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Ex-CG NSCDC Abolurin, 6 Others Charged With N2.5billion Fraud

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Ex-cg Nscdc Abolurin, 6 Others Charged With N2.5billion Fraud
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Ex-CG NSCDC Abolurin, 6 Others Charged With N2.5billion Fraud by Daudupress(1): Tue 21, September, 2021



The Federal government has charged a former Commandant General of the Nigerian Security and Civil Defence Corps (NSCDC), Dr. Adewale Abolurin and six others before the Federal High Court in Abuja for laundering N2.5billion. Other defendants in the case are Hakeem Adekunle Shittu, Akeem Ajasa Adeyinka, Gbemi Kehinde, Sanusi Yakubu Tofa, Aminu Lamu Yaji and Lamu Multi Services.

In one of the charges, Dr. Adewale Abolurin and another accused person, Hakeem Adewale Shittu were accused of directly transferring N2,493,188,840.00 from the Nigerian Security and Civil Defence Corps Zenith bank Account No 1013280568. The duo were also accused of transferring the sum of N314,020,000.00 from the same Nigerian Security and Civil Defence Corps Account with Zenith Bank to one VeronicaOdita with Zenith Bank account No: 1001121868 which they ought to have known or reasonably ought to have known to have formed part of proceeds of unlawful act to wit criminal breach of trust in respect of the funds of NSCDC thereby committed an offence contrary to Section 15(2) (b) of the Money Laundering (Prohibition)Act.2011, As Amended and punishable under Section 15(3) of the Act.





In another count, both Abolurin and Shittu were accused of transferring N390,218,375 from the NSCDC account with the Zenith Bank to the Zenith Bank Account of Olusegun Joshua Ogunkolo with Account No: 20885980277 which was a criminal breach of trust in respect of the funds of NSCDC punishable under Section 15(3) of the Money Laundering (Prohibition) Act.

Another sum of N405,520,74.00 was also alleged to have been transferred from the NSCDC account with Zenith Bank to another Zenith bank operated by one Adewole Kokoyi. Hakeem Adewale Shittu was accused of receiving cash payment of $9,835,170USD being equivalent of N2,206,078,240.00 from one Adewale Samuel Kukoyi without going through a financial institution thereby committed an offence contrary to Section 1(a) of the Money Laundering (Prohibition )Act 2021. Hakeem Adewale Shittu in another count was also accused of making cash payment of $9,855,170 equivalent of N2,206,078,220 without going through a financial institution thereby committed an offence contrary to Section 5 (a) of the Money Laundering (Prohibition) Act 2011 as amended and in conjunction with Sections 16(1)(d) of the same Act and punishable under Section 16 (2) (b) of the same Act.

Dr. Adewale AbolurinFederal GovernmentNigerian Security and Civil Defence Corps (NSCDC)

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Ex-cg Nscdc Abolurin, 6 Others Charged With N2.5billion Fraud

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