How Dasuki, associates diverted millions from ONSA Account — EFCC witness
An investigator with the Economic and Financial Crimes Commission (EFCC) on Tuesday, November 11, 2025, told the Federal Capital Territory High Court, Maitama, Abuja, how millions of naira were allegedly diverted from the operations account of the Office of the National Security Adviser (ONSA) to private companies linked to former National Security Adviser, Col. Sambo Dasuki (rtd.), and his associates.
Dasuki is standing trial alongside a former General Manager of the Nigerian National Petroleum Corporation (NNPC), Aminu Baba-Kusa, and two companies—Acacia Holdings Limited and Reliance Referral Hospital Limited—on an amended 32-count charge bordering on criminal breach of trust and money laundering involving N33.2 billion.
Testifying before Justice C.O. Agbaza as the first prosecution witness (PW1), the EFCC investigator said the agency wrote to the Corporate Affairs Commission (CAC) to confirm the registration details of several firms linked to the defendants, including Acacia Holdings, Aravcaria Farms, Reliance Referral Hospital, and Pinmax Security and Gas.
He said the CAC’s response showed that Acacia Holdings is owned by the second defendant, Baba-Kusa, while Aravcaria Farms and Pinmax Security and Gas are sister companies. It also revealed that Baba-Kusa’s wife is a major shareholder in Acacia Holdings, owning 1.8 million shares. The documents were tendered in court as exhibits.
The witness further testified that the EFCC obtained account statements and payment mandates for the ONSA operations account domiciled at Zenith Bank. He said payment instructions signed by Dasuki authorised the transfer of N650.75 million from the account to Acacia Holdings Limited’s accounts with UBA and Ecobank, and to Reliance Referral Hospital’s First Bank account.
He added that analysis of Acacia Holdings’ UBA account revealed an additional transfer of N200 million from the ONSA account on October 9, 2014. The account statement also showed payments to various individuals and firms, including a N3 million cheque withdrawal by one Atahiru Maccido, the company’s financial controller.
Further investigation revealed that on October 15, 2014, N1 million was transferred to Aravcaria Farms Limited, while another N2 million, paid in two separate transactions, was recorded as director’s loan payments.
Justice Agbaza adjourned the case to January 13, 14, and 15, 2026, for continuation of trial.
