Alleged N4bn fraud: BDC operator testifies on N416 million paid to Obiano-linked company, see details

  • Ayuba Tanko, a Bureau De Change operator, has testified that he received N416 million in 2017 from Anambra government under the then leadership of Governor Willie Obiano
  • Tanko explained to the court that he conducted his business through two companies, Sauki Bureau De Change and Zigaziga Trading and Company Ltd, and did not engage in any other transactions with Obiano’s government
  • Obiano, apprehended by the EFCC in 2023, is accused of money laundering and allegedly diverting over N4 billion in public funds during his tenure as Anambra governor

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

A Bureau De Change (BDC) operator, Ayuba Tanko, has revealed to the court that between April and December 2017, N416 million was paid into a company account he used by proxy when former Governor Willie Obiano was in charge of Anambra state.