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Ex-air Chief, Amosum Forfeits N2.2bn To FG - Politics - Nairaland

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Ex-air Chief, Amosum Forfeits N2.2bn To FG by deomelo: 6:08am On Jan 17, 2019






Justice Mojisola Olatoregun of a Federal High Court in Lagos yesterday ordered the final forfeiture of N2.2 billion recovered from a former Chief of Air Staff, Air Marshal Adesola Amosu, to the Federal Government.

This followed an ex-parte application filed by the Economic and Financial Crimes Commission on June 7, 2018.

The court had earlier granted an interim order of forfeiture of N2,244,500,000 recovered by the EFCC from the Amosu, suspected to be proceeds of an unlawful activity.


Justice Olatoregun also ordered forfeiture of N101 million recovered from Solomon Enterprises, a company linked to Amosu.


“Upon examination of the two applications asking the interim orders to be set aside, dated July 28, 2018. from the first respondent and the interested party, I found nothing to set aside the order, and the applications are hereby dismissed.

“The only conclusion I can reach is that these funds are proceeds of an unlawful activity.


“The court has an inherent power to vary or discharge an interim order given, the affidavits filed disclosed no reason why the order of final forfeiture should not be made.

“I hereby order the final forfeiture of these sums to the Federal Government of Nigeria: N2,244,500,000, N190,828,978.15 and N101 million.

“The funds should be paid into the nominated GTB treasury single account of the Federal Government and an affidavit of compliance filed within 14 days.” Olatoregun ruled.


Amosu and an interested party; Air Vice Marshal Bolaji Adigun, had filed counter affidavits, arguing that the funds were proceeds of their personal businesses and not from an illegal activity.

But Justice Olatoregun in her ruling Wednesday, dismissed the affidavits, stating that they had failed to provide any facts as to the level of probability to ascertain if the funds were obtained unlawfully.

Amosu, Gbadebo and former NAF Chief of Accounts and Budgeting Air Vice Marshal Jacob were on trial before Justice Mohammed Idris of the same court before he was elevated to the Court of Appeal.

The EFCC had accused them of converting N21bn from NAF through various companies, namely Delfina Oil and Gas Ltd, Mcallan Oil and Gas Ltd, Hebron Housing and Properties Company Ltd, Trapezites BDC, Fonds and Pricey Ltd, Deegee Oil and Gas Ltd, Timsegg Investment Ltd and Solomon Health Care Ltd.

They were accused of using the Air Force’ funds to buy 40A, Bourdillon, Ikoyi for N900m; a property at Sinari Daranijo in Victoria Island for N1.5bn; Cappadol Mall at Adetokunbo Ademola Street, Wuse II Abuja for N750m; a N1.7billion property at Agobogba Street, Parkview, Ikoyi Lagos; among others.



https://www.dailytrust.com.ng/ex-air-chief-amosum-forfeits-n2-2bn-to-fg.html
Re: Ex-air Chief, Amosum Forfeits N2.2bn To FG by deomelo: 6:11am On Jan 17, 2019




#SAIBABA2019-2023
Re: Ex-air Chief, Amosum Forfeits N2.2bn To FG by madridguy(m): 6:16am On Jan 17, 2019
tongue
Re: Ex-air Chief, Amosum Forfeits N2.2bn To FG by Bizmagnet: 6:16am On Jan 17, 2019
Good news if it will not be relooted.
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Re: Ex-air Chief, Amosum Forfeits N2.2bn To FG by abdulazeez1002(m): 6:24am On Jan 17, 2019
PMB at work

No peace for the criminals

Buhari is coming, criminals are hiding

Next level straight

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