TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Ex-governor Ohakim gave me $2.29m cash to buy house – Witness

The Citizen by The Citizen
May 5 2016
in Financial Crimes, Uncategorized
A A
0

A witness,  Mr. Abu Sule, told a Federal High Court in Abuja on Wednesday that he collected $2.29m cash in Ghana-Must-Go’ bag from a former Governor of Imo State, Ikedi Ohakim, to help the former governor to buy a property in Asokoro, Abuja.

Sule, the Economic and Financial Crimes Commission’s second prosecution witness in Ohakim’s ongoing trial, said this while he was being cross-examined by the former governor’s lead counsel, Awa Kalu (SAN).

The witness said he collected the $2.29m, which was an equivalent of N270m, from Ohakim in $100 bills at night sometimes in November 2008 and handed it over to the then owner of the property, Alhaji Isah Maidabino, the next day.

The witness, an architect and Managing Director of Tweenex Consociates H.D Ltd., said he kept the money in the boot of his car overnight before handing it over to Maidabino, now a director in the office of the Head of Service of the Federation.

The EFCC is prosecuting Ohakim who was Imo State governor between 2007 and 2011 on three counts of money laundering.

The charges arose from his alleged purchase of the property at 60, Kwame Nkrumah Street, Plot No 1098, Cadastral Zone A04,  Asokoro District, Abuja with cash payment of $2.29 which was said to be dollar equivalent of N270m in November 2008.

Ohakim was also accused of failing to declare the property as part of his assets when asked by the EFCC to do so.

The prosecution said the offences bordering on cash payment of N270m violated section 15(1)(d) and section 14(1)(b) of the Money Laundering (Prohibition) Act, 2004.

Sule had earlier in his evidence-in-chief, narrated how he allegedly helped Ohakim to buy and conceal the former governor’s ownership of the property.

The witness had told Justice Adeniyi Ademola, that the former governor instructed him to use his (Sule’s) company, Tweenex Consociates H.D Ltd., to buy the property.

Led in evidence by the prosecution counsel, Mr. Festus Keyamo, the witness said Ohakim subsequently put pressure on him to prepare a tenancy agreement with Tweenex as the landlord to make it look as if he (Ohakim) was a tenant in the property.

Fielding questions from Kalu on Wednesday, Sule said he did not count the $2.29m when the former governor handed over the money to him out of trust they had for each other.

He however said he counted it along with Maidabino before handing the money over to him.

He said, “The money ($2.29m) was given to me by the defendant. It was given to me in a ‘Ghana-Must-Go’ bag and that was how I transported it. It was in $100 bills. I didn’t count the money and he (Ohakim) didn’t request for counting because we trusted each other. But I counted it along with Alhaji Maidabino.

“I did not issue a receipt because a receipt was not demanded. I was sent on an errand and I delivered it.

“I carried the money to a bank in Maitama in Unity Bank. I handed over the money to Alhaji Maidabino at Unity Bank.

“Alhaji Maidabino issued deed of assignment and sale agreement to me.

“He did not acknowledge the receipt of the sum in writing.

“I didn’t pay the money into any account. I didn’t see Alhaji Maidabino pay that sum into any account. I did not witness any transaction.

“What Alhaji did with the money, I don’t know. But he handed over the title documents of the property to me.”

Fielding more questions, he said did not have any security arrangement in place when carrying the money from one place to another.

He said, “I had no security. I trusted in God. I left the money in my car boot and I went home and I slept. I was not accompanied to the bank by any security operative, I went alone.”

He confirmed that all his dealings with the former governor were always documented and that he had issued a receipt for a N20m transaction to the defendant.

Sule confirmed that he did not issue any receipt for the $2.29m given to him by Ohakim.

He also said he did not collect any receipt from the Maidabino because the title documents which he collected from him (Maidabino) were sufficient as proof of payment.

Sule said, “I gave the money to him (Maidabino) and he gave me the title documents. He signed the sales agreement and I believe that was a good receipt.”

But he confirmed that the sales agreement was between Tweenex and Maidabino and  that up till date, Tweenex remained the registered owner of the property at 60, Kwame Nkrumah Street, Plot No 1098, Cadastral Zone A04,  Asokoro District, Abuja.

He said he could not confirm the details of the use of the property as collateral by Maidabino for certain loans.

But he confirmed that up till October 6, 2009 the transfer of the ownership of the property was still “encumbered” by Unity Bank.

The EFCC called Maidabino as its third prosecution witness on Wednesday.

Maidabino confirmed that he sold the property to Tweenex through Sule sometimes in November 2008.

Led in evidence by Keyamo, the witness, a serving director in the office of the Head of Service of the Federation,  said he had finished building the house in 1997 while he was a deputy director in the Presidential Villa.

Maidabino, who will be 60 on June 6, 2016, confirmed that he collected $2.29m cash at Unity Bank, Maitama, from Sule for the sale of the house.

Justice Ademola adjourned the trial till Thursday. – Punch.

 

Previous Post

Senate plans death penalty for kidnappers, 5-year jail term for randy lecturers

Next Post

Making Nigeria a value-based society – Nigerian Pilot

Related Posts

ICPC grills Gbajabiamila over PFIPC
Financial Crimes

ICPC grills Gbajabiamila over PFIPC

July 21 2026
Police arrest four cops for extorting ICPC chairman in Abuja
Financial Crimes

Police arrest four cops for extorting ICPC chairman in Abuja

July 20 2026
Court orders FG takeover of 48 Malami properties
Financial Crimes

Court orders FG takeover of 48 Malami properties

July 16 2026
Ex-CCT chairman pleads not guilty to corruption, remains in custody
Financial Crimes

Ex-CCT chairman pleads not guilty to corruption, remains in custody

July 9 2026
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe
Financial Crimes

PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe

July 6 2026
Fake agency scandal: Presidency faces heat as FG prosecutes embattled DG
Financial Crimes

Phantom Agency: Fresh evidence reveals SGF clearance to Adeyemi for Canada summit

July 6 2026
Next Post

Making Nigeria a value-based society – Nigerian Pilot

China trip: Matters arising – Nigerian Tribune

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

APPOINTMENTS

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

ODDITIES

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

by The Editor
June 28 2026
0

GLOBAL NEWS

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

Nine European countries, Ukraine form defence coalition

Nine European countries, Ukraine form defence coalition

by The Editor
July 14 2026
0

...

Putin orders Russian nuclear forces on high alert

EU, UK hit Russia with joint sanctions over cyber attacks

by The Editor
July 14 2026
0

...

Reps in rowdy session over motion to summon Tinubu

Xenophobic attacks: Reps reject calls to suspend ties with South Africa

by The Editor
July 10 2026
0

...

State of the States

Lagos blames heavy rainfall for worsening road conditions

Lagos blames heavy rainfall for worsening road conditions

by The Editor
July 17 2026
0

...

Kogi govt confirms rescue of abducted principal, NECO official, two students

Kogi govt confirms rescue of abducted principal, NECO official, two students

by The Editor
July 17 2026
0

...

Anambra agency cracks down on illegal street trading, shanties in markets

Anambra agency cracks down on illegal street trading, shanties in markets

by The Editor
July 14 2026
0

...

Plateau Assembly moves to provide pensions for ex-lawmakers

Plateau Assembly moves to provide pensions for ex-lawmakers

by The Editor
July 10 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
FG mulls structures demolition for Lagos Coastal Highway service lanes, flood control

PFIPC scandal: How CBN opened domiciliary accounts for phantom agency

July 21 2026
Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

July 21 2026
Ex-transport minister Rotimi Amaechi’s mother dies at 89

Ex-transport minister Rotimi Amaechi’s mother dies at 89

July 21 2026
Nigerian soldiers now earn N100,000 monthly, says Defence Minister

FG denies rumours of Defence Minister’s alleged resignation

July 21 2026

EDITORIAL REVIEW

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Jega resonates loudly on Electoral Act underbelly – Punch

Jega resonates loudly on Electoral Act underbelly – Punch

by The Editor
July 14 2026
0

Almajiri Commission: Stop this budgeting absurdity – Punch

Almajiri Commission: Stop this budgeting absurdity – Punch

by The Editor
July 13 2026
0

Boko Haram destroyed over 500,000 houses in North-East – Agency

Deadly toll of living with terrorism – Punch

by The Editor
July 9 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.