A Federal Court sitting in Abuja has remanded former Chief of Defense Staff Alex Badeh to Kuje Prison today
Badeh was charged with on 10 counts of Money laundering , Badeh and a firm, Iyalikam Nigeria Limited, were accused of fraudulently removing N3.97bn from the account of the Nigerian Air Force in 2013, when he was a Chief of Defence Staff.
Alex Badeh was alleged to have bought landed assets in many choice areas of Abuja with the money,the assets allegedly include a mansion at No. 6, Ogun River Street, Off Danube Street, Maitama, Abuja, which the defendants were said to have purchased with N1.1bn..and a commercial plot of land at Plot 1386, Oda Crescent Cadastral Zone A07, Wuse II, Abuja, for N650m.
They were said to have paid N878m for the construction of a shopping mall at Plot 1386, Oda Crescent Cadastral Zone A07, Wuse II, Abuja, and another sum of N304m to complete the construction.
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