The trial of the former Governor of the Central Bank, Godwin Emefiele, continued on Wednesday at the Lagos High Court, Ikeja with the testimony of the business relationship manager at Zenith Bank Plc, Ifeoma Ogbonnaya.
Picking up from where she left off on Tuesday, the witness told the court that there was no relationship between Godwin Emefiele and the companies.
While being cross-examined by Emefiele’s counsel, Olalekan Ojo (SAN), the witness said neither the former governor nor his wife were signatories to the three accounts of the private companies, namely: Limelight Multidimensional Services Ltd, Comec Support services Ltd and Andswin Resources Ltd. She also reiterated that the transactions involving the companies would not be processed until it was approved by Mrs Emefiele.
The witness said: “l still maintain that Mrs Margaret Emefiele gave me instructions through phone calls, WhatsApp chat and my official email. I saved Mrs Emefiele’s number as ‘Margo’ on my phone and she has several numbers but I can only remember her foreign number which is +447941835451.”
The witness further told the court that instructions to banks are not oral but in writing and before she came to court to give evidence, she had opportunity to review the account opening of the three companies.
Ogbonnaya maintained that Emefiele’s name and his wife’s did not appear as shareholders or signatories to the corporate accounts of the companies. She stated that the shareholders of Limelight Multidimensional Ltd were Mr Stephen Ogwa, Patricia Essan, Bruce Olotu Agustina Omoile, Oriekose Agustina and Ibrahim Oluwadamilare. She said that Bruce Olotu had the highest share of 600,000 in Limelight multidimensional Ltd.
She also confirmed to the court that in the running of the business of banking, Zenith Banks followed guidelines as regards deposit and withdrawal funds.
The post Emefiele, wife not signatories to companies’ accounts, says witness appeared first on Guardian Nigeria News.
Discover more from HOT SOURCE NEWS
Subscribe to get the latest posts sent to your email.