The Federal High Court in Abuja was on Wednesday told that the two companies’ accounts of Jide Omokore, had been closed down sequel to “a worldwide freezing order”.
It was stated that $1.6 billion proceeds of sales from government crude oil, allegedly diverted by the businessman, were logged in the accounts.
Mr. Adedayo Adesanmi, a Senior Manager with Stanbic IBTC Plc, where the money was deposited, stated this when he testified as the fourth prosecution witness in the ongoing trial of Omokore and others before Justice Nnamdi Dimgba.