UBA Compliance Officer Testifies on Alleged ₦1.64bn Bauchi State Funds Diversion
A UBA compliance officer testified at the Federal High Court in Abuja that funds were transferred from Bauchi State sub-treasury accounts to JASFAD Resources Enterprises. The Economic and Financial Crimes Commission is prosecuting Bauchi State Accountant-General Sirajo Muhammed Jaja and four others on amended charges of money laundering, diversion of public funds and criminal misappropriation involving ₦1.635 billion. The witness listed several transfers allegedly made between October 2024 and March 2025, including two transfers of ₦335.04 million and ₦300 million on 27 December 2024. The court adjourned the case until 22 October 2026 for cross-examination and continuation of trial.
Use The App To Win ₦1m
Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.