How Anambra govt used my account to launder N860m – Contractor

By Ayorinde Oluokun/Abuja

A contractor, Udochukwu Okparache and owner of Youdooh Ventures Limited has narrated how the Anambra State under the leadership of Willie Obiano lodged the sum of N860 million into his account without being involved in any business dealing with the state.

Okparache revealed this while speaking at the 10th prosecution witness in the ongoing trial of Obiano for N4 billion fraud by the Economic and Financial Crimes Commission, EFCC on Wednesday, February 26, 2025.

While being led in evidence by prosecution counsel, Sylvanus Tahir, SAN, Okparache told Justice Inyang Ekwo of the Federal High Court sitting in Abuja, that he was not aware of a total sum of N860m lodged in his company`s account by the Anambra State government.

He added that he inquired from his account officer to confirm to him what was going on with his account domiciled with the bank following the discovery.

He said the account officer told him that the transactions carried out with his account was to boost his account status to enable him meet the requirements of traveling abroad.

The witness confirmed that monies were transferred into his account in tranches. He explained that N18 million was paid on 5 April, 2018 and N9 million on the same date.

According to him, further payment was made into his account on April 11, 2018, while N7 million was transferred to Chief Mrs. Willie Obiano, wife of the defendant.

Okparache said, “Sometimes in April 2023, I was called by the EFCC to come and give clarification in respect of Youdooh Ventures bank account, which I opened in Awka and when I got there, they showed me the transactions I had done with the Anambra State government, but couldn’t understand the transaction that was there. Immediately, I called my account officer, who told me that he was boosting my account. The inflows were made through Manager’s cheques and the outflows were done by individuals.

“The transactions that were done in that account were through Manager’s cheques, which was about N60 million but N860 million was the total amount that passed through my account, which Cherish Ventures Limited, Chief Mrs Eberechi Willie Obiano, Easy Demands Limited and so many others companies benefited from the transactions. I did not bid for any contract with the Anambra State government,” he said.

During cross examination by defense counsel, Onyechi Ikpeazu, SAN, the witness stated that the reason he did not report to the bank when he noticed the transactions was that he wanted his account to be boosted. He also denied knowing the defendant stressing that he didn’t know if it was the defendant that authorized all the transactions.

Justice Ekwo, after listening to his testimony, adjourned the matter till 26, 27 and 28, May 2025, for continuation of trial.

Obiano is facing trial on nine-count charges bordering on money laundering, diversion of funds, stealing and corruption to the tune of N4billion