The Economic and Financial Crimes Commission has revealed startling details of how former air-force boss, Amosun diverted gargantuan sums of money from government coffers for his personal use.
Wednesday's trial of a former Chief of Air Staff, Adesola Amosu at the Federal High Court in Lagos has witnessed a mind-boggling disclosure of how he ferried massive sums of money from government coffers to his private pocket.
The Economic and Financial Crimes Commission told the court presided over by Justice Mohammed Idris how Amosu illicitly withdrew funds from the Nigerian Air Force bank account to buy big properties at strategic locations in Nigeria and abroad.
Mr. Amosu was arraigned alongside Jacob Adigun, an Air Vice Marshal, and Gbadebo Olugbenga, an Air Commodore, on a 26-count charge of stealing N50 billion according to Premium Times.
Also arraigned with the trio before Justice Mohammed Idris were their companies – 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.
According to the charge sheet seen by a correspondent, Mr. Amosu and Mr. Adigun, a former Head of Accounts and Budgeting at the Nigerian Air Force (NAF), allegedly removed sums running into billions of naira from NAF’s bank account to purchase properties for themselves in choice locations in Abuja, Lagos, and London.
They include N400 million to renovate and purchase medical equipment for Solomon HealthCare Ltd, 24 Adeniyi Jones Street, Ikeja; N500 million to purchase a property at No. 1 River Street, Wuse 2, Abuja; N240 million to purchase a property at No.61A, Lake Chad Street, Maitama, Abuja; and N370 million property at Agadez Street, off Aminu Kano Crescent, Abuja.
Others are N440 million to purchase a property at Salt Lake Street, Maitama, Abuja; N1.7 billion for property at Agobogba Street, Parkview, Ikoyi; N750 million to purchase Cappadol Mall at Adetokunbo Ademola Street, Wuse 2, Abuja; N1.5 billion for property at Sinari Daranijo Street, Victoria Island, Lagos; and N900 million to purchase a property No. 40A, Bourdillon, Ikoyi.
Outside Nigeria, the duo allegedly withdrew N660 million from the NAF account to purchase two properties at No. 50-52 Tenterden Grove, London (NW4 1TH) and No. 93B Shirehall Park, London NW4 2QU, United Kingdom.
The defendants pleaded not guilty to the charges.
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