EFCC
Alleged ₦27bn Fraud: Witness Reveals How ₦1.8bn Meant for Christmas Grains in Taraba Was Siphoned
A third prosecution witness (PW3) in the trial of former Taraba State Governor, Darius Dickson Ishaku, alongside the former Permanent Secretary in the state’s Bureau for Local Government and Chieftaincy Affairs, Bello Yero, on Monday, July 13, 2026, told Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Abuja, how ₦1.8 billion meant for the purchase of Christmas grains in Taraba State was transferred into his company’s account from one of the local government salary transmission accounts.
The Economic and Financial Crimes Commission (EFCC) is prosecuting Ishaku and Yero on a 15-count charge bordering on criminal breach of trust, conspiracy, and conversion of public funds to the tune of ₦27 billion.
Led in evidence by prosecution counsel, Rotimi Jacobs, SAN, the witness, Taiwo Johns, told the court that the money was paid into the account of P3 Cornerstone International Nigeria Limited on the directive of his boss, the second defendant, Bello Yero, as well as the Director of Finance and the Chief Cashier.
“All the money paid into P3 Cornerstone was based on the directive of my boss, Alhaji Bello Yero, the Permanent Secretary; Babangida Hassan, the Director of Finance; and John Columba, the Chief Cashier, who was my immediate boss,” he said.
He disclosed that the defendants transferred funds into his company’s account 69 times, adding that each transaction had details such as the serial number, date of transaction, account number debited, account name, beneficiary account number, beneficiary account name, and the amount transferred.
He further stated that all 69 transfers originated from Gassol Local Government in the state.
When asked by the prosecution counsel if he knew the total amount transferred into his account, the witness responded: “The amount was roughly about ₦1.7 billion to ₦1.8 billion, on the instruction of the Permanent Secretary, Bello Yero; Babangida Hassan, the Director of Finance; and John Columba, the Chief Cashier.”
Asked what he did with the money, the witness said: “I reported back to them that money had entered my account. They then gave me further directives either to send it to Mr. Prince, who is PW2, or to withdraw some of it. After the withdrawal, they came with Dare Lawal, PW1, who would confirm the money, and they would leave with it. Sometimes, Alhaji Bello Yero, the Permanent Secretary, would come personally and take the money to the Government House.”
Asked how he knew the money was taken to the Government House, the witness replied: “Sometimes, I would drive the second defendant to the Government House with the money in a Ghana-Must-Go bag, drop him off, and then leave.”
He further testified that all 69 transfers into his account came from the Gassol Local Government Salary Transmission Account, which, according to him, was used for salaries, projects, revenue, and other government transactions.
The witness also told the court that ₦100 million was paid into the P3 Cornerstone account on December 24, 2018, through a payment prepared by the Bureau for Local Government and Chieftaincy Affairs and authorised by the two signatories—the Permanent Secretary and the Director of Finance.
According to him, the narration on the e-payment indicated that the money was meant for the purchase of assorted grains for distribution during the Christmas and New Year celebrations.
Referring the witness to Exhibit 9, Jacobs asked: “Look at Exhibit 9. See the last transaction on page 11 dated December 24, 2018. What was it for?”
The witness responded: “The last transaction was ₦100 million for the purchase of assorted grains for distribution during Christmas. Some of the money was withdrawn in cash. My Lord, you may wish to know that the account is a business account. I waited for instructions, so when the ₦100 million came in, I withdrew it all in cash and handed it over to Dare Lawal.”
He also told the court that there was a cheque for ₦30 million on page 3 of Exhibit 11, which was also paid into the P3 Cornerstone account, adding that the money was not used for the purchase of assorted grains for Christmas distribution.
Asked whether he purchased any grains with the funds, the witness replied: “No, sir.”
Justice Oriji thereafter adjourned the matter until July 14, 2026, for the continuation of trial.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
EFCC
EFCC Photo News
The Japanese Ambassador-Designate to Nigeria, His Excellency, Hideo Suzuki Paid a Courtesy Visit to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede in his office today, October 28, 2026. He was accompanied on the visit by First Secretary, Security, Yuji Murakami and Senior Information Analyst, Dogara Ankut.


EFCC
₦2.7bn Fraud: Court Jails Former Banker for 39 Years
Justice O. O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, October 27, 2026, sentenced a former banker, Christopher Jackson Edeh, to a total of 39 years’ imprisonment for his involvement in a ₦2.7 billion fraud prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).
Edeh, who was arraigned on February 28, 2024, faced nine counts bordering on fraudulent false accounting and unauthorised access to a computer system.
The charges alleged that he altered the bank account details of several customers and government-related entities, including the Kano State Government Power Intervention Fund, NNPC Trading Limited, Stallion Vision Ltd, the Lagos State Government Blue Line, the State Contributory Pension Account and Chukwuemeka Odumegwu Ojukwu University, with intent to defraud.
During the trial, prosecuting counsel, Z. B. Atiku, called three witnesses and tendered several documents in evidence to establish the case against the defendant. The defence, in turn, called one witness.
In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case beyond reasonable doubt and consequently convicted Edeh on all nine counts.
The court sentenced him to five years’ imprisonment without an option of fine on each of counts one to seven, bordering on fraudulent false accounting, and two years’ imprisonment without an option of fine on each of counts eight and nine, relating to unauthorised access to a computer system with intent to facilitate the commission of crimes.
The court ordered that all the sentences run concurrently.
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