Former chief of Airforce staff Adesola Amosu returned N2.6billion to the Federal Government

Air Marshal Adesola Amosu {rtd in ikoyi high court
Air Marshal Adesola Amosu {rtd}

 Air Marshal Adesola Amosu {rtd}who is currently facing corruption charges and laundering  of N21billion, has returned N2.6billion to the Federal Government.

Accordly to The NATION, The Federal High Court in Lagos yesterday heard that a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd}where His lawyer Chief Bolaji Ayorinde (SAN), while arguing Amosu’s bail application after he was arraigned before Justice Mohammed Idris, said his client had returned “huge sums” of money to the federal Government . Amosu  was arraigned along with a former Chief of Accounts and Budgeting at the Nigeria Air Force, Air Vice Marshal Jacob Adigun, and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo.

The companies arraigned with them are 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.

EFCC accused them of converting N21billion from the Nigeria Air Force around March 5, 2014 in Lagos. Amosu and others were also accused of concealing “proceeds of crime” and thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 17(a)

Adigun’s lawyer, Mr Norrison Quakers (SAN), also urged the court to grant his client bail on liberal terms. “Incidentally, the second defendant is on administrative bail by the commission. He will be available for trial,” he said.

Gbadebo’s lawyer, Mr A. Etuokwu also asked for bail for his client. Prosecuting counsel, Rotimi Oyedepo, did not oppose the bail applications, but urged the court to make the terms stringent.

Justice Idris granted them bail for N500 million with two sureties in same like sum. The sureties must be property owners within the court’s jurisdiction, he said.

Title documents of the properties must be submitted to the court’s registrar, which must be verified by the EFCC. The sureties must also swear to an affidavit of means which must be verified by the EFCC, the court ruled.

Source:  The Nation

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