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Alleged N18bn fraud: I was given N25m to give ex-MD of NSITF – Witness alleges

NSITFA prosecution witness Alhaji Aliyu Zubairu, told an FCT High Court that he was given N25 million to give to the former Managing Director of the  Nigeria Social Insurance Trust Fund (NSITF),  Umar Abubakar.
NAN reports that the Economic and Financial Crimes Commission, Nov. 23, 2017 arraigned Abubakar, Henry Sambo, Adebayo Aderibigbe, Chief Richard Uche and Aderemi Adegboyega on a 18-count charge bordering on conspiracy, abuse of office and illegal diversion of public funds.
Zubairu, a former Deputy General Manager and Head of cooperate Affairs of the NSITF, alleged that the money was given to him by a Media Consultant.
“I gave the N25 million to   Mohammed Inuwa,  the then technical assistance to Abubakar on his instruction, since he  was not in the country.
“I did not know what the money was for. All I did I did was to receive  the money and gave it to my boss’ aide,” he alleged,
The prosecution counsel, Steve Odiase, told the court that,  between 2012 and 2015, the defendants received kick-backs in dollars in the discharge of their duties.
Odiase also alleged that the defendants  diverted the contributions from the Federal Government of Nigeria as take-off grants and Employees Compensation Scheme (ECS) for Ministries Departments and Agencies (MDAs).
After hearing the testimony, Justice Silvanus Orji, adjourned the case to May 10, June 11, June 12 and for cross-examination of  the witness
NAN reports that the defendants pleaded not guilty to the charge preferred against them and were admitted to bail in the sum of N50 million each with two sureties each  in like sum,
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