- A report claims that more funds were discovered in some accounts allegedly belonging the CJN, Walter Onnoghen
- The alleged intelligence report shows further what it terms suspicious transactions, including an $800,000 bank investment subscription
- The report says an investigative team discovered “a self- transfer of £40,268.40 into the account on May 31, 2016"
There seems to be more trouble for embattled Chief Justice of Nigeria (CJN), Walter Onnoghen, as reports say that more suspicious funds may have been discovered in his accounts as his trial continues at the Code of Conduct Tribunal.
The Nation reports sources as showing further what it termed suspicious transactions, including an $800,000 bank investment subscription.
According to the report, $630,000 was found lodged in some of the accounts “through what is described as ‘structured payments’ in tranches of $10,000 each.
It said most of the lodgements happened between 2012 and 2016 and were undeclared in the CJN’s assets declaration form, according to the sources.
The media organisation said it stumbled on an intelligence report on the CJN’s accounts which read: “Pattern of structured payments of $10,000.00 each in 2012. For example, a total of $630,000.00 was credited to the accounts using this pattern.
”Similarly structured payments of $10,000.00 amounting to $297,800.00, $50,000.00 and $36,000.00 were deposited in the account in 2013, 2015 and 2016 respectively.
“There was also a credit of $121,116.00 into the account from 2014 to 2016 from Life Friend Plc. The payments were in four installments, of $30,279.00 each. These payments suggest the suspect has investments.
“A payment at $482,966.00 from Alicia Redemption Pro and shortly after, $800,000.00 was invested in SCB Investment subscription. We are in the process of verifying these transactions;
“Other suspicious transactions in the account are credit of $19,764.00 from Pur of Noble and seven (7) payments of $3,250.00, each amounting to $22,750.00 from Lloyds TSB.”
The report added that the investigative team discovered “a self- transfer of £40,268.40 into the account on May 31 2016.
“There were also self-deposits by the suspect of £49,760.00 from July 2015 to September, 2016 but the balance as at September 30, 2016 was £108,348.00.”
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Concerning the naira account, the report allegedly said: “The following highlights some of the suspicious activities in the account: A transfer of N41,262.000.00 ($260,000) was made from the dollar account. The money was used to make payment of N41million to Ad hoc Committee on the Sale of Federal Government Houses, suggesting that he bought a property with proceeds of the transfer;
“The only other significant transactions in the accounts are six (6) structured cash payments of N500,000.00 each and one payment of N700,000.00 amounting to N3.7 mlllion from November, 2013 to August, 2016.”
The report quoted sources as saying all the alleged transactions were being investigated.
Legit.ng earlier reported that Walter Onnoghen was absent at the Code of Conduct Tribunal where his trial commenced over a false declaration of asset on Tuesday, January 22.
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Onnoghen Absent As Trial Commences | Legit TV