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Yahaya Bello: BDC operator reveals how over $500m, N3bn flowed into his accounts

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Yahaya Bello: BDC operator reveals how over $500m, N3bn flowed into his accounts
• Former Governor of Kogi State, Yahaya Bello
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An Abuja-based Bureau de Change operator, Jamilu Abdullahi and third prosecution witness in the trial of Ali Bello, on Thursday, before Justice Obiora Egwuatu of the Federal High Court, Abuja, gave a narrative of the financial transactions between him and the Kogi State government under former governor, Yahaya Bello.

The Economic and Financial Crimes Commission, EFCC, which disclosed this in a post on its official X handle on Thursday, said the rundown includes how the ex-governor repeatedly paid the school fees of his three daughters in dollars through him and his companies.

Also mentioned in the case is Ali Bello, the current Chief of Staff to Kogi State Governor, Usman Ododo, nephew of Yahaya Bello. He is facing prosecution by the Economic and Financial Crimes Commission, EFCC, on 18-count charges of money laundering and misappropriation to the tune of over N3 billion, alongside Abba Daudu, Yakubu Adabenege, and Iyada Sadat.

According to EFCC, the witness disclosed that on one of the occasions, Abba Daudu, the second defendant, brought $300,000 in cash to him for the payment of Yahaya Bello’s daughters’ school fees, when led in evidence by the prosecution counsel, Rotimi Oyedepo.

“Abba Daudu called me to say that they have a transaction though it was on the weekend, but I drove down to the office and waited for them to come. Upon their arrival, three of them came. One of them stayed in the car with the driver, two of them walked to my office and a friend of Abba Daudu was holding a black leather bag containing $300,000.

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“Upon entering, he greeted and Abba Daudu introduced him as his friend and business partner, saying he has a transaction. He dropped $300, 000 in cash. I wanted to count the dollars before they left, but I could not due to the power outage. I told him I could not use my hands and needed to confirm that it was $300,000, so I locked the dollars in my office safe and two of them left. Then, Abba Daudu’s friend said when I confirmed the sum, details would be forwarded to me for payment.

“However, the sum of $300,000 attracts some service charges which he said I should calculate and let Abba Daudu know. After I completed the transfer, I forwarded four receipts indicating $75,000 four times to Abba Daudu, and he confirmed to me that the payment was confirmed successfully,” he said.

When asked by the prosecution counsel if he knew anything regarding the transactions on Exhibit D, Pages 50, 52 and 53, he said: “Yes, I know the transactions of $75,000, being paid to the school four times totalling, the sum of $300,000 as forwarded by Abba Daudu and further confirmed that the fees was paid for one of Yahaya Bello’s daughters. And the name of the recipient is Naima Ohunene Bello,” he said.

Another payment of the fees, he recalled, was done by a company, Aleshua Solutions Services, which he said paid the sum of $42,170 for Naima Ohunene Bello.

“It was paid on behalf of the student Naima Ohunene Bello for school fees based on the instruction and as forwarded by Abba Daudu, and the date is 24th January 2022,” he said.

On Page 7 of Exhibit D was $78,160 he identified as payment for school fees through Aleshua Solutions Services in respect of another Yahaya Bello’s daughter, Fatima Oziohu Bello. “Based on the receipt before me, I am seeing acknowledgement of $78,135 being paid for Fatima Bello and on the Aleshua Solutions Services,” he affirmed.

On Page One of Exhibit D, he identified a transaction of $44,675 also for Naima Bello. “I have seen it on the receipt of the payment. $44,700 was paid to the school, but due to internal charges from the bank, $25 was deducted, making the total balance of $44,675,” he said.

The beneficiary school, he told the court, was American International School, AIS.

Regarding transactions from Daudu’s company, Keyless Nature Limited, to his own Kunfayakun company’s account on December 15 and 17, 2021, he said: “I received the sum of N100 million on the 15th December 2021 from Keyless Nature. On the 17th December, 2021, I received N400 million. Meanwhile, on the 21st, 22nd and 23rd, December 2021, I received N100 million. On the 22nd December 2021, I received the sum of N100 million only. On the 23rd December 2021, I received N35 million.

“I also received payment from Remita International in the sum of N40 million on 12th December, 2021, and there was an entry of N33 million on the 17th of December 2021. On the 7th February 2022, I confirmed the receipt of N90 million from Keyless Nature,” he said.

Counsel to Ali Bello, first defendant A.M. Aliyu, who wished to cross-examine the witness, asked for an adjournment to enable him to study and have a full grasp of the massive facts and figures involved. Nurain Jimoh, counsel to the second, third and fourth defendant agreed with him, while the prosecution counsel objected to the adjournment on the account that the witness has been in the dock since February 6, 2023.

“I believe the cross-examination of PW 3 should begin. If there are other grounds, however, the application can be sustained. If not, I urge your Lordship to turn it down,” he argued.

Justice Egwuatu adjourned the matter till October 25, 2024, and November 5 and 6, 2024 for the continuation of trial.

It could be recalled that while testifying on Tuesday, September 24, 2024, the witness identified that Page 9 of Exhibit D also contained $11,000 payment by Whales Oil and Gas to AIS, which was done based on Daudu’s directive, being the one who gave him the account details into which he made the payment.

He further explained on the same date that exhibits 16, 17, 18, 19, 20 and 21 were all payments to AIS. Exhibit 16, he said, captured payments of $7,653 to Bello Nana Fatima. The same he said applied to the payment of $19,296 on Page 17 and $7,725 on Page 18, while pages 19, 20 and 21 captured payments of $6,611.29, $21,470 and $21,492, respectively, in favour of Zahra Bello.

He also narrated on September 24, 2024, how cash deposits running into millions of naira were made into his E-Traders International Limited and Kunfayakun companies’ accounts as well as to his personal account by Daudu.

According to him, on July 27, 2021, he received N10 million and on August 19, 2012, there was a cash deposit of N100 million in N10 million tranches and N100 million deposit on August 25, 2021.

On August 30, 2021, he disclosed that there was a N63 million deposit and an additional N50 million a day later, on August 31, 2021, into his account. He further disclosed that on September 2, 2021, there was a double N30 million lodgment totalling N60 million.

He stated that the inflows into his accounts continued on October 8, 2021, with a transfer of N60 million and a double inflow of N130 million and N139.5 million on November 4, 2021.

On November 10, 2021, N25,134,000 flowed in; another N50 million, he said, flowed in on November 12, 2021, and N200 million on November 30, 2021. The inflows, he said, continued on December 1, 2012, with N220 million and N16,008,000 on December 3, 2021. On December 22, 2012, he said N40 million flowed in from the same source.

The witness, in his September 24, 2024 testimony, also admitted that Kayless Nature Limited deposited N100 million to him on December 21, 2021, with the authorisation of the second defendant.

On December 22, 2021, another N100 million, he said, flowed in from Kayless Nature Limited, and another N60 million from the company on December 29, 2021.

The financial traffic continued on the New Year. According to him, on January 18, 2022, N40 million flowed in and continued thereafter.

“On the 19th of January, 2022, I received N50 million, while on the 24th, 2022, I received N30 million, and on the 28 of that same January, 2022, I received N40 million cash in four tranches, and another N120 million. On January 31, 2022, I received an inflow of N160 million, while on February 1, 2022, I received N110 million, and N150 million on February 8, 2022,” he said.

He further disclosed that on March 2, 2022, a total of N84 million was deposited in his account with another lump sum of N122,980,000 on March 10, 2022 and N60 million on March 21, 2022.

On April 5, 2022, he stated that N150 million flowed in and N140 million a day later, on April 6, 2022.

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Power Belongs To Allah, He Can Take It From Me And Give Another Person, Tinubu Says During Mecca Visit

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President Bola Tinubu has said that political power belongs to Allah, who has the authority to give it to anyone and take it away, declaring that those entrusted with leadership must exercise it in accordance with God’s dictates.

Tinubu made the remarks while reflecting on his recent Umrah pilgrimage to Saudi Arabia, where he was granted access to enter and pray inside the Holy Ka’abah in Makkah.

The President said his emergence as Nigeria’s leader was an extraordinary blessing from Allah, adding that he recognised that his position as President and Commander-in-Chief was not something he could claim to have attained solely through human effort.

Speaking about his understanding of divine authority, Tinubu said Allah was the ultimate giver and taker of power and that anyone who received such a privilege must use it responsibly.

“There is no other God but Almighty Allah. He is the giver and the taker. He owns power and authority. He says, ‘If I give you, use it well. If you don’t use it in accordance with my dictates, I can take it from you and give it to another person. I am the only One who has that authority,” Tinubu said.

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He described his emergence as President as a special favour from God, given the large number of people in the country.

“Out of many millions of people, to be the President and Commander-in-Chief is a favour that only Almighty God can do to a human being,” he said.

The President also expressed gratitude to Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman for granting him and members of his delegation access to the Ka’abah, describing the experience as historic.

He said the green-white-green colours on the fencing around the Ka’abah reminded him of Nigeria’s national identity.

“I want to say a big thank you for the faith, for the recognition. I can’t believe the fencing of the Ka’abah is in Green-White-Green, which reminds us of the Nigerian identity,” he said.

“I thank the Crown Prince and all the administrators of the holy land. I thank them for the hospitality and recognition given to me as the leader of the delegation and the country.

“We are all facing challenges and hostility around us. We will overcome them with faith in God Almighty. I’m grateful forever. I thank the King and the royal Crown Prince.”

Tinubu was accompanied on the pilgrimage by several members of his cabinet, governors and business leaders.

Those in the delegation included Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi; Coordinating Minister of Health and Social Welfare, Ali Pate; and governors from Borno, Sokoto, Jigawa, Kaduna, Yobe and Kwara states.

Business leaders accompanying him included BUA Group Chairman, Abdulsamad Isiaka Rabiu, and Oando Chief Executive Officer, Wale Tinubu.

The President’s remarks come amid his administration’s continued efforts to defend its policies and record in office.

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OK Movement USA Reaffirms Independence, Clarifies Relationship with Nigerian Structure

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Peter Obi and Kwankwaso
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…Highlights civic engagement, women’s empowerment, financial transparency and democratic development

OK Movement USA has reaffirmed its organisational independence and clarified its relationship with the broader OK Movement in Nigeria, stressing that cooperation between the two organisations does not automatically imply common financial control, candidate authorisation or a direct political-party relationship.

The organisation made this clarification in a press statement issued in Washington, D.C., on November 1, 2026, in which it outlined its identity, operational structure and commitment to democratic development, civic participation, good governance and community development.

According to the statement, OK Movement USA is a registered nonprofit organisation in the United States established to promote civic engagement, democratic values, responsible public participation and the welfare of Nigerians at home and in the diaspora.

The organisation explained that it operates with its own leadership, governance structure, operational responsibilities and institutional objectives.

It stressed that although it shares aspirations for a better Nigeria with the broader movement in the country, its organisational identity and responsibilities remain distinct.

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Recognition of OK Movement Nigeria’s Grassroots Network

OK Movement USA acknowledged the grassroots organisational efforts of OK Movement Nigeria, noting that its network of coordinators, zonal leaders, state women leaders, volunteers and community representatives extends across Nigeria’s 36 states and the Federal Capital Territory.

The statement also highlighted the movement’s presence at the local government, ward and polling-unit levels, describing the structures as a valuable platform for promoting civic education, public enlightenment and constructive democratic engagement.

The US-based organisation said cooperation between the two structures could support initiatives aimed at strengthening public participation and raising awareness of democratic responsibilities across Nigeria.

However, it maintained that such cooperation should not be interpreted as establishing common financial control or automatically authorising either organisation to act on behalf of the other.

Addresses National Political Developments

The organisation also acknowledged the growing national conversation surrounding former Anambra State Governor Peter Obi, former Kano State Governor Rabiu Musa Kwankwaso and the wider aspirations of Nigerians seeking responsible leadership and democratic progress.

It said its engagement with these national aspirations was informed by its commitment to democratic values, accountable leadership, public transparency, economic opportunity and the welfare of ordinary Nigerians.

The statement did not establish any formal endorsement of a political candidate or party.

OK Movement USA further emphasised that its activities and financial decisions are governed by internal procedures and applicable legal requirements.

It said the organisation remained committed to lawful cooperation with grassroots structures in Nigeria on initiatives promoting good governance, civic awareness and responsible democratic participation.

Identifies Civic Education, Accountability as Priorities

Outlining its areas of focus, OK Movement USA said it would continue to promote awareness of democratic rights, civic responsibilities and electoral processes.

It also identified informed public dialogue, government accountability, lawful voter sensitisation, transparency and peaceful participation as important components of its work.

According to the statement, the organisation intends to support initiatives that strengthen public confidence in democratic processes and encourage citizens to participate responsibly in national development.

It added that its activities would be implemented in accordance with applicable laws, regulatory requirements and organisational policies.

Prioritises Women’s Empowerment, Youth Development

The organisation identified women’s empowerment, youth development, healthcare awareness, education and support for vulnerable communities among its principal areas of interest.

It said its ongoing Women Affairs Podcast Series was designed to amplify women’s voices and provide a platform for discussions involving professionals, community leaders and Nigerians in the diaspora.

The programme focuses on issues including healthcare, girl-child education, women’s empowerment, civic awareness and national development.

OK Movement USA also expressed its intention to encourage support for women-focused initiatives across Nigeria, including healthcare interventions, educational opportunities, community empowerment and good governance.

The organisation said it would provide lawful educational, organisational and logistical support for approved civic initiatives while building stronger connections between Nigerians abroad and communities at home.

Pledges Financial Transparency, Legal Compliance

On funding and financial management, OK Movement USA said it recognised the importance of responsible fundraising, transparency, proper documentation and compliance with applicable laws in the jurisdictions where it operates.

It explained that funds independently raised by the organisation were intended to support duly authorised and legally permissible initiatives, including civic education, community engagement, women’s empowerment, public enlightenment and other approved development programmes.

The organisation pledged to maintain appropriate financial oversight, responsible disbursement procedures, accurate recordkeeping and accountability to supporters and relevant regulatory authorities.

It further stated that cross-border financial support and operational collaboration would be subject to applicable legal and regulatory requirements.

The statement specifically highlighted the need to distinguish lawful civic initiatives from regulated political campaign financing.

Calls for Greater Diaspora Participation in Nigeria’s Development

OK Movement USA called on Nigerians in the diaspora to play a more active role in addressing the country’s challenges and supporting sustainable development.

It noted that Nigerians living abroad possess professional expertise, knowledge, financial resources and experience that could contribute positively to national development.

The organisation said diaspora communities should go beyond observing developments in Nigeria from a distance and become responsible participants in efforts to promote meaningful progress.

It reaffirmed its commitment to strengthening civic consciousness, building bridges between Nigerians at home and abroad, encouraging responsible public participation and supporting initiatives centred on citizens’ welfare.

According to the statement, meaningful change requires informed citizenship, institutional accountability, constructive cooperation and a shared commitment to building a better society.

The statement was signed by Patrick Esoro, Coordinator of OK Movement USA, and Victor Ben Onyeka, Director of Media and Communications.

The organisation provided its website as www.okmovementusa.org and listed secretariat@okmovementusa.org as its official email address.

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Former Enugu Lawmakers Endorse Mbah for Second Term, Back APC Candidates

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By Tony Edike

The Association of Former Legislators of the Enugu State House of Assembly (AELESHA) has endorsed Governor Peter Ndubuisi Mbah for a second term in office, citing his administration’s infrastructure development, governance reforms and commitment to economic growth.

The former lawmakers also adopted all candidates of the All Progressives Congress (APC) for the 2027 general elections, urging the people of Enugu State to support the party at all levels.

The resolutions were contained in a communique issued after the association’s strategic engagement and special meeting held on Wednesday, October 21, 2026, at La Nueva Hotel, Independence Layout, Enugu.

The meeting brought together former legislators from the third, fourth and fifth sessions of the Enugu State House of Assembly for discussions on governance, development and the political future of the state.

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In the communique, AELESHA said it had closely monitored developments in Enugu State since Mbah assumed office in 2023, commending the governor for what it described as significant achievements backed by verifiable projects, policies and strategic leadership.

The association highlighted the rehabilitation of legacy assets, including the International Conference Centre, Hotel Presidential, Nigergas, United Palm Produce Limited and Enugu Vegetable Oil Products Limited.

It also cited the construction of 260 smart schools, primary healthcare centres, the Enugu International Hospital, modern bus terminals and the development of Enugu Air as evidence of the administration’s commitment to transforming the state.

Other projects identified by the former lawmakers include the establishment of a Haier manufacturing factory through a reported $20 million foreign direct investment, the construction of rural and urban roads, improvements in the state’s security architecture and the development of the New Enugu City.

On security, the association commended the establishment of a Command and Control Centre, supported by CCTV cameras, police patrol vehicles and modern security equipment, describing the measures as important steps towards strengthening security across the state.

AELESHA further noted that the administration’s development initiatives, driven by its Tomorrow Is Here mantra, had contributed to the state’s progress in human development.

Adopts Mbah as Sole Governorship Candidate

Reaffirming its support for continuity in governance, the association declared Mbah its sole governorship candidate for the 2027 election.

It also called on residents of Enugu State to vote for APC candidates across all elective positions, maintaining that a continuation of the current administration would sustain the state’s development agenda.

The former legislators disclosed that they had compiled a document titled Governor Mbah’s Impressive Scorecard, which they described as a working document detailing the administration’s achievements across various sectors over the past three years.

According to the communique, the document captures what the association described as approximately 10,000 milestones and achievements recorded by the administration.

The group also expressed its intention to seek an audience with the governor to formally present the document through a delegation of former lawmakers.

Commends Appointments, Seeks Greater Inclusion

The association commended Mbah for appointing some of its members to public offices, describing the appointments as recognition of the experience and contributions of former legislators to governance.

It specifically mentioned Rt. Hon. Paul Nnajiofor, the governor’s Special Adviser on Legislative Matters, and Rt. Hon. Dr. Chinedu Nwamba, who, according to the communique, was appointed to the board of the Nigeria Integrated Projects and Zones Authority (NIPZA).

AELESHA requested that the governor consider more former lawmakers for appointments, arguing that their inclusion would promote human empowerment, development and broader citizen participation in governance.

The association also praised Nnajiofor for his efforts to maintain cordial relations between the executive and legislative arms of government.

It described his regular strategic engagements with serving and former lawmakers as commendable and result-oriented.

Applauds Review of Tricycle Charges

The former legislators also commended the governor for the recent review of tax charges and ticketing fares for tricycle operators, as well as the extension of their permitted operating hours to 10 p.m.

The association described the measures as people-oriented policies that would ease the burden on operators and improve their working conditions.

Seeks Representation on APC Campaign Council

Looking ahead to the 2027 general elections, AELESHA requested representation on the forthcoming Enugu State APC Campaign Council.

The association said some of its members were willing to serve, citing their years of legislative experience, leadership capacity and knowledge of political mobilisation.

It also urged political leaders and candidates across the state to shun violence and embrace peaceful campaigns ahead of the 2027 elections.

The former lawmakers stressed the importance of maintaining peace, political tolerance and responsible conduct throughout the electioneering period.

The communique was issued following the association’s strategic engagement, hosted by Rt. Hon. Paul Nnajiofor, the Special Adviser to the Governor of Enugu State on Legislative Matters.

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