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N4.7bn fraud: How Ladoja sent £600,000 to daughter in London –Witness

The trial of a former Governor of Oyo State, Chief Rashidi Ladoja, for an alleged N4.7bn fraud continued on Friday with the prosecution witness narrating to the court how the ex-governor sent £600,000 to his daughter, Bimpe, in London sometime in 2007.

The prosecution witness, Mr. Adewale Atanda, who was then Senior Special Executive Assistant to Ladoja, told the court that the money was part of a sum of N634m, which some stockbrokers contributed to Ladoja’s impeachment expenses.

According to him, the ex-governor had earlier instructed the sale of some shares belonging to Oyo State Government to the said stockbrokers who later contributed N634m to his impeachment expenses.

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