Alleged N22b fraud: Ex-air chief ‘returns N2.6b to Fed Govt’

The Federal High Court in Lagos yesterday heard that a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd), charged with laundering N21billion, has returned N2.6billion to the Federal Government.
His lawyer Chief Bolaji Ayorinde (SAN), while arguing Amosu’s bail application after he was arraigned before Justice Mohammed Idris, said his client had returned “collossal sums”.
Amosu returned N2.6billion to the Federal Government, The Nation learnt.

The Economic and Financial Crimes Commission (EFCC) arraigned him along with a former Chief of Accounts and Budgeting at the Nigeria Air Force, Air Vice Marshal Jacob Adigun, and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo.
Amosu and Adigun were said to have, between July 17 and September 16, 2014,  allegedly removed over N663.4million from the Nigerian Air Force accounts to buy properties at  50-52 Tenterden Grove, London (NW4 1TH) and at 93B Shirehall Park, LondonNW4 2QU, United Kingdom.
They were accused of buying 40A, Bourdillon, Ikoyi, with N900million, and a property at Sinari Daranijo on Victoria Island with N1.5billion.
EFCC said they also bought a property named as Cappadol Mall at Adetokunbo Ademola Street, Wuse II Abuja, for N750million, as well as a property worth over N1.7billion at Agobogba Street, Parkview, Ikoyi, Lagos, using the AirForce’s money.
 Justice Idris granted them bail for N500 million with two sureties in same like sum. The sureties must be property owners within the court’s jurisdiction.
The Nation
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