Alleged N27b fraud: How I disbursed money, by witness

At the resumed hearing in the matter, the first defendant’s counsel, Eko Ejembi Eko (SAN), asked Onwuzunike what he did with all the money he received.

The witness said that all the money he received and withdrew was on the instructions of his boss (the second defendant).

“It depended on my oga’s instructions,” he said promptly.

The witness had, during his evidence-in-chief, told the court how several transactions and disbursements were done through his accounts.

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He recalled that between 2017 and 2020, he received over N250 million into his Access and Zenith bank accounts.

The witness added that the transactions were mainly to P3 Cornerstone Limited, a company linked to Taiwo Jones, and to Jones himself.

“I did several transactions back to P3 Cornerstone Limited and Taiwo Jones,” Onwuzunike said.

When asked if he took a loan from Nkoli Perpetual, the witness said he could not remember.

“I cannot remember any transactions with Nkoli, and several loans which were repaid,” he said.

Onwuzunike told the court that on November 10, 2017, he received almost N50 million and withdrew N40 million, leaving N5.2 million, which was disbursed on the second defendant’s instructions.

When asked what he did with over N1 million, which remained after he had withdrawn N51 million on October 26, 2018, the witness said he acted on the instructions of the second defendant.

After the first defendant’s counsel had told the court that he was done with his cross-examination, counsel to the second defendant, Adeola Adedipe (SAN), asked for a clear date for his cross-examination.

Justice Sylvanus Oriji adjourned till April 28 at Adedipe’s request.