Abia State College of Education (Technical) Arochukwu: What Message Did Ikpeazu Pass Across?

I read that the Governor of Abia State, Dr. Okezie Victor Ikpeazu has approved the re-appointment of Dr. Philip Nto, PROVOST, Abia State College of Education (Technical) Arochukwu, for a second term in office after the expiration of his first term of four years.

I do not understand Governor Ikpeazu’s philosophy of governance, thus I would humbly request that his aides who know better teach some of us at this point in time, especially concerning some of his recent actions.

I’m very much aware that the staff of the institution are presently being owed at least 22 months salary arrears. So Ikpeazu’s re-appointment of the provost passes two messages across. One is that, it’s either the Ikpeazu led government cherishes failure, or that the Ikpeazu led government is entirely responsible for non-payment of the accumulated salary arrears of the staff of the institution, and therefore knew that the removal of the provost wouldn’t change anything.

These are sad developments that keep coming out of Abia, yet, the governornment would turn deaf ears, but when those being owed decide to express themselves, may be by way of protest, the government and her army of aides would quickly accuse an imaginary opposition of sponsoring them.

The salary debacle vis-a-vis staff battle with the authorities of the institution has been in the news in the last two years, sadly the Ikpeazu led appears not to consider it a priority deserving a serious attention that should warrant a decisive and fundamental response.

How can an academic institution owing 22 months salary arrears churn out quality students? Is it that the institution is in the category of those that have been asked to forfeit salaries owed them and embrace a new regime of prompt payment of salaries?

Time truly flies, hence my fear that the Ikpeazu led government might not be able to clear the huge mess threatening the continuous existence of some of our sensitive institutions before the end of his tenure.

I know that the government cannot solve all the problems confronting the state, but getting to the root cause of the salary crisis rocking most state government parastatals and initiating a solution mechanism would have shown the government as one that is thorough and detailed in the issues of governance, especially because of the sensitivity of these institutions.

I just hope we are not building an institutional time bomb that would collapse when we least expect!

Ferdinand Ekeoma
27/02/2020.

MINING: NIGERIA HAS THE HIGHEST QUALITY OF DIMENSION STONES – OGAH.

The Minister of State, Mines and Steel Development, Dr. Uchechukeu Sampson Ogah has disclosed that Nigeria is blessed with the highest quality of granite, marbles and tiles in the world.

He stated this during his tour of the OFL Marble and Granite Processing Factory in Uke, Nasarawa State, on Tuesday, 18th February, 2020.

Dr Ogah said with the high quality of dimension stones in the country, the country did not have the need to import tiles but rather has the potential to export. He added that the Ministry would provide the necessary support to build capacity that would help expand the industry, create jobs and lift the teeming youths out of poverty.

He assured of the Ministry’s collaboration and partnership in providing the necessary licences and titles to assist them in developing the factory.

Earlier in his address, the Managing Director, Mr. Makoji Aduku, said the country has about 40 exotic stones, with different colours which are rare in other parts of the world, saying that some of the stones which is the pride of some countries, are in abundance in Nigeria.

He said the factory has the capacity to produce exotic stones that meet export standards and can compete in international markets.

Tine- Iulun, M.A
for: Director (Press & Public Relations)
18/2/2020.

N150bn fraud: More trouble for T.A. Orji, son as lawyer drags duo to CCB over undeclared assets.

An Abuja-based lawyer may have worsened the woes of Senator Theodore Orji and his son, Chinedum Orji who are undergoing investigations for alleged fraud in excess of N150billion.

The lawyer, Chinwendu Nduka-Edede, a constitutional lawyer and anti-corruption crusader has petitioned the Code of Conduct Bureau demanding investigation of Senator Orji and his son, Chinedum, who is also the Speaker of the Abia State House of Assembly.

The petition, obtained by Crimefacts.news, dated February 12 cited the outcome of the ongoing investigation of the Economic and Financial Crimes Commissions (EFCC) which chronicles more than 150 bank accounts belonging to Chinedum Orji and humongous cash deposits in Naira and Dollars without any evidence of good traded or services rendered for such cash inflow.

The EFCC report also observed that huge amounts of cash in Naira and Dollars were often withdrawn in cash and deposited in cash, apparently to forestall tracking of the funds.

Funds in excess of N150 billion were traced to the Orjis and the lawyer, Chinwendu Nduka-Edede based on the findings, is asking the CCB to investigate the Orjis and determine if all the huge assets traced to them were declared in full, in compliance with the code of conduct for public officers.

The petition read in part: “It is in view of the above revelation that I petition your office for immediate investigation of Senator Theodore Ahamefula Orji and Hon. Chinedum Orji to ascertain whether the above revelation from the investigation of the EFCC were declared by them to your office and recommend them if the answer is in the negative, to the Code of Conduct Tribunal for immediate trial and possible conviction.

Crimefacts.news reports that the petition which was received, endorsed and acknowledged by the Code of Conduct Bureau same February 2, 2020 also cited another petition dated March 17, 2017 filed by ‘Fight Corruption: Save Nigeria Group’ alleging that the former Abia governor, Theodore Orji was receiving and diverting various sums of monies that accrued to Abia State.

“Such monies the petition alleged were:

*N383 billion revenue from federal accounts

*N55 billion Excess Crude Revenue

*N2.3 billion Sure-P

*N1.8 billion Ecological funds

*N10.5 billion loan from First Bank of Nigeria through the Ministry of Chieftaincy and Local Government Affairs.

*N4 billion loan from Diamond Bank

*N12 billion Paris Club refund

*N2 billion Agricultural loan for farmers

*N55 billion ASOPADEC

“The petitioners maintained that there was nothing on ground to justify or commensurate to the huge funds received by Abia state government.

Senator Theodore Orji and his son, Chinedum Orji may consequently lose their seats in the Senate and the Abia State House of Assembly respectively, if they are convicted by the Code of Conduct Tribunal.

Meanwhile the leadership of the All Progressive Grand Alliance (APGA) in Abia state has called for the immediate resignation of Senator Theodore Orji from the Senate following his reported indictment in the misappropriation of N150billion of state fund when he was governor of Abia state.

The party also called on the former governor’s son, Hon. Chinedum Orji to toe the path of honour, step down from the Speakership of the Abia parliament and withdraw from the Assembly while the investigations into their ‘monstrous financial atrocities’ last.

The call was contained in a statement made available to Crimefacts.news, signed by theState Publicity Secretary of the party, Ebere Uzoukwa and a representative of Dr. Alex Otti, the Governorship candidate of the party in the last general election, Ferdinand Ekeoma.

It read in part: “It is our considered view that given the damaging revelations, both father and son should step down from their legislative duties and face their matters in EFCC and now the Code of Conduct Bureau (CCB) as they have lost the moral right to represent the people of Abia, much more preside over untainted legislators in the state Assembly. This is without prejudice to their right to be heard in court, should they choose to defend the weighty allegations.”

The statement continued: “We understand that millions of Abians in particular and Nigerians in general have been expressing shock, disbelief and anger over the report due to the magnitude of the thievery and therefore join Abians in solidarity at this moment of sadness and sobriety.

“We believe that the very in-depth report has confirmed our leader, Alex Otti’s long held view that the former governor presided over an era of mindless kleptocracy as governor while continuing his toxic superintendence as a destructive godfather, with the attendant consequences of failure and underdevelopment.

“Like millions of Abians and Nigerians, we believe that Orji and his son committed the kind of financial crimes that bore the trademark of incurable lunacy, and left the legacies of impunity, ruins and absolute destruction which have placed the burden of perpetual suffering, sorrow and subjugation on millions of Abians.”

The party enjoins Abia people to remain strong and vigilant even as the EFCC and CCB continues with their investigations aimed at returning all looted Abia funds as well as bringing perpetrators of financial crimes against Abia state to justice.

APGA stressed without equivocation that the present EFCC and CCB investigations amount to a huge blessing to Abia state as it would help correct all false narratives consistently peddled by the Abia State government; the suspects and their idle appointees against innocent Abians, and unmask all those who have played one role or another in the plundering and destruction of Abia state.

Abia must be delivered from EVIL ONES. Say no to EVIL POLITICIANS .

BREAKING: INEC Presents Certificate Of Return To PDP’s Douye Diri

The Independent National Electoral Commission (INEC) has presented the Certificate of Return to Senator Douye Diri.

Diri’s deputy, Senator Lawrence Ewhrudjakpo was also presented his certificate of return.

The electoral commission in a briefing at the commission’s headquarters in Abuja declared the Peoples Democratic Party (PDP) winner of the November 16 Bayelsa governorship election.

INEC Chairman, Mahmood Yakubu told journalists that Diri was declared the winner after top officials met on Friday morning to review the results of the election, without the votes of the APC which have been voided by the court.

“The total votes cast after excluding those of the APC now stand at 146,999. PDP polled 143,172 and scored 25 percent as required by the law,” Yakubu said during the briefing.

Diri’s victory follows Supreme Court verdict which sacked David Lyon, and his Deputy, Biobarakuma Degi-Eremieoyo.

Justice Ejembi Ekwo, who read the lead judgment on Thursday made the orders after disqualifying the APC’s deputy governorship candidate, Degi-Eremienyo, as a candidate in the election for submitting forged certificates to INEC.

The court ruled that Degi-Eremienyo’s disqualification had infected the joint ticket with which he and the governorship candidate, Lyon, ran for and won November 16, 2019.

A five-man panel of the apex court led by Justice Mary Peter-Odili then ordered the INEC to withdraw the Certificate of Return issued to the APC candidate.

Theodore and Chinedu Orji’s Alleged N150 Billion Naira Theft: Identifying The Crime Partners

1. Beyond the media frenzy, anger and shock generated by Sunday’s revelations detailing how Theodore Orji and his son allegedly stole 150 billion from the coffers of the state government over a 20 year period, it is about time we began looking at some other angles to the story.

2. Did the Orjis steal 150 billion without the active collaboration of civil servants, political appointees and other officers of the state charged with monitoring how public funds are used?

3. What roles did the state accountant generals, auditor generals, director of accounts Government House, Permanent Secretaries, directors in the civil service, commissioners and officials in charge of treasury play in the mindless looting of the state’s resources since the Orjis became public sector players?

4. It is a known fact that Chinedu Orji has never been a signatory to a state account. As speaker of the State HoA, there is very little he can do concerning how funds are drawn or issuing mandate on behalf of the state to banks. How did this none state actor gain access to tens of billions belonging to the state?

5. Theodore Orji was a civil servant before going into the public sector. How did a former civil servant become so wealthy that he could buy off every plot of land in an entire street at the centre of Umuahia? Did the land registration officials express any reservations that a man who had nothing other than his ancestral land in 1999 suddenly became the highest land owner in the entire Abia state?

6. The banks. If you get into the hall of any commercial bank in the country, the first thing you see is a boldly written notice announcing the bank’s obligation to report single transactions exceeding 10, 000 USD. How come fictitious companies with no known address of directors were allowed to receive huge deposits of funds and none of the bank’s including first generation banks raised an eyebrow?

7. When would EFCC be sending out invitations to the branch heads of all the commercial banks in Umuahia to tell the commission what they know about the mindless looting in Abia since the early days of Theodore Orji?

8. Then there are the blood tonic men and women. How much of the stolen billions from Abia state were used in bribing traditional rulers, religious leaders, heads of opposition political parties and the media houses in the state? It is about time the identities of these individuals are exposed to enable Abians know the men and women who joined the Orjis in pillaging the resources of the state.

9. Okezie Ikpeazu is a major beneficiary of the lootomaic disposition of the Orjis. When shall he be made to tell us how much he received from Chinedu and Theodore to fund his disastrous 2015 guber campaign? It is also true that much of the crimes the Orjis committed against the state could not have happened without the active collaboration of Ikpeazu. When shall this rotund, disastrous governor be made to account for his crimes against Ndi Abia?

10. Shall we talk about members of the state House of assembly who refused to question how the billions belonging to the state were being utilised? How could these lunatics have kept quiet in the face of these grand looting? How much of the stolen billions were handed out to the previous speakers and principal officers of the state House of assembly?

11. Let me end on this note: Theodore Orji and his son are without doubt the biggest criminals Abia state has ever seen. But make no mistake; they are not the only thieves. Our efforts now should be channeled to identifying the other thieves and making sure that what they stole from the state is returned while the thieves and their enablers are sent to jail.

Postscript

12. The Supreme Court: we all knew Okezie Ikpeazu never won the 2015 guber election in the state. We all knew how heavily the court officials were bribed. How much of the stolen Abia resources were channeled into bribing court officials, buying awards in media houses and currying the favour of politicians like Dino Melaye, Olusegun Obasanjo and their likes?

©Dodoh Okafor

Alleged N525 Billion Theft By T. A. Orji: Time To Unmask The Real Enemies Of Abia.

Press Release;

The attention of the All Progressives Grand Alliance (APGA) Abia State has been drawn to the widely publicized report of the EFCC Investigation of the former Abia State governor, Theodore Orji, which showed that the former governor and his son, Chinedum Orji allegedly looted funds belonging to Abia state to the tune of over N500 Billion Naira.

We understand that millions of Abians in particular and Nigerians in general have been expressing shock,disbelief and anger over the report due to the magnitude of the thievery and therefore join Abians in solidarity at this moment of sadness and sobriety.

We believe that the very in-depth report has confirmed our leader, Alex Otti’s long held view that the former governor presided over an era of mindless kleptocracy as governor while continuing his toxic superintendence as a destructive godfather,with the attendant consequences of failure and underdevelopment.

Like millions of Abians and Nigerians, we believe that Orji and his son committed the kind of financial crimes that bore the trademark of incurable lunacy, and left the legacies of impunity,ruins and absolute destruction which have placed the burden of perpetual suffering, sorrow and subjugation on millions of Abians.

As strongly held by our Principal, Alex Otti,we believe that the fear of being expposed and brought to justice was the reason why Theodore Orji applied violence and brigandage to have a toothless lackey as his successor who could cover his atrocious acts as governor.

The former governor was so blinded by greed and lust for public funds to the extent that he played down the place of God, and doubted his powers and ability to serve justice to man.

We therefore enjoin Abians to remain strong and vigilant even as EFCC continues with its investigation aimed at returning all looted Abia funds as well as bringing perpetrators of financial crimes against Abians to justice.

Finally, APGA wishes to express her joy and state that the present EFCÇ onslaught is a huge blessing to Abians as it would help correct all false narratives consistently peddled by Abia State government,the suspects and their idle appointees against innocent Abians, and unmask all those who have played one role or another in the destruction of Abia state.

It is also our considered view that given the damaging revelations, both father and son should step down from their legislative duties and face their matters in EFCC as they have lost the moral right to represent the people of Abia, much more preside over untainted legislators. This is without prejudice to their right to be heard in court, should they choose to defend the weighty allegations.

Signed

Ebere Uzoukwa
State Publicity Secretary
APGA.

Ferdinand Ekeoma
Media Assistant to
Dr. Alex Otti

For and on behalf of APGA
Abia State.

SUMMARY OF ABIA STATE MONIES STOLEN BY T. A. ORJI AND HIS SON IKUKU CHINEDU ORJI

Mega Corruption case!!!

Here are the details of the Abia State monies EFCC traced to T.A Orji through his son Chinedum Orji’s account (T.A Orji’s Son and now Abia State HoA Speaker ) and the banks where some are hidden with bank accounts.

1. N383 billion revenue from federal accounts
2. N55 billion from Excess Crude Revenue
3. N2.3 billion Sure-P
4. N1.8 billion Ecological funds
5. N10.5 billion loan from First Bank of Nigeria through the Ministry of Chieftaincy and Local Government Affairs
6. N4 billion Loan from Diamond Bank.
7. N12 billion Paris Club refund
8. N2 billion Agricultural loan for farmer
9. N55 billion ASOPADEC funds.
10. N500 million monthly purported to be security vote, which were being converted for eight years.

Chinedum Orji Enyinnaya’s bank account where the monies were hidden. About 100 bank accounts for one individual o.. Let me give you some.

1. The Fotoworld Industry Limited
A. GTB account with number 2022025805
$20, 849, 044.21 (Twenty Million Eight Hundred and Forty Nine Thousand and Forty Four Dollars Twenty One Cent).

B. First Bank of Nigeria (FBN) account no 2022025764
N362, 573, 056.50 (Three Hundred and Sixty Two Thousand Five Hundred and seventy Three Thousand and Fifty Six Naira, Fifty Kobo).

C. First Bank of Nigeria (FBN) account no 2026144229
$84,000 (Eighty four thousand dollars) cash deposit between 2014 and 2015

D. First Bank of Nigeria (FBN) account no 2022025764 housed.
N342, 573, 056.50 (three Hundred and Forty-two million, five hundred and seventy three thousand, fifty six naira fifty kobo) between 2012 and 2015.

E. First Bank of Nigeria (FBN) Account number 2022025939 between November 2012 and July 2015 recieved a deposit of £1, 689, 320.89 (One million, six hundred and eighty-nine thousand, three hundred and twenty Pounds eighty-nine Sterling).

F. GTB account 0039060117 of the same company housed N88, 300, 000 (Eighty Eight Billion Three Hundred Thousand Naira) between February 2009 and July 2014.

2. Fotofast Industry Limited
A. First Bank of Nigeria (FBN) 2014629152
N20, 861, 165.95 (twenty million, eight hundred and sixty-one thousand one hundred and sixty five Naira, ninety five kobo) between 2011 and 2017.

B. First Bank of Nigeria (FBN) account no 2015559102
N223, 929, 515.37 (Two hundred and twenty three million, nine hundred and twenty nine thousand, five hundred and fifteen naira, thirty seven kobo) Between 2011 and 2016, was lodged in Fotofast’s account number domiciled in FBN.

C. First Bank of Nigeria (FBN) account no 2014629152
N4, 103, 574, 603.59 (four billion, one hundred and three million, five hundred and seventy thousand, six hundred and three naira, fifty nine kobo) 😔

D. First Bank of Nigeria (FBN) account no 2015559102
N223, 929, 515.37 (two hundred and twenty three million, nine hundred and twenty nine thousand, five hundred and fifteen naira, thirty seven kobo)

E. First Bank of Nigeria (FBN) account no 2005428513
N1, 719, 939, 006.77 (one billion, seven hundred and nineteen million, nine hundred and thirty nine thousand, six naira, seventy-seven kobo) between 2007 and 2015

F. First Bank of Nigeria (FBN) account no 2015559102 received the sum of;
N273, 941, 436.47 (two hundred and seventy three million, nine hundred and forty one thousand, four hundred and thirty six naira forty seven kobo)

E. FBN account number 2014668964, received the sum of N64, 898, 657.77. (sixty four million, eight hundred and ninety eight thousand, six hundred and fifty seven naira, seventy seven kobo) Between 2011 and 2015

G. GTB account number 0040777462 received deposits of N425, 606, 131.71 (four hundred and twenty five million, six hundred and six thousand, one hundred and thirty one naira, seventy one kobo) between 2002 and 2009

H. GTB account number 0040777479 received N71, 815, 987 (seventy one million, eight hundred and fifteen thousand, nine hundred and eighty-seven Naira) between 2002 and 2008

I. GTB account number 0040777486 had N23, 463, 880 (Twenty-three million, four hundred and sixty-three thousand, eight hundred and eighty Naira) between 2008 and 2010

J. GTB account number 0040777493.
N158, 499, 815 (one hundred and fifty eight million, four hundred and ninety-nine thousand eight hundred and fifteen naira)

K. GTB account number 0039691058
N50,000,000.00 (fifty million naira)

3. Cheetah Press Limited is another concern of the ex-governor’s son.

A. FBN account number 2006413367 had deposits of N1, 083, 731, 890.93 (one billion, eighty-three million, seven hundred and thirty one thousand eight hundred and ninety naira, ninety three kobo) between 2007 and 2017.

B. Union Bank account number 0034400341
N430, 980, 632.18 (four hundred and thirty million, nine hundred and eighty thousand, six hundred and thirty two naira, eighteen kobo)

C. Standard Chartered account number 000171072 had N42, 009, 795.36 (forty two million, nine thousand, seven hundred and ninety-five Naira, thirty six kobo) between 2011 and 2016.

D. GTB account number 0107577738, N241, 059074. 24 was traced to Cheetah Press between 2011 and 2016 and another N966, 041, 454 between 2011 and 2016.

E. In UBA alone, Cheetah’s account number 1015210129 had N143, 851, 800 between 2010 and 2018;

F. UBA account number 1008016040 had N2, 226, 458, 581.35 between 2016 and 2020.

G. UBA account number 1011361993 of Cheetah had N782, 694, 255.77 between 2007 and 2019.”

Okoi Obono-obla

EFCC Investigates Theodore Orji, Son for Alleged Diversion of N551bn.

The Economic and Financial Crimes Commission (EFCC) yesterday said it had launched an investigation into alleged diversion of over N551 billion by a former Abia State Governor, Chief Theodore Orji and his son, Chinedu, while serving as the governor of the state.

The anti-graft agency said it commenced the investigation in response to a petition by a group, Fight Corruption: Save Nigeria Group, alleging that the former governor diverted various sums of money that accrued to the state government.

In a petition made available to the media by the EFCC, the funds include N383 billion revenue from federal accounts, N55 billion excess crude revenue, N2.3 billion Sure P funds and N1.8 billion ecological funds.

Other monies allegedly diverted are N10.5 billion loan from First Bank Plc through the Ministry of Chieftaincy and Local Government Affairs, N4 billion loan from Diamond Bank, N12 billion Paris Club refund, N2 billion agricultural loan for farmers and N55 billion ASOPADEC funds.

The petition alleged that the Orji-led administration received the funds, though there were no commensurate projects on ground to match the received funds.

In response to THISDAY inquiry yesterday, spokesman of the EFCC, Mr. Tony Orilade

confirmed receiving the petition. He said that the anti-graft agency had started investigating the former governor, saying the investigation “is ongoing.” Under Nigerian law, an accused person remains innocent until he has been found guilty.

The petition alleged that Theodore Orji, who was a Chief of Staff to his convicted predecessor, Dr. Orji Kalu, was the authorising officer drawing N500 million monthly purported to be security vote, which were allegedly diverted.

The petition alleged that when he became the governor in 2007, Theodore Orji continued “to withdraw the N500 million cash monthly from June 2007 to May 2015. “The N500 million is not part of the security funds expended on the Nigerian Police, The Nigerian Army, DSS, Navy anti-Kidnapping Squad, anti- robbery Squad, purchase of security equipment and vehicles for the security agencies,” the petition said.

The anti-graft agency later extended the investigation to his family members to ascertain the link and culpability of the ex-governor’s first son, Chinendum Orji Eyinanya, who is currently the Speaker of the Abia State House of Assembly.

EFCC also said it had discovered about 100 accounts in different banks, with over 80 percent of the accounts still very active. The accounts, which were both corporate and individual, received so much deposit in cash without evidence of job or services rendered.

The EFCC investigation revealed that Fotoworld Industry Limited, with GTB account number 2022025805 was traced to Chinedum.

“The company received deposit of $20, 849, 044.21. The same company with another account number 2022025764 in First Bank of Nigeria (FBN) received a cumulative deposit of N362, 573, 056.50.

“Fotoworld has several other accounts with FBN. The accounts and deposits are: 2026144229, $84, 000 cash deposit between 2014 and 2015; between 2012 and 2015, account number 2022025764 housed N342, 573, 056.50; Account number 2022025939 between November 2012 and July 2015 received a deposit of 1, 689, 320.89 Pounds Sterling.”

The EFCC probe showed that the GTB account 0039060117 of the same company housed N88, 300, 000 billion between February 2009 and July 2014.

Fotoworld Industry Limited, with GTB account number 2022025805, also traced to Chinedum, received deposit of $20, 849, 044.21.

The same company with account number 2022025764 in First Bank of Nigeria (FBN) received a cumulative deposit of N362, 573, 056.50.

The same company, Fotoworld, has several other accounts with FBN. The accounts and deposits are: 2026144229 with $84, 000 cash deposit between 2014 and 2015; between 2012 and 2015, account number 2022025764 with the same bank housed N342, 573, 056.50; Account number 2022025939 with the same bank, between November 2012 and July 2015 received a deposit of 1, 689, 320.89 Pounds Sterling.

The investigation also showed that Exact Construction Limited, traced to Chinedum, is believed to have no record of any construction work in the country; also received humongous deposits in Keystone Bank where account was opened.

Between October 2008 and February 2015, the company account number 005374800 had deposits of N1, 188, 924, 190.41. Another deposit of N636, 372, 642.85 into Exact Construction Limited, Keystone Bank account number 1001538949.

The GTB account 0039060117 of the same company housed N88, 300, 000 between February 2009 and July 2014. The FBN account number 2008232908 also received lodgement of N599, 771, 424.25 between January 2011 and June 2016; account number 200823298 had N731, 135, 357.04 between 2007 and 2016.

“Fotofast Industry Limited is another company registered by the first family to siphoned the resources of the state. Several accounts were opened in FBN by the company.

“The sum of N20, 861, 165.95 entered into the FBN account number 2014629152 between 2011 and 2017. Between 2011 and 2016, another N223, 929, 515.37 was lodged in Fotofast’s account number 2015559102 domiciled in FBN”, findings revealed.