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Alleged N3.9bn Fraud: Court Remands Ex-CDS, Badeh In Prison

ABUJA – A Federal High Court sitting in Abuja has remanded the former Chief of Defence Staff, Air Chief Marshal Alex Badeh‎, who was accused of diverting over N3.9billion from accounts of the Nigerian Air Force,‎ in prison custody. Trial Justice O‎kon Abang remanded the ex-CDS at Kuje prison, Abuja, after he pleaded not guilty to an 11-count criminal charge‎ the Economic and Financial Crimes Commission, EFCC, preferred against him.

The court said Badeh should remain in prison till Thursday when ‎his bail application will be heard, even as it slated March 14 to commence full-blown hearing on the matter. The former military chief was In the charge marked FHC/ABJ/CR/46/2016, alleged to have used the looted funds to purchase choice properties within the highbrow areas in Abuja. The commission equally cited a firm, Iyalikam Nigerian Limited, as the 2nd defendant in the charge bordering on money laundering, corruption and criminal breach of trust. The charge dated February 26, was signed by the Deputy Director of Legal & Prosecution Department at the EFCC, Mr. Aliyu M. Yusuf.

According to the anti-graft agency, Badeh had between January and December, 2013, used dollar equivalent of the sum of N650m, to purchase a commercial plot of land situate at plot 1386, Oda Crescent, Cadastral Zone, A07, Wuse II, Abuja. Badeh was said to have between March 28 and December 5, 2013, paid the sum of N878, 362, 732, 94‎ (Eight Hundred and Seventy-Eight Million, Three Hundred and Sixty Two Thousand, Seven Hundred and Thirty-Two Naira, Ninety-Four Kobo) which he removed from the account of the Nigerian Air Force, into the account of Rytebuilders Technologies Limited with Zenith Bank Plc, for the construction of a shopping mall on the plot.

He was also alleged to have diverted another dollar equivalent of N304m to the firm, Rytebuilders Technologies Limited, for the completion of the shopping mall. Whereas EFCC, in count five of the charge, alleged that Badeh used dollar equivalent of the sum of N260m which he removed from the accounts of the Nigerian Air Force and paid to one Ouwatoyin Oke through Platinum Universal Project and Construction to purchase a duplex for his son, Alex Badeh Jnr, it said the defendant further used N60m to renovate the property situate at No 19 Kumai Crescent, Wuse II, Abuja The prosecution alleged in count-seven of the charge that Badeh used N90m to furnish the said duplex he bought for his son.

The commission told the court that Badeh Jnr. was on the run. Besides, EFCC, in count-eight of the charge, alleged that the defendant used the sum of $2m, equivalent of the sum of N330m, which he removed from the coffers of the Nigerian Air Force, and paid one honourable Bature to purchase another duplex for him at No. 14 Adzope Crescent, Off Kumasi Crescent, Wuse II, Abuja, as well as gave one Rabiu Isyaku Rabiu the dollar equivalent of the sum of N240m to purchase a semi-detached duplex at No 8A Embu Street, for him.

In count nine, EFCC alleged that Badeh and his son (at large), sometime in April 2014, in Abuja, “did use dollar equivalent of the sum of N62, 000, 000.00 (Sixty Two Million Naira only) removed rom the accounts of the Nigerian Air Force and paid Kabiru Sallau/Platinum Universal Projects to renovate a private property situate at No. 2 Nelson Mandela Street, Asokoro, Abuja, when you reasonably ought to have known that the said funds formed part of the proceed of unlawful activity (to wit: criminal breach of trust and corruption) 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”.

One of the charges read: “That you Air Chief Marshal Alex S. Badeh (whilst being the Chief of Air Staff, Nigerian Air Force) and Iyalikan 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, 000.00 (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 you reasonably ought to have known that the said funds formed part of proceed 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”.

Justice John Tsoho of the same high court had last Friday, declined to order the EFCC to release Badeh who has been in detention since February 8, on bail.

(Vanguard)

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