Ex-airforce chief returns billions of loot to government
– Air Marshal Adesola Amosu (rtd), a former chief of air staff, has reportedly returned N2.6 billion to the federal government
– Mr Amosu pleaded not guilty to all charges and were granted N500 million bail
Details of the trial of Air Marshal Adesola Amosu (rtd), a former chief of air staff, by the Federal High Court in Lagos heard on Wednesday have become known.
The Nation reports that the ex-marshall returned N2.6 billion to the federal government and has cooperated with the prosecution since his arrest in January.
READ ALSO: SHOCKER! EFCC freezes N126billion from 120 accounts
The duo was charged with laundering N21 billion from the NAF on March 5, 2014 and concealing “proceeds of crime”. However, both pleaded not guilty to all the charges and were granted bail in the sum of N500 million each.
Arguing the bail application Mr Amosu’s lawyer, Chief Bolaji Ayorinde (SAN), said: “He has remitted colossal sums of money to the federal government, although not in admittance of guilt, but out of cooperation with security agencies.
My application is that bail be granted to the first defendant on self-recognisance. Let those terms be liberal. He has been reporting to the EFCC, sometimes twice a week. The first defendant will make himself available for trial.”
Earlier the EFCC reported on seizing at least 29 properties from ex-air force chiefs in the on-going anti-corruption war.
Some of the properties seized from Amosu included a house on Adeyemo Alakija Street, Victoria Island, Lagos, worth N250m; a duplex at House 11, Peace Court Estate, GRA, Ikeja, Lagos, worth N110m; a N40m property located at NAF Harmony Estate, Asokoro Base and a five-bedroomed house at Valley NAF Estate, Port Harcourt, worth N33m.
READ ALSO: N166m bribe: Court sends Air Vice Marshal to Kuje prison
Others include a hospital on Adeniyi Jones Avenue, Ikeja, known as St. Solomon Hospital with equipment worth $2.15m and a N95m house on Umaru Dikko Street, Jabi, Abuja.
The post Ex-airforce chief returns billions of loot to government appeared first on Nigeria News today & Breaking news | Nigerian newspapers 24/7.