Wednesday, April 20, 2016

We traced 17 accounts to Badeh – EFCC

The Economic and Financial Crimes Commission has said it has traced 17 accounts to former Air Chief Marshal Alex Badeh (retd).

Badeh was in January arrested for the non-specification of procurement costs, absence of contract agreements, award of contracts beyond authorised thresholds, transfer of public funds for unidentified purposes and general non-adherence to provisions of the Public Procurement Act.
The source at the EFCC who revealed that 17 accounts had been traced to the former Air Chief added that the accounts had all been frozen.

While the immediate past Chief of Air Staff, Air Marshal Adesola Amosu (retd.), had been cooperating with the EFCC, Badeh has refused to return stolen funds, a detective at the EFCC has said.
“Amosu has been cooperating with us and has been returning funds. However, Badeh was very stubborn. Since he refused to return funds, we took him to court.
“Badeh’s case is in court so I cannot talk much about it. However, even after he was charged, we continued to investigate his case. We have frozen all of his accounts including the dollar accounts he opened here in Nigeria,” the detective added.http://www.punchng.com/we-traced-17-accounts-to-badeh-efcc/

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