Banker: How Jang Withdrew N1.9b In Five Months

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4 days 9 hours ago - 4 days 9 hours ago #8591 by patrickd



A witness of the Economic and Financial Crimes Commission (EFCC), Mr. Emmanuel Kpanja, on Wednesday, told the Plateau State High Court, how former Governor Jonah Jang, withdrew the sum of N1.9 billion within the period of five months.

The witness who was the Senior Assistant Manager at Zenith bank Bukuru branch, Jos South, made the allegation before Justice Christine Dabup of a Plateau High Court.

According to Mr Kpanja, on March 26, 2015, the former governor through the former cashier office of the Secretary to Government of the State, Mr. Yusuf Gyang Pam, withdrew N370 million from the bank.

The former Governor and Yusuf Gyang Pam, are standing trial on 17-count charge bothering on alleged money laundering, and breach public trust, misappropriation of public funds, to the tune of N6.3bn.

During Wednesday’s proceedings, the EFCC witness spoke through admitted documents, exhibits 23 to 27 respectively.

He said on the 27 March, 2015, the second accused Mr. Pam, withdrew N36.8 million.

The witness led by Prosecution counsel, A.O. Atolabge, also said the sum of N10 million was withdrawn in 30 tranches, making the sum of N300 million, on the 25th May, 2015, by Mr. Pam.

The witness added that between January ad May 2015, Mr. Pam withdrew the sum of; N7.5m, N3m, N165m, N25m, N60m, N160m,142m, N974.168m, and N260m, respectively.

Mr. Kpanja, said on March 16, 2015, the sum of N550m were also withdrawn by Mr. Pam, in 8 trenches.

Daily Trust reports that the matter has been adjourned till Thursday.

Our correspondent reports that all the accused persons, including the former governor, were present during the hearing.

SOURCE: Dailytrust
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Last edit: 4 days 9 hours ago by patrickd.

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