Wednesday, June 29, 2016

Ex Nigerian Chief of Air Staff Returns N2,6 bn To Federal Government

                                Ex-NAF chief returns N2.6b to FG

The Federal High Court in Lagos heard on Wednesday that a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd), charged with laundering N21 billion, has returned N2.6 billion to the Federal Government.

His lawyer, Chief Bolaji Ayorinde (SAN), while arguing Amosu’s bail application after his arraignment before Justice Mohammed Idris, said his client had returned “colossal sums” to the federal government.

The Nation gathered from a reliable source that Amosu returned N2.6 billion to the government.

The Economic and Financial Crimes Commission (EFCC) arraigned Amosu alongside a former Chief of Accounts and Budgeting at NAF, Air Vice Marshal Jacob Adigun and a former Director of Finance and Budget at NAF, Air Commodore Olugbenga Gbadebo.
EFCC accused them of converting N21 billion from the NAF on March 5, 2014 in Lagos.
They were also accused of concealing “proceeds of crime” and thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 17(a).

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