A prosecution witness from the Access Bank Plc, Olubunmi Ojoko, is revealing that former Head of Service, Stephen Oronsaye siphoned about 190 million naira when he was appointed Chairman of the Presidential Committee on Financial Action Task Force by the Federal Government. Testifier Ojoko who testified as the second prosecution witness in Oronsaye’s ongoing trial before Justice Olasunbo Goodluck of an Abuja High Court is alleging that the accused perfected the crime by maintaining a secret account.
The Economic and Financial Crimes Commission had on March 15, 2016 arraigned Oronsaye on two counts of breach of trust. Oronsaye allegedly committed the offence between 2013 and 2014 by defrauding the Federal Government of 190 million naira using his position as the then Chairman of the Presidential Committee on Financial Action Task Force. The defendant, while serving as the Head of Service of the Federation, was appointed as chairman of the committee with a mandate to ensure the passage of the anti-money laundering bill and countering financial terrorism, among other terms of reference.
Led in evidence by the prosecuting counsel, the witness narrated how Oronsaye opened the Access Bank account on behalf of the committee in 2012, without obtaining an approval from the Accountant-General of the Federation. According to the witness, the account was unknown to other members of the committee. Justice Goodluck is adjourning till April 14 for defence to cross-examine the prosecution witness.