By Adebayo Williams
An Abuja High Court has heard how former Director of Police Pensions, Esai Dangabar, stole N24 billion in his time in office. A witness of the Economic and Financial Crimes Commission, Mustapha Gadanya, told the court that Dangabar had deposited money in accounts in different banks. He also revealed that the former pensions boss had hidden the money in fixed deposit accounts to yield huge turnover. He said analysis showed that about N320 million was put in Skye Bank between May 2008 and July 2009 for companies belonging to him. The companies, Marine Logistics and Leisure Integrated Limited’s accounts were credited with the money.
He revealed that Dangabar had made N249.8 million and N241 million respectively. He said the monies had been sent to the Federal Government after they were recovered. He accused the Manager of the Jabi branch of the bank of assisting Dangabar in laundering about N840 million.
Gadanya also said Dangabar had listed his son as director of Damule Nigeria Limited while he was the sole signatory to the account of the company. He said the ex-pension boss had 16 duplexes at Wuyi District as well as six flats at Efab in Abuja. He told the court that the properties had been temporarily seized by the government.
Dangabar, Atiku Kigo, Ahmed Wada, Veronica Onyegbula, Sani Zira, Uzoma Attang and Christian Madubuke, are standing trial for complicity in the over N24 billion scam in the police pension office. Their trial has been adjourned to Thursday, 13 October for further hearing.