Monday, March 7, 2016

Ex-Army Chief Badeh sent to Prison

A Federal High Court sitting in Abuja has remanded a former Chief of Defence Staff, Alex Badeh, in Kuje Prison. Badeh was arraigned before the court today on 10 counts of money laundering. He is accused of fraudulently removing N3.97bn from the account of the Nigerian Air Force in 2013. He used the money to purchase a mansion at No. 6, Ogun River Street, Off Danube Street, Maitama, Abuja, which the defendants were said to have purchased with N1.1bn.


The accused 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. $1M cash is reported to have been discovered in one of his properties. 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.

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