N3.1bn Fraud: How Ex-Governor, Gabriel Suswan Laundered N1bn - Witness Reveals

Date: 15-02-2016 9:05 pm (8 years ago) | Author: Mister Jay Wonder
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- at 15-02-2016 09:05 PM (8 years ago)
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The trial of Gabriel Suswan, a former governor of Benue State and his Commissioner of Finance, Okolobia Okpanachi, continued on Monday, February 15, 2016, with a prosecution witness, Brijid Shiedie, managing director and chief executive officer, Benue Investment and Property Company Limited, telling Justice A. R. Mohammed of the Federal High Court Abuja, how the sum of N1bn was allegedly paid to Elixir Security Limited, after a meeting with Okpanachi. Suswan and Okolobia are facing a nine-count charge bordering on diversion of N3.1 billion during his tenure as governor.

At the resumed hearing today, Shiedu, who was led in evidence by prosecuting counsel, Rotimi Jacobs, SAN, further told the court that Elixir was invited by the  state government to carry out a check of where the state’s shares were domiciled and consolidate them in one stock- broking firm.

She added that the state government consequently needed BIPCL, as the custodian of the shares, to sign, in order to enable Elixir achieve the mandate of consolidating the shares. She also told the court that both Suswan and Okpanachi directed BIPCL to pay Elixir the proceeds of Benue State shares, into two accounts, provided by the ministry of finance letter head. However, she said that no specific amount was indicated in the correspondence.

‘‘When Elixir called me to find out what was to be paid into each of the accounts, I said that since the money was going to the Benue State government, a request should be forwarded to the Commissioner of Finance. It was communicated on the Company's letter head,’’ Shiedie explained. The court had earlier admitted in evidence, the certified copy of Certificate of Incorporation of BIPCL from the Corporate Affairs Commission. The defence counsel, Joseph Daudu, SAN, asked for an adjournment to enable him cross-examine the witness, saying she is crucial to the case. Consequently, the case was adjourned to February 16, 2016.



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Posted: at 15-02-2016 09:05 PM (8 years ago) | Addicted Hero
- Ennyolalekan at 15-02-2016 09:27 PM (8 years ago)
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how I wish
Posted: at 15-02-2016 09:27 PM (8 years ago) | Gistmaniac
Reply
- Powerfulify at 15-02-2016 09:36 PM (8 years ago)
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Money all over
Posted: at 15-02-2016 09:36 PM (8 years ago) | Gistmaniac
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- Anny01 at 15-02-2016 09:45 PM (8 years ago)
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Wha cares? Mr. President is recovering from the money laundarer's yet no good change is seen but hardship. What a world of lies?
Posted: at 15-02-2016 09:45 PM (8 years ago) | Gistmaniac
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- ficull at 15-02-2016 09:57 PM (8 years ago)
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Massive looting everywhere we turn. Godwin.
Posted: at 15-02-2016 09:57 PM (8 years ago) | Gistmaniac
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- kp45 at 15-02-2016 10:20 PM (8 years ago)
Online (m)
Money in four corners.
Posted: at 15-02-2016 10:20 PM (8 years ago) | Addicted Hero
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- emma4love3 at 15-02-2016 10:20 PM (8 years ago)
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heavy masive looting....this naim
reck that state....with all his family....
God wil judge all of them sha...through
the cry of the innocent....
Posted: at 15-02-2016 10:20 PM (8 years ago) | Hero
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- dareper at 15-02-2016 10:26 PM (8 years ago)
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Aber make una take am easy dey call this money cuz e dey make my mind cut sometimes. Greedy people. But why e be say no only former governor former this and that from south East, south south, and West buhari dey hunt, so all those im aboki brothers Don suddenly become Saint?
Posted: at 15-02-2016 10:26 PM (8 years ago) | Hero
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- winace at 15-02-2016 10:29 PM (8 years ago)
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He shld pls go to jail together wit his mistress dat they spent d state money for frivolities.
Posted: at 15-02-2016 10:29 PM (8 years ago) | Addicted Hero
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- gogoman at 15-02-2016 10:37 PM (8 years ago)
Online (m)
see the thief eyes........ ur papa
Posted: at 15-02-2016 10:37 PM (8 years ago) | Grande Master
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- ujmaria at 15-02-2016 10:40 PM (8 years ago)
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Money everywhere,
Posted: at 15-02-2016 10:40 PM (8 years ago) | Gistmaniac
Reply
- ujmaria at 15-02-2016 10:40 PM (8 years ago)
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Money everywhere,
Posted: at 15-02-2016 10:40 PM (8 years ago) | Gistmaniac
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- kison at 15-02-2016 11:08 PM (8 years ago)
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NEXT TIME  be careful, be very very careful, CAREFULLLLLLLLLLLLLLLLLLLLLLLLLLL...
Posted: at 15-02-2016 11:08 PM (8 years ago) | Hero
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- samybrowne at 15-02-2016 11:36 PM (8 years ago)
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IF I MAY ASK WHY IS THIS PROBING ONLY FOR THE PDP ?
DOES IT MEAN ALL THE APC EX-GOVERNOR'S ARE ALL SAINTS ?
Posted: at 15-02-2016 11:36 PM (8 years ago) | Upcoming
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- lilchuks28 at 16-02-2016 12:04 AM (8 years ago)
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I weep for my country Nigeria....Que Sera Sera
Posted: at 16-02-2016 12:04 AM (8 years ago) | Upcoming
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- Machealex at 16-02-2016 12:27 AM (8 years ago)
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All this polithiefves don really finish us. Chai
Posted: at 16-02-2016 12:27 AM (8 years ago) | Gistmaniac
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- Maxwell29 at 16-02-2016 06:11 AM (8 years ago)
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Wasted generation
Posted: at 16-02-2016 06:11 AM (8 years ago) | Upcoming
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- charisVEC at 16-02-2016 07:11 AM (8 years ago)
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I see.issokay
Posted: at 16-02-2016 07:11 AM (8 years ago) | Gistmaniac
Reply
- ujmaria at 16-02-2016 09:47 AM (8 years ago)
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Apc versus pdp, we shall see d end
Posted: at 16-02-2016 09:47 AM (8 years ago) | Gistmaniac
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- benokafor at 16-02-2016 10:29 AM (8 years ago)
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Endtime 1 Billion Naira
Posted: at 16-02-2016 10:29 AM (8 years ago) | Upcoming
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fire TRENDING GISTS fire