FG recovers #2.3billion from Amosun

The Federal Government has succeeded in recovery the sum of N2.3bn from the immediate past chief of air staff, Air Marshal Adesola Amosu (retd.) who is being probed by the Economic and Financial Crimes Commission (EFCC) for allegedly diverting funds meant for the purchase of arms.

A source at the EFCC told the Punch that the payment was made by Amosu through two bank drafts issued to the Federal Government. The source said, “I can confirm to you that Amosu has returned N2.3bn. He raised two bank drafts. One draft was N2bn while the second was N300m.” So far the EFCC has recovered at least N4bn in cash and assets from Amosu who is being probed by the EFCC along with 10 senior officers as part of the $2.1bn arms scam, especially in relation to the 10 contracts of the NAF, said to be worth $930,500,690.00. Recall that Amosu and his predecessor, Air Chief Marshal Alex Badeh (retd.) were in January arrested for the non-specification of procurement costs, absence of contract agreements, award of contracts beyond authorised thresholds, transfer of public funds for unidentified purposes and general non-adherence to provisions of the Public Procurement Act.

While Amosu was granted bail, Badeh was charged to court where he is currently facing trial. However, Amosu has been cooperating with the anti-graft agency and has been returning funds but Badeh has refused to return funds and that was why he was dragged to court, a detective of the EFCC told the Punch.

Meanwhile, a witness in the ongoing trial of a former chief of defense staff, Alex Badeh has disclosed how they converted Nigerian air force money to foreign currency. At the resumed trial on April 12, Salisu Abdullahi told the court that through the orders of Badeh, one of the officials of NAF converts N558,000 monthly for the former defense chief. Abdullahi, a retired air commodore and former director of finance and account of the Nigerian air force said the person who converts the money works directly under the chief of defense staff.

The money Abdullahi had earlier explained is collected from a balance of the monthly salaries and emolument of air force personnel. Abdullahi said the money when received, is handed over to the official who then converts it to United States dollars and then gives to the former defense chief.

Source: Naij/Punch

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