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HomeNewsN33.8bn Power Fraud: BDC Operator Reveals Shocking Details of N22bn Transactions

N33.8bn Power Fraud: BDC Operator Reveals Shocking Details of N22bn Transactions

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The trial of former Minister of Power, Saleh Mamman, resumed at the Federal High Court in Abuja on Wednesday, January 22, 2025, with explosive testimony from Abdullahi Suleman, a Bureau de Change operator. Suleman, testifying as the EFCC’s eighth witness, detailed how over N22 billion allegedly siphoned from the Federal Ministry of Power was funneled through his business accounts.

Led by EFCC counsel Rotimi Oyedepo, SAN, Suleman disclosed that he facilitated the conversion of naira into U.S. dollars through multiple accounts linked to his companies, including Prymint Investment Limited and Strong Field International Projects Limited. He admitted receiving the funds despite providing no services, contracts, or projects to the Ministry.

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“I worked with Alhaji Maina Goje from 2019 to 2024,” Suleman revealed. “Goje used my accounts for transactions, and I would provide him with dollars. The total amount I received exceeds N22 billion.” Suleman further identified Goje’s intermediary, nicknamed “Yaro Minister,” as a close associate of Mamman.

Bank records presented as evidence detailed substantial inflows, including N285.9 million on May 24,

Source: EFCC

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