Pension Scam: I made N82 million from selling pure water, says accused

One of the accused persons standing trial in the N14.5 billion Police Pension scam, Mrs. Veronica Ulonma Onyegbula, has told investigators the $544,632 (about N82 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 as a result of that made her a member of the board of directors to enable her handle the finances of the company.

Part of the items recovered by operatives of the anti graft agency during a search at the woman’s home was bank statements belonging to Ulover International Resources Limited which she stated is engaged in the production of pure water.

In her statement issued to the Economic and Financial Crimes Commission as contained in the proof of evidence filed by the agency before the court where they are standing trial and dated 15th February, 2012, the accused stated that in the course of her job at the Police Pension Office, that she cashed a total of N14 billion on the instruction of the Permanent Secretary, Alhaji Atiku Abubakar Kigo and the Director, Mr. Esai Dangabar via cheques signed by both men.

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