“All the deposits were in cash, a development which showed that it was a pure case of money laundering.
“On the 21st of February, the account was reported to have recorded a cash deposit of $46,500,000 by the General Manager of Pluto Property and Investment Company Limited , Toru Wonyeng Ibuomo.
“Three days after(24th of February, 2014), another cash deposit of $31,000,000 was made by the same General Manager.
“Friday Davies made a cash deposit of $49,250,000 into the same account. The last tranche of $49,000,000 was deposited by Davies on Apri 1, 2015.”
“We need the two depositors to assist in the ongoing investigation of the payments into the affected account
“It is more curious when the bank details did not show evidence of withdrawals. Yet the whereabouts of the cash was unknown. We hope it is not a private banking arrangement to hide slush funds.”
“In a matter before the Federal High Court, the ex-First Lady admitted that one of her domiciliary accounts was bearing Pluto Property and Investment Company Limited.
“We are investigating this $175.750million deposits and the extent of the involvement or relationship of the ex-First Lady with the funds. This is a fresh case; it has nothing to do with the $15.5million frozen by the EFCC.”