UBA officer tells court how N1.6bn was allegedly transferred from Bauchi treasury

A compliance officer with United Bank for Africa (UBA), Williams Abimbola, has told the Federal High Court in Abuja how funds were allegedly transferred from a Bauchi State Government sub-treasury account to a private company, JASFAD Resources Enterprises.
Abimbola testified on Monday as the first prosecution witness in the trial of Bauchi State Accountant-General, Sirajo Muhammed Jaja, and four others.
The Economic and Financial Crimes Commission (EFCC) is prosecuting the defendants on an amended five-count charge bordering on money laundering, diversion of public funds and criminal misappropriation involving N1.635 billion.
The other defendants are Aliyu Abubakar, Abubakar Muhamme...