The trial of Halima Buba, managing director of SunTrust Bank, and the bank’s executive director, Innocent Mbagwu, accused of $12 million money laundering, commenced on Thursday, July 17, 2025, at the Federal High Court in Abuja. An Economic and Financial Crimes Commission’s witness during the proceeding narrated how Buba and Mbagwu facilitated a $12 million swap in 10 days for businesswoman, Aisha Achimugu, without routing the funds through a financial institution. The EFCC had, on June 13, 2025, arraigned Halima Buba and Innocent Mbagwu before Justice Emeka Nwite on a…
Read More‘In Just 10 Days,’ SunTrust Bank MD Swapped $12m For Achimugu – Witness
