The Economic and Financial Crimes Commission has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh(retd.), The PUNCH has learnt.

Our correspondent learnt the money was recovered after detectives searched a mansion located at 6, Ogun River Street, Maitama, Abuja.

A detective at the EFCC, who did not want his name in print, said, “We have seized several properties belonging to Badeh. A few days ago, we returned to the mansion located at 6, Ogun River Street, Maitama.



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EFCC searches Badeh’s house, recovers $1m cash
March 7, 2016


Immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh (retd.)


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Eniola Akinkuotu, Abuja

The Economic and Financial Crimes Commission has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh(retd.), The PUNCH has learnt.

Our correspondent learnt the money was recovered after detectives searched a mansion located at 6, Ogun River Street, Maitama, Abuja.

A detective at the EFCC, who did not want his name in print, said, “We have seized several properties belonging to Badeh. A few days ago, we returned to the mansion located at 6, Ogun River Street, Maitama.

“In the presence of several witnesses, including neighbours, we searched the house and recovered $1m in cash. The money has been lodged as evidence.”

When our correspondent visited the mansion on Sunday, the EFCC seal was seen on the gate, with the warning, ‘EFCC, Keep off!” written all over the fence.

The property, which is said to be worth over N1.1bn, is one of the five properties seized from the ex-defence chief.

Some of the properties were said to have been purchased, renovated and furnished for a son of the former CDS, Alex Badeh (Jnr.).

Badeh also allegedly bought a commercial plot of land at Plot 1386, Oda Crescent, Cadastral Zone A07, Wuse II, Abuja for N650m.

They were said to have paid N878m for the construction of a shopping mall at Plot 1386, Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, and another sum of N304m to complete the construction.

The anti-graft agency also accused them of paying N260m to purchase a duplex at No. 19 Kumasi Crescent, Wuse II, Abuja, for Badeh’s son.

The sum of N60m was said to have been paid for the renovation of the property and another N90m to furnish the property.

The retired Air Force officer also allegedly paid N330m to one Honourable Bature to purchase a duplex at No. 14 Adzope Crescent, Off Kumasi Crescent, Wuse II, Abuja.

They were also accused of paying N240m to Rabiu Isyaku Rabiu to buy a semi-detached duplex at No. 8A Embu Street, by Sigma Apartment, Wuse II, Abuja.

They also allegedly renovated a private property at No. 2, Nelson Mandela Street, Asokoro, Abuja, with N62m.

In the charges, signed by EFCC’s Deputy Director, Legal and Prosecution Department, Aliyu Yusuf, the anti-graft agency alleged that Badeh removed the sum of N3.9bn from the accounts of the Nigerian Air Force.

But Badeh had, last week, denied ownership of the properties seized by the anti-graft agency.

Badeh, who has remained in the EFCC custody since February 8, has been charged along with a firm, Iyalikam Nigeria Limited, before Justice Okon Abang of the Federal High Court in Abuja.

He is set to appear in court on Monday (today).

Source:- http://www.punchng.com/efcc-searches-badehs-house-recovers-1m-cash/

Don't know what to post but feel like stoning that man to death.I don't know how people like such living comfortable with conscience judging them.Its a shame.

Badeh again?? Na waoh oooo, this man is really a money bank. Someone pls tell EFCC to also search his big tummy, when it comes to hiding of money, no location is strange to Badeh

So an orphan sef can steal. Or is that the money people gave him out of sympathy? Some people have really sold their consciences to the devil for earthly treasures. Shame on u Badeh.

FowlYansh:

This is not funny my lady.It is sicken and evil.You using money meant for arm purchase,buying properties.It is annoying.

The tragedy is that he will walk free at the end of the day and probably sue Efcc.

See as these people re calling millions like it's nothing. People are greedy.

Do u all knows that if this same man is granted bail in court today some youths will still gather up to welcome him...i feel sorry and weep for the youths of this country

To be denied in few days

Thank God I never supported GEJ's second term ambition. By 2019, him and his team would have succeeded in stealing every kobo in the national treasury, including those borrowed.

Send all corrupt public servants to the gallows.

If this is TRUE then the guy is foolish. Top leaders with corruption cases r being arrested and home searched and yet he left such amont at home.
If I get Uncles who's conscience is disturbing, he shld quickly come and hide the money in my garden.
How cld u hide money in ur place at this probing time?
Still doubting this allegation sha.

All these fat belle officers no they smile at all, imagine their asset, if they come be president nko oooooooo

sunmike065:
Do u all knows that if this same man is granted bail in court today some youths will still gather up to welcome him...i feel sorry and weep for the youths of this country

I tire o. Even some will say he's being witch-hunted...so many people with absurd orientations and funny ways of reasoning. That is the exact reason why our society is the way it is

Kai! 1million dollar cash in your house, and some people were suffering dem no even get 1dollar. God go punish all of una wey dey make this country like this

Will soon be released. Dont fool the menace.