FORMER President Olusegun Obasanjo’s name has been mentioned in the ongoing corruption trial of a son-in-law to former Vice-President Alhaji Atiku Abubakar, Abdullahi Babalele, by Economic and Financial Crimes Commission (EFCC).
An EFCC’s witness in the trial, Bashir Mohammed, alleged that Babalele gave the naira equivalent of $140,000 to the former president.
Mohammed made the revelation while testifying before a Federal High Court, presided over by Justice Chukwujekwu Aneke in Lagos before whom Babalele was standing trial on a two-count charge of money laundering following his arraignment by the anti-graft agency in August.
According to Mohammed, he personally delivered money in cash to Obasanjo on behalf of his “close friend” Babalele, during the build-ups to the recent general elections, without going through any financial institution.
While urging the court to move after Obasanjo, Counsel to EFCC, Rotimi Oyedepo informed the court that the amount exceeded the threshold stipulated by Money Laundering Act.
“The alleged February 20, 2019 transaction contravened Sections 18 (c) and (2)(b)of the Money Laundering (Prohibition) Act, 2011,” he stated.