Former Air Force chief returns N2.6bn to FG
Thu Jun 30, 2016 01:31:pm National
2.5K By Buchi Obichie
According to reports, a former Chief of Air Staff,Air Marshal Adesola Amosu (rtd), who was arraigned in court by the Economic and Financial Crimes Commission, EFCC, has returned N2.6bn to the Federal Government.
Amosu was arraigned alongside an Air Commodore, Gbadebo Olugbenga, on a 7count charge of money laundering to the tune of N21bn from the Nigerian Air Force, and 'concealing proceeds of the crime.'
However, the duo pleaded not guilty to all the charges and were granted bail in the sum of N500 million each.
Arguing the bail application in court on Wednesday, Mr Amosu's lawyer, Chief Bolaji Ayorinde (SAN), said: "He has remitted colossal sums of money to the Federal Government, although not in admittance of guilt, but out of cooperation with security agencies."
The EFCC has reportedly seized a number of properties from the former Air Force Chief, including a house on Adeyemo Alakija Street, Victoria Island, Lagos, worth N250m; a duplex at House 11, Peace Court Estate, GRA, Ikeja, Lagos, worth N110m; a N40m property located at NAF Harmony Estate, Asokoro; and a five-bedroom house at NAF Valley Estate, Port-Harcourt, worth N33m.
Amosu was arraigned alongside an Air Commodore, Gbadebo Olugbenga, on a 7count charge of money laundering to the tune of N21bn from the Nigerian Air Force, and 'concealing proceeds of the crime.'
However, the duo pleaded not guilty to all the charges and were granted bail in the sum of N500 million each.
Arguing the bail application in court on Wednesday, Mr Amosu's lawyer, Chief Bolaji Ayorinde (SAN), said: "He has remitted colossal sums of money to the Federal Government, although not in admittance of guilt, but out of cooperation with security agencies."
The EFCC has reportedly seized a number of properties from the former Air Force Chief, including a house on Adeyemo Alakija Street, Victoria Island, Lagos, worth N250m; a duplex at House 11, Peace Court Estate, GRA, Ikeja, Lagos, worth N110m; a N40m property located at NAF Harmony Estate, Asokoro; and a five-bedroom house at NAF Valley Estate, Port-Harcourt, worth N33m.
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