Yunusa I. Isiyak \u2013 \u20a67,000,000
\u2022 Sulaiman Alhassan \u2013 \u20a67,300,000
\u2022 Yakubu Idris \u2013 \u20a68,900,000
\u2022 Jami\u2019u Sule \u2013 \u20a68,100,000
\u2022 Ismaila Nasiru \u2013 \u20a67,900,000
\u2022 Yusuf Usman \u2013 \u20a68,500,000
\u2022 Obafemi Ajayi \u2013 \u20a68,800,000
\u2022 Abdullahi Sani \u2013 \u20a67,800,000<\/p>\n\n\n\n
When asked if all the payments were made in cash, the witness replied:
\u201cYes, My Lord.\u201d<\/p>\n\n\n\n
He further stated that the source of the funds used to service the loan was the Kogi State Government House Administration Account.<\/p>\n\n\n\n
On count five, the witness testified that \u20a6170 million was used to acquire a property on Marsin Street, Wuse Zone 4, Abuja, directly behind the residence of former Governor Yahaya Bello at No. 9 Benghazi Street.<\/p>\n\n\n\n
\u201cOur investigation revealed that the funds were withdrawn from the Kogi State Government House Administration Account. The transaction was brokered by the first defendant in conjunction with his late BDC associate, Murtala Maigari,\u201d he said.<\/p>\n\n\n\n
He added that the property owner, a retired Deputy Comptroller of Prisons, Ishaya Adamu Jagaba, supplied an account into which \u20a6100 million was paid, while \u20a670 million was converted to United States dollars.<\/p>\n\n\n\n
On count six, Abubakar stated that the defendants aided the use of \u20a6100 million to acquire a property at No. 1773 Guzape Street, Abuja, with funds traced to the Kogi State Government House Administration Account through a Bureau de Change.<\/p>\n\n\n\n
On count seven, he confirmed the acquisition of a property at No. 176, Plot 4882, Lome Street, Wuse, Abuja, also funded from the same government account.<\/p>\n\n\n\n
On count eight, the witness told the court that \u20a666 million was paid for a property at Plot 739 Aminu Kano Crescent, Wuse II, Abuja, using cash withdrawn from the Kogi State Government House Administration Account, stressing that the payment was not made on behalf of the Kogi State Government.<\/p>\n\n\n\n
The witness had earlier testified on how hundreds of millions of naira were moved from the Kogi State Government House Administration Account and security votes to purchase properties and renovate the family house of former Governor Yahaya Adoza Bello.<\/p>\n\n\n\n
Justice Omotosho thereafter adjourned the matter to February 16, 17, 18, 19 and 20, 2026, for continuation of trial.<\/p>\n","protected":false},"excerpt":{"rendered":"
A prosecution witness, PW17, an operative of the Economic and Financial Crimes Commission (EFCC) and Deputy Superintendent of the Commission (DCE), Ahmed Audu Abubakar, on Monday, February 9, 2026, narrated before Justice James Omotosho of the Federal High Court, Maitama, Abuja, how hundreds of millions of naira allegedly diverted from the Kogi State Government House<\/p>\n","protected":false},"author":3,"featured_media":96062,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164],"tags":[116],"class_list":["post-96194","post","type-post","status-publish","format-standard","has-post-thumbnail","category-efcc","tag-efcc"],"_links":{"self":[{"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/posts\/96194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96194"}],"version-history":[{"count":1,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/posts\/96194\/revisions"}],"predecessor-version":[{"id":96195,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/posts\/96194\/revisions\/96195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=\/wp\/v2\/media\/96062"}],"wp:attachment":[{"href":"https:\/\/kokocurrent.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kokocurrent.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}