When asked if Mr Bello signed the documents for the transaction in his presence, the witness said, “He did not, my lord.”
The state anti-graft commission, established in 2005, has received over 6,350 complaints and recovered over N235 million.
The EFCC chair made the appeal during the handover of recovered proceeds of crime to the embassies of Spain, Switzerland, and the U.S. on behalf of the victims.
“Local government chairmen do not have immunity, and we are not going to wait until you finish your tenure to come after you,” said the EFCC boss.
The resolution was taken at the 2024 budget performance review/defence of 2025 estimates of all agencies in the councils.
Justice Kezziah Ogbonnaya adjourned the matter until March 17 for hearing.
Insider loans are loans a bank or financial institution grants to its executives, directors, employees, major shareholders, or other related parties.
The judge gave Ms Alison-Madueke five days to file and serve the amended processes and granted EFCC 14 days from the service date to respond.
The Nigerian monarch, who also holds American citizenship, is battling a 13-count fraud indictment at the U.S. District Court for the Northern District of Ohio.
The board insisted that all expenditures followed due process and were subjected to strict government oversight.
