Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,839 members, 7,813,796 topics. Date: Tuesday, 30 April 2024 at 06:34 PM

Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping (552 Views)

Kwara Youths Threaten To Recall Saraki, Accuse Him Of Pursuing Personal Interest / Nnamdi Kanu Leaves Kuje Prison As Osita Chidoka Drives Him (Photos) / Kingsley Otuaro Preaches At Warri Prison As Inmates Repent (2) (3) (4)

(1) (Go Down)

Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by morili: 11:45am On Mar 07, 2016
The Federal High Court sitting in Abuja has ordered former Chief of Defence Staff, Alex Badeh, to be remanded in prison until his bail application is heard. The EFCC arraigned Badeh before Justice Okon Abang this morning. Badeh is standing trial on a 10-count charge ‎of‎ criminal breach of trust and corruption to the tune of N3.9 billion.

In the charge sheet read in court today, Badeh is accused of spending N878 million being funds of the air force to build a shopping mall in Abuja. He is alleged to have also used funds of the Nigerian air force to purchase choice properties in Abuja. Part of the charge sheet reads…


“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 the dollar equivalent of the sum of N1,100,000,000.00 (One billion, one hundred million naira only), removed from the accounts of the Nigeria air force, to purchase for yourselves a mansion situated 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.

That you Air Chief Marshal Alex S Badeh (whilst being the Chief of Air Staff, Nigerian air force) and Iyalikam Nigeria Limited between January and December 2013, in Abuja, within the jurisdiction of this honourable court, did use dollar equivalent of the sum of N650,000,000 (Six hundred and fifty million naira only), removed from the accounts of the Nigeria Air Force, to purchase for yourselves a commercial plot of land, situate at Plot 1386 Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, when you reasonably ought to have known that the said funds formed part of the proceeds 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.


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 an aggregate 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), removed from the accounts of the Nigerian air force and paid into the account of Rytebuilders Technologies Limited with Zenith Bank Plc for the construction of a shopping mall, situate at Plot 1386 Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, for yourselves, when you reasonably ought to have known that the said funds formed part of the proceeds 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”‎.

Copied at: http://nnu.com.ng/court-remands-badeh-in-prison-as-efcc-accuse-him-of-spending-n878m-on-a-shopping-mall/

Re: Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by Mikehell(m): 11:48am On Mar 07, 2016
Good for Him
Re: Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by realnas(m): 11:54am On Mar 07, 2016
In 2014 bh terrorists invaded this man 's village in adamawa and ransacked his own personnal house and the clinic he built in that village ad still he gladly diverted money needed to purchase much needed weapons to fight bh I'm out of words ,some pple r born wicked alex badeh is a clear example .
Re: Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by ziccoit: 11:54am On Mar 07, 2016
To steal money is one thing, dipping hands into blood money is going overboard.

That should tell Nigerians how useless was the last government. The government that has respect for nothing but their personal interests.
Re: Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by fallout87: 12:11pm On Mar 07, 2016
He is doing what Ameaxhi, Fashola and every Governor and high ranking Oriskany who get SECURITY VOTE do.

They spend their SECURITY VOTE on themselves!

So why is EFCC only going after Badeh? Go after every single Governor as well! Go after Ameachi for using River State SECURITY VOTE and property (sales) to fund APC campaign! Go after Fashola. Go after all the current ministers and Buhari's personal staffs which no doubt are doing the same.

Unserious government doing witch hunting!

All of these politicians are the same. Yet look at their hypocrisy!

1 Like

Re: Court Remands Badeh In Prison As EFCC Accuse Him Of Spending N878m On A Shopping by Mynd44: 12:25pm On Mar 07, 2016

(1)

Don't Comment If You Can't Watch The Entire Video. / Cock Crows At Dawn Nigeria Is Not Lagos, Lagos Is In Nigeria / Suicide Bomber Hits Maiduguuri

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.