The ongoing trial of the 6 persons who were said to have helped themselves with about N32.8 billion Pension Fund is gradually turning dramatic in the court in Abuja.
I hear one of the accused persons, Mrs. Veronica
Ulonma Onyegbula, has told investigators the $544,632 (about N85 million) found in one of her companies, Ulover International Resources
Limited, was realized from selling pure water which the company produces.
Mrs. Onyegbula stated that the company which was situated in Umuahia, the Abia state capital belonged to her mother whom she said suffered stroke seven years ago and later made her a member of the board of directors to enable her handle the finances of the company.
We'll bring you more on this report soon. We have the breakdown of how the money was stolen from a first bank account.
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