Nigeria, Jan. 13 -- A prosecution witness in a N33.2 billion arms funds diversion trial at the FCT High Court in Abuja on Tuesday detailed how some of the beneficiaries of the funds used the proceeds to buy properties and foreign currencies, particularly dollars and euro, for their personal use.

In his testimony, Michael Adarikun, the first prosecution witness and detective of the Economic and Financial Crimes Commission (EFCC), traced the money trail from the Office of National Security Adviser (ONSA), then led by Sambo Dasuki, to two firms - Acacia Holdings and Reliance Referral Hospital Limited - which allegedly further disbursed the funds as instructed by their owners.

The EFCC is prosecuting former National Security Adviser (NSA), ...