An operations manager of a new generation bank in Yenagoa, Bayelsa state, Folorunso Ademola Rasaq, has confessed before a Federal High Court sitting in Lagos, that the Branch Manager of the Bank, Iwejuo Joseph Nna, was the account officer to Ebiwise Resources Limited, Avalon Global Property Development Company Limited, Rotato Inter-link Services Limited and Pluto Property & Investment Company Limited.
The four companies are being prosecuted by the EFCC on a 23-counts charge of concealment and retention of proceeds of crime to the tune of over N1,667,162,800.00 (One billion, six hundred and sixty seven million, one hundred and sixty two thousand, eight hundred Naira).
The accused persons are: Waripamo-Owei Emmanuel Dudafa, Iwejuo Joseph Nna a.k.a. Taiwo A. Ebenezer and Olugbenga Isaiah. Justice Idris adjourned the case till September 26, 2016 for continuation of trial.