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EFCC: Badeh bought shopping mall with N878m

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Alex Badeh, former chief of defence staff, before Justice Okon Abang of the federal high court, Abuja.

The former defence chief is also alleged to have used N878m – being funds of the air force – to build a shopping mall in  Abuja.

He is alleged to have used funds of the Nigerian air force to purchase choice property in Abuja.

According to the EFCC, Badeh illegally used N60m to renovate his sons house, which he purchased for N260m in Abuja, between January and December 2013.

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Badeh is facing a 10-count charge ‎of‎ criminal breach of trust and corruption to the tune of N3.9bn.

He arrived at the court a few minutes before 9am in dark shades.

Three ‎of the charges read: “That you Air Chief Marshal Alex S  Badeh (whilst being the chief of air staff, Nigerian air force) and Iyalikan Nigeria Limited, between January and December, 2013, in Abuja, within the jurisdiction of this honourable ‎court, did use the dollar equivalent of the sum of N1,100,000,000.00 (One billion, one hundred million naira only), removed from the accounts of the Nigeria air force, to purchase for yourselves a mansion situated at No 6 Ogun River street, off Danube street, Maitama, Abuja, when you reasonably ought to have known that the said funds formed part of proceed of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh, and you thereby committed an offence contrary to section 15(2) (d) of the money laundering (Prohibition) Act, 2011 (as amended) and punishable under section 15(3) of the same Act‎.

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“That you Air Chief Marshal Alex S Badeh (whilst being the Chief of Air Staff, Nigerian air force) and Iyalikam Nigeria Limited between January and December 2013, in Abuja, within the jurisdiction of this honourable court, did use dollar equivalent of the sum of N650,000,000 (Six hundred and fifty million naira only), removed from the accounts of the Nigeria Air Force, to purchase for yourselves a commercial plot of land, situate at Plot 1386 Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, when you reasonably ought to have known that the said funds formed part of the proceeds of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh and you thereby committed an offence contrary to section 15(2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.

“That you Air Chief Marshal Alex S. Badeh (whilst being the chief of air staff, Nigerian air force) and Iyalikan Nigeria Limited between January and December 2013, in Abuja, within the jurisdiction of this honourable court, did use an aggregate sum of N878,362,732.94 (eight hundred and seventy-eight million, three hundred and sixty-two thousand, seven hundred and thirty-two naira, ninety-four kobo), removed from the accounts of the Nigerian air force and paid into the account of Rytebuilders Technologies Limited with Zenith Bank Plc for the construction of a shopping mall, situate at Plot 1386 Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, for yourselves, when you reasonably ought to have known that the said funds formed part of the proceeds of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh and you thereby committed an offence contrary to section 15(2)(d)of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”‎

He pleaded not guilty to the charges.

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2 comments
  1. This is just one case of many of these privileged heads of MDAs diverting for private use the public funds entrusted in their hands to manage d MDAs’ personnel, platform and infrastructure. Thank God change in government. We want another change after APC in 2023, then be sure our taskmasters will have been checkmated.

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