• Latest
  • Trending
  • All
7 Chinese Jailed For Cyberterrorism, Fraud In Lagos

Witness Unaware Of ₦860m Deposit By Anambra Govt

February 27, 2025
Odu’a Investment Unveils 30 By 2030 Growth Agenda

Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda

February 12, 2026
Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

February 12, 2026
Why I Regret Strained Relationship with My Late Dad - Actor

Why I Regret Strained Relationship With My Late Dad – Actor

February 12, 2026
Why Youths Must Embrace Agriculture More

Why Youths Must Embrace Agriculture More – ArcView MD

February 12, 2026
FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

February 12, 2026
UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

February 11, 2026
ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

February 11, 2026
How to Foster Speedy Regional Dev't in Nigeria – Osinbajo

How to Foster Speedy Regional Dev’t in Nigeria – Osinbajo

February 11, 2026
Global Clusters Targets 37m youths digital literacy with SparkHubs

Global Clusters Targets Digital Literacy for 37m Youths with SparkHubs launch

February 11, 2026
Lagos Police Nab 2 Suspected Armed Robbers, Recover Firearms in Ajegunle, Ojo

Lagos Police Nab 2 Suspected Armed Robbers, Recover Firearms in Ajegunle, Ojo

February 5, 2026
Wema Bank Marks International Day of Education with Visit to Lagos School, Others

Wema Bank Marks International Day of Education with Visit to Lagos School, Others

February 4, 2026
Fidelity Bank Upgrades School Facility in Anambra

Fidelity Bank Upgrades School Facility in Anambra

February 4, 2026
Prof Osinbajo, Wemabod Chairman Call for Regional PPP Framework to Unlock Inclusive Housing

Prof Osinbajo, Wemabod Chairman Call for Regional PPP Framework to Unlock Inclusive Housing

February 3, 2026
Emirates, Marriott to Open World’s First Ritz-Carlton Lodge in Australia’s Wolgan Valley

Emirates, Marriott to Open World’s First Ritz-Carlton Lodge in Australia’s Wolgan Valley

February 3, 2026
First HoldCo Targets Expansion, Digital Growth as Earnings Hit N3.4tn Despite Record Impairments

First HoldCo Targets Expansion, Digital Growth as Earnings Hit N3.4tn Despite Record Impairments

February 3, 2026
Former VP Osinbajo to Deliver Keynote at WEMABOD Real Estate Outlook Conference in Lagos

Former VP Osinbajo to Deliver Keynote at WEMABOD Real Estate Outlook Conference in Lagos

February 2, 2026
Thursday, February 12, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Crime/General

Witness Unaware Of ₦860m Deposit By Anambra Govt

by Reporter theconscienceng
February 27, 2025
in Crime/General, News, Trending
0
7 Chinese Jailed For Cyberterrorism, Fraud In Lagos

Court

Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
Court Denies El-Rufai’s Ex-Chief Of Staff Bail
Court

Witness Unaware Of ₦860m Deposit By Anambra Govt

The 10th Prosecuting Witness (PW10) in the ongoing trial of former Anambra State Governor, Willie Obiano, Udochukwu Okparache, testified before Justice Inyang Ekwo of the Federal High Court in Abuja that he was unaware of a total sum of ₦860 million deposited into his company’s account by the Anambra State Government.

Okparache, a general contractor and owner of Youdooh Ventures Limited, made this disclosure while being led in evidence by the prosecution counsel, Sylvanus Tahir (SAN).

The contractor explained that when he inquired about unusual transactions in his account at the bank, his account officer informed him that the deposits were made to boost his account status in preparation for his overseas travel.

He said, “In April 2023, I was contacted by the EFCC to clarify transactions related to Youdooh Ventures’ bank account, which I opened in Awka. When I got there, they showed me transactions involving the Anambra State Government, but I couldn’t understand the purpose of the deposits.”

READ MORE:  Retired General, Others Kidnapped In Katsina

Okparache continued, “I immediately contacted my account officer, who explained that the deposits were made to boost my account. The inflows were made through Manager’s cheques, and the outflows were carried out by individuals.”

He further stated that while the transactions involving Manager’s cheques amounted to about ₦60 million, the total sum that passed through his account was ₦860 million. Okparache mentioned that companies such as Cherish Ventures Limited, Chief Mrs. Eberechi Willie Obiano, and Easy Demands Limited benefitted from these transactions. He emphasized that he never bid for any contract with the Anambra State government.

READ MORE:  N722.3M Forensic Audits of NDDC: Activists React

While reviewing Exhibit PW3 A1-A5, which contained his account statements, the witness confirmed that the funds were transferred in multiple tranches. He noted that ₦18 million was paid on April 5, 2018, followed by another ₦9 million on the same day. A further payment was made on April 11, 2018, and ₦7 million was transferred to the wife of the defendant, the former governor.

During cross-examination by defence counsel, Onyechi Ikpeazu (SAN), Okparache explained that he did not report the transactions to the bank because he wanted his account to be “boosted.” He also denied knowing the defendant personally, stating he was unaware if Obiano had authorized the transactions.

READ MORE:  Wema Bank Seals ₦150 Billion Rights Issue with CBN & SEC Approval, Beats Regulatory Requirement

After hearing his testimony, Justice Inyang Ekwo adjourned the matter until May 26, 27, and 28, 2025, for the continuation of the trial.

Obiano is facing trial on nine counts, including money laundering, diversion of funds, stealing, and corruption, involving a total of ₦4 billion.

 

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Anambra Govt
ShareTweet
Previous Post

NSCDC Intercepts 1,571 Litres Of Smuggled Petrol In Zamfara

Next Post

5 Filling Stations Sealed For Under-Dispensing Fuel

Reporter theconscienceng

Reporter theconscienceng

Related Posts

Odu’a Investment Unveils 30 By 2030 Growth Agenda
Business

Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda

by TheConscience NG
February 12, 2026
Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film
Entertainment

Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

by TheConscience NG
February 12, 2026
Why I Regret Strained Relationship with My Late Dad - Actor
Entertainment

Why I Regret Strained Relationship With My Late Dad – Actor

by TheConscience NG
February 12, 2026
Why Youths Must Embrace Agriculture More
News

Why Youths Must Embrace Agriculture More – ArcView MD

by TheConscience NG
February 12, 2026
FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre
News

FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

by TheConscience NG
February 12, 2026
UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals
Business

UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

by TheConscience NG
February 11, 2026
Next Post
5 Filling Stations Sealed For Under-Dispensing Fuel

5 Filling Stations Sealed For Under-Dispensing Fuel

No Result
View All Result

Recent Posts

  • Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda
  • Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film
  • Why I Regret Strained Relationship With My Late Dad – Actor
  • Why Youths Must Embrace Agriculture More – ArcView MD
  • FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d