$1m CASH found inside soak-away in Badagry At Amosu’s Residence


The Economic and Financial Crimes Commission (EFCC) arrested, Lara, the wife of the immediate past Chief of Air Staff (CAS), Air Marshal Adesola Amosu (rtd), over the arms procurement scandal.

She has been in the custody of the EFCC in Lagos for the past one week. Mrs. Amosu’s arrest followed the alleged discovery of about N3 billion in her bank accounts. She was allegedly holding the money in trust for her husband.

A source informed that other properties traced to the former CAS were also being held by his wife and children. Amosu was arrested some weeks ago by the EFCC over his involvement in the arms scandal. “Shortly after Amosu was picked up in Abuja, his wife, Lara, was subsequently arrested. Investigations conducted showed that some of the monies the former Chief of Air Staff made through some contracts and procurements in NAF were traced to his wife’s accounts.

We also learnt that the EFCC retrieved $1 million cash in Amosu’s residence in his residence in Badagary, Lagos and that the money, in foreign currency, was retrieved when EFCC operatives carried out a search on Amosu’s residence in Badagry.

According to the source: “In continuation of the investigation into the arms probe, the EFCC operatives took Amosu to his residence in Badagry. After a thorough search of the residence, a fresh small ‘soakaway’ pit was discovered in the compound.

The operatives suspected foul play, which informed the breaking of the ‘soakaway’. Surprisingly, $1 million was found in it. The money was subsequently confiscated.”

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