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EFCC accuses ex-CDS of N3.9b fraud

ex Chief of Defence Staff, Air Chief Marshal Alex Badeh
ex Chief of Defence Staff, Air Chief Marshal Alex Badeh
The anti-graft agency also brought a 10 count charge against the former CDS, before Justice Okon Abang of the Federal High Court, Abuja.
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The anti-graft agency also brought a 10 count charge against the former CDS, before Justice Okon Abang of the Federal High Court, Abuja.

Punch also reports that the former CDS might be arraigned in court today, Thursday, March 3, 2016, alongside a company- Iyalikam Nigeria Limited.

You will also recall that the former service chief had approached a court to apply for his bail.

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Reports also say the bail application will be heard on Friday, March 4, 2016, by Justice James Tsoho, also of the Federal High Court, Abuja.

An excerpt of Badeh’s charge sheet obtained from Punch reads: “That you, Air Chief Marshal Alex S. Badeh (whilst being the Chief of Air Staff, Nigerian Air Force) and Iyalikam Nigeria Limited between January and December 2013 in Abuja, within the jurisdiction of this honourable court, did use dollar equivalent of the sum of N1,100,000,000 (one billion, one hundred million naira only) removed from the accounts of the Nigerian Air Force to purchase for yourselves a mansion situate at No. 6 Ogun River Street, off Danube Street, Maitama, Abuja, when your reasonably ought to have known that the said funds formed part of the proceeds of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S. Badeh and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

The family of the ex Chief of Defence Staff also expressed concern that the health of their bread winner might get worse in EFCC detention.

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