How Dasuki Diverted N33.2bn For Private Use
The trial of a former National Security Adviser (NSA), Colonel Sambo Dasuki (retd), over the alleged diversion of N33.2 billion meant for arms procurement, continued on Tuesday, January 13, 2026, before Justice C.O. Agbaza of the Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja.
At the resumed hearing, the first prosecution witness (PW1), Dr. Michael Adariku, an investigator with the Economic and Financial Crimes Commission (EFCC), narrated in detail how hundreds of millions of naira were allegedly transferred from the Office of the National Security Adviser (ONSA) to private individuals and companies for non-security-related purposes.
Led in evidence by the prosecuting counsel, Rotimi Jacobs, SAN, Adariku told the court that on April 17, 2015, the sum of N600 million was transferred from the ONSA account domiciled with Zenith Bank to the UBA account of Acacia Holdings Limited, which had a balance of only N27,094.49 prior to the transfer.
He further testified that on April 23, 2015, N60 million was transferred to Hidayatul Atfaaf Islamic Academy. According to him, the proprietor of the academy, Mohammed Bashir, confirmed during EFCC interrogation that the money was part payment for the purchase of 3.62 hectares of land in Kyami District, opposite Centenary City along Airport Road, Abuja. The land, valued at N120 million, was allegedly acquired by the second defendant, Aminu Baba Kusa, a former General Manager of the Nigerian National Petroleum Corporation (NNPC).
On the same day, the witness said N25 million was transferred in three tranches to Zavati Bureau De Change Limited, owned by Abdulrahman Aliu. EFCC investigations revealed that the funds were part payment for a property valued at N40 million, with the balance allegedly paid through Ibrahim Saleh Uba, described as an agent and business facilitator to the second defendant.
Adariku further told the court that on April 24, 2015, transfers totalling N124 million were made from the ONSA account without any clear narration or stated purpose.
According to the EFCC investigator, additional transfers on April 27, 2015, included N600,157 for land-related charges in the FCT; N8.1 million paid to Ibrahim Saleh Uba for survey and beacon processing for several parcels of land in Kwali, Wasa District, Kyami District and the Central Area of Abuja; as well as N50 million paid in five tranches to Squad Developers Nigeria Limited.
He said the owner of Squad Developers, Sunday Gugu, confirmed that the N50 million was part payment for 118.2132 hectares of land at Stadium Layout, Kwali, Abuja, purchased by the second defendant for N75 million, with the outstanding N25 million allegedly paid through Ibrahim Saleh Uba.
The court also heard that on April 28, 2015, a total of N55.9 million was transferred in six tranches to Fastman Investment Limited on the instruction of the second defendant. The Chief Executive Officer of Fastman Holding Group, Farouk Suleiman, reportedly confirmed the transaction and disclosed that he was contacted to facilitate the transfer of $1 million to a client in Saudi Arabia, although only $630,000 was eventually remitted.
Adariku added that additional naira payments were made through Reliance Referral Hospital Limited to Fastman Investment Limited to cover the naira equivalent of the $630,000 transferred abroad.
He further testified that on April 30, 2015, sums of N4.86 million and N29.1 million were transferred to one O.A. Akinrimade, while N70 million was paid in two tranches to Medical Practice Limited, a company allegedly owned by the wife of the second defendant.
According to the witness, another N80 million was transferred to Medical Practice Limited on May 4, 2015, bringing the total amount received by the company between April 1 and May 6, 2015, to N150 million.
Adariku also revealed that on May 15, 2015, N23.69 million was transferred in three tranches to Namuduka Ventures Limited. EFCC investigations showed that the funds were converted to $200,000 and transferred to the second defendant’s Blue Lake Management Consultancy account in the United Kingdom.
He added that further transfers from Medical Practice Limited, Acacia Holdings Limited and Reliance Referral Hospital Limited to Namuduka Ventures Limited, amounting to over N56.3 million, were converted to €233,944 and transferred to another UK-based account linked to the second defendant.
The witness also told the court that on May 13, 2015, N23.77 million was converted to €65,075 and transferred to a UK clearing account, while N2.22 million was converted to €1,500 and transferred to another foreign account allegedly connected to the defendants.
Following the testimony, Justice Agbaza adjourned the case to January 14, 2026, for the continuation of trial.
Dasuki is standing trial alongside Aminu Baba Kusa, Acacia Holdings Limited and Reliance Referral Hospital Limited on a 32-count charge bordering on breach of trust and dishonest misappropriation involving the alleged diversion of N33.2 billion in public funds.
