Nigeria: Alleged Fraud - Adoke's $2.3 Million Was for Loan Repayment, Bank Chief Says

The Unity Bank Plc on Thursday said the $2, 267,400 it received from a former Attorney General of the Federation (AGF) and Minister of Justice, Bello Adoke, was not proceeds of crime but for the repayment of a N300 million loan he obtained from the bank.

A former acting Managing Director(MD) of the bank, Rislanudeen Mohammed, stated this at the Federal High Court in Abuja during the ongoing trial of Mr Adoke and a businessman, Aliyu Abubakar, on corruption charges.

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