On October 17, 2025, Trinity Usman, an EFCC witness and Bureau De Change operator, testified before Justice Emeka Nwite at the Federal High Court in Abuja, confirming he transferred $3 million to Oceangate Engineering Oil & Gas Ltd, owned by Aisha Achimugu.
The testimony was part of the trial of SunTrust Bank’s Managing Director Halima Buba and Executive Director Innocent Mbagwu, charged with money laundering involving $12 million for facilitating high-value cash transactions without proper financial routing, violating the Money Laundering Act of 2022.
Usman, operating under Triple A and Tee Oil and Gas Ltd, said Suleiman Ciroma approached him in April 2025 to transfer the funds, which he executed in four tranches using his oil company account due to a suspended BDC license. He clarified he had no direct contact with the defendants and made the transfer decision independently.
Ciroma, another witness, confirmed Achimugu needed the funds for oil block purchases, requiring inflows rather than cash deposits.
Both witnesses admitted to not informing Buba or Mbagwu about their BDC license issues. The trial was adjourned to December 10 and 11, 2025, for continuation.
