Onnoghen used FG bonds, shares as collateral for $500,000 loan —Witness

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Onnoghen used FG bonds, shares as collateral for $500,000 loan —Witness
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Suspended Chief Justice of Nigeria, Justice Walter Onnoghen, and Chairman, Code of Conduct Tribunal, Danladi UmarAn official of Standard Chartered Bank, Ifeoma Okeagbue, confirmed to the Code of Condu

ct Tribunal on Thursday that the suspended Chief Justice of Nigeria, Justice Walter Onnoghen, was granted a loan of $500,000 by the bank as of January this year.

Okeagbue, who was testifying as the third prosecution witness in the ongoing trial of Onnoghen on charges of false and non-declaration of assets, also confirmed that the loan was guaranteed by the suspended CJN’s investments in Federal Government’s bonds and shares, among others.The witness, who had earlier said in her evidence-in-chief that Onnoghen had five accounts, confirmed ‎that the ones in euro, dollar, and pound sterling were domiciliary accounts and not ‘foreign accounts.

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