A witness in the ongoing trial of Abdulsalam Ibrahim, Executive Director, Nigerian Airspace Management Agency, NAMA, Tuesday informed the Federal High Court Lagos how the sixth defendant Bola Akinribido and the second defendant Segun Agbolade connived and diverted the sum of N855 million property of NAMA.
At the last adjourned date, the witness Babatunde Adelekan had disclosed that between August 2013 and September 2015 there was an inflow of N837.2 million from the account of NAMA to the account of Delosa Limited, a company owned by the seventh accused person, Abiodun Sesebor and subsequently to the accounts of the second, third, eighth defendants and the relatives of the sixth defendant.
The beneficiaries of this fraudulent disbursement were Randville Invesment Limited And Multeng Travels And Tours Limited, Bamilade Sesebor, Osagie Sesebor and Osaretun Sesebor.
At the resumed hearing, Adelekan revealed before the court how a whooping sum N855 million ended in the pocket of the third defendant Agbolade through the account of Akinribido, the sixth defendant.
It was discovered from the account statement of Akinribido that, whenever he received money from NAMA, same amount was transferred into the bank account of Agbolade who is a General Manager in NAMA while Akinribido works in the ICT department of the agency.
This alleged fraud was perpetrated between January 2013 and February 2016.
Agbolade and Akinribido are standing trial alongside ten others including Ibrahim for allegedly stealing the sum of N6.9 billion from the Nigerian Airspace Management Agency. Upon their arraignment they pleaded not guilty.
The case was adjourned to September 21 and 22, 2016 for continuation of trial.
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