Obiano: Anambra funds paid into private companies’ accounts

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 69%

Business News News

Business Business Latest News,Business Business Headlines

The Nation Newspaper Obiano: Anambra funds paid into private companies' accounts - Witness

in Abuja heard on Wednesday that funds in the Security Vote Account maintained with a commercial bank by the Anambra State Government were moved into private companies’ accounts.

Led in evidence by prosecuting lawyer, Sylvanus Tahir , Otubelu, who said he used to be a banker, told the court that he was in charge of managing the Anambra State security vote account as an Account Officer. When asked what happened to the funds that entered into the private companies’ accounts from the Anambra State Security Vote Account, the witness said: “It was used to process transactions for the Principal Secretary” to the defendant.”The witness identified Obiano’s Principal Secretary, Willy Nwokoye and the Account at the Government House, Theophilus Nweze as the signatories to the security vote account.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines