Former Chief of Army Staff, Lt.-Gen. Kenneth Minimah (retd.) is in big trouble as the Economic and Financial Crimes Commission (EFCC) has accused him and a company, Stoke Synergy Nigeria Limited, of diverting about N13.6bn belonging to the Nigeria Army.
The EFCC has approached Justice Gabriel Kolawole of a Federal High Court in Abuja with an application to frozen the ex-army boss accounts. The grounds of the application as reproduced in the court’s ruling stated; “The case being investigated by the Economic and Financial Crimes Commission relates to one of money laundering in the sum of N13,650,795,245.00 (thirteen billion, six hundred and fifty million, seven hundred and ninety-five thousand, two hundred and fifty-five naira) from funds of the Nigerian Army to companies: Gogori Bureau De Change, My Honey Oil Interbiz Limited, Gogori University Link Limited and M&M Babies Nigeria Limited.”
“On the instruction of one Col. Odi, N94,476,500.00 was transferred into Nigerian Army Welfare Ltd./Ojo Land First Bank account number 2027107951, belonging to the Nigerian Army, using the name of Lt.-Gen. K. T. J. Minimah and one Peach Energy Multiservice Limited, out of which the amount, N52,855,000.00, was transferred to Gen K. T. J. Minimah’s USA account number 1003674184.”
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