Mr Obiano faces nine charges of diversion of over N4 billion from the Anambra State Government's security votes account in his last five years in office.
Hayatu Hassan, a Bureau De Change operator who testified as the fourth prosecution witness, told the court of how his company received funds allegedly sourced from the Anambra State Government's security vote account. He said he helped to change the money denominated in naira to dollars.of diversion of over N4 billion from the state's account dedicated to security funds in his last five years in office.
He identified the recipients of the funds as Youdoo Ventures, Nazdal Ventures, Moment of Peace Ventures, Easy Diamond Integrated Link Limited and C.I Party Ventures Nigeria Limited. "He would give me instruments through cheque for the transaction to be processed on the security vote account," the witness said.Mr Otubelu confirmed that funds from the security votes account went into the six companies' accounts. But he said the money did not go to the account holders.
The witness said in response,"In the course of my duty, the security agencies were basically paid in cash." He, however, agreed that the state government participated in their funding and expenses as security operatives.
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