When questioned by the prosecution lawyer Mr. Rotimi Jacobs (SAN), Mr Alade informed the court that he was the branch manager of Zenith Bank in Akure in 2014, when the amount of N1.2 billion was purpotely transferred to the bank by Ayo Fayose. Mr Alade informed the court that;

“On the 17th of June 2014, I was in my office in Zenith Bank, Akure. I received a call from my head of operations Abiodun Oshodi that a customer would be coming to make deposit into his account with the bank.

“He said in order to provide security, we should arrange for a bullion van to go to the airport to pick the cash.

“After an hour, Mr Abiodun Oshodi came and said the customer had arrived. He introduced Abiodun Agbele as the customer.

“He said we should prepare to go to the airport. I asked for time to arrange for security, but they said that won’t be necessary as they had sufficient security. They came with MOPOL and some soldiers in a Hilux,” he said.

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Alade also informed the court that  Oshodi and Agbele came to the airport, along with the bullion van and the security men.

Alade went further to say: “At the airport, we waited for a few minutes before the arrival of the aircraft. Three individuals came out of the aircraft.

“Two of them walked away. The remaining person introduced himself as O. Adewale. The cash was offloaded into the bullion van and we drove to Zenith Bank Akure,” Alade said.

Alade also told the court that the money was counted in his presence when brought in.

“The money was counted. It was N724million. We were informed that there was a balance. We went back to the airport and picked N494million the second time.

“The total cash amounted to N1.219billion. Another aircraft brought the N494million. I gathered that the cash was lodged into three bank accounts – those of De-Privateer, Spotless Investment and Ayodele Fayose.

“I also understand some cash was taken away that day by Mr Agbele.”

When queried on  the person of Adewale, he said: “Adewale O. introduced himself as Obanikoro’s ADC.”

When questioned about the identities  of those who came to the airport, he had this to say “One of them resembled Obanikoro. I never met him in person. But he resembled the person I saw on television and newspapers.”

The judge adjourned till May 10 & 14, when another witness is expected to testify for the prosecution.