P&ID scam: Why your account statement was given to EFCC, GTB staff tells Briton

Akinwande Adewale Akinseye, a Guarantee Trust Bank (GTB) staff,
on Tuesday, told James Nolan, the British national and a director
in the Process and Industrial Development (P&ID) Nigeria Ltd.,
that his bank supplied the statements of accounts of the company to
EFCC on demand.

Akinseye made the remark before Justice Okon Abang during a
cross-examination in the ongoing trial of Nolan at the Federal High
Court, Abuja.

Akinseye, who is the first prosecution witness (PW1), explained
that he did not inform the anti-graft agency about the matter, but
the EFCC, rather, contacted his bank on the matter.

He was responding to the question by Nolan’s lawyer, Paul
Erokoro, SAN.

“The EFCC contacted my bank about this matter. My bank supplied
the statements of P&ID Nigeria Ltd to EFCC.

“If my bank has found any criminal observation on the customer’s
account, the bank would have reported to the EFCC,” he said.

When asked how he got to know, he said he was notified by a
member of the Compliance Team of GTB and he also saw the account
statements at the EFCC office.

“I am not a member of Compliance Team, but an operative of EFCC,
whose name I cannot recall now, presented the account documents of
P&ID Nigeria Ltd. as provided by my bank to them.

“They presented the statements to me because I was being asked
some questions on the accounts based on the information provided,”
he said.

Akinseye, who confirmed the documents when presented with the
certified true copies, said the bank statements were presently with
the commission.

“I recognise the names and signatures of the cover letter of the
documents. The letter emanated from GTB.

“These are members of the bank Compliance Team. I know them and
I have worked with them,” he said.

Erokoro, however, applied to tender the bank statements and the
attached documents in evidence.

The EFCC lawyer, Ekele Iheanacho, did not object to the
application.

Justice Judge, then, admitted the letter dated 26 Aug. 2019
which GTB sent to EFCC on the three account numbers of P&ID
Nigeria Ltd: 0131467029, 0023975564 and 0023975557 with attached
statements of accounts till date in evidence and marked them as
exhibits.

According to the witness, the exhibits include the accounts of
P&ID Nigeria ltd., the application to open account, mandate and
resolution, key contact persons, references, mandate act,
domiciliary account opening instructions, particulars of directors,
board resolution, nominating parties to execute agreements on
behalf of the company, resident permit applications, certificate of
incorporation, memorandum of article of association and bank
account statements, among others.

Akinyese stated that from the documents he saw, the accounts
were properly opened.

“The resident permit applications are two documents with
receipts and temporary cards for me James Richard Nolan and
Hitchcock Neil.

“The date of payment for resident permits of Nolan on the
receipt is Sept. 27, 2015 while the the date for payment of
Hitchcock is dated Feb. 10, 2006 to the Ministry of Internal
Affairs,” he told the court.

The witness said although no document stated the exact day the
account was created, “the date on the resolution to open the
account and the date of first transactions are August 2006.”

Justice Abang later adjourned the trial until Dec. 11 to enable
the court attend to other matters on the cause list.