Friday, February 2, 2018

Money Laundering: Court Adjourns Badeh’s Trial to February 6

Justice Okon Abang of the Federal High Court sitting in Maitama, Abuja, on Thursday, January 25, 2015 adjourned a case of over N3.9billion allegedly laundered by a former Chief of Air Staff, Air Chief Alex S. Badeh, to February 6, 2018 for further trial.
The matter which was for the continuation of cross-examination of PW19, Abubakar Madaki,
by the defence could not go on as the lead counsel, Akin Olujimi, SAN, was not present in court.
According to Samuel Ezekwere, who held brief for Olujimi, the lead counsel could not make it to court because he was bereaved.
“In the circumstance, we humbly apply that the matter be adjourned to another date and the date for tomorrow be vacated,” he prayed.
The prosecution raised no objection and consequently, the matter was adjourned.
Badeh is being prosecuted alongside Iyalikam Nigeria Limited, by the Economic and Financial Crimes Commission, EFCC, for offences bordering on money laundering to the tune of over N3.9bn.
He, among other things allegedly between January and December, 2013, used dollar equivalent of the sum of N1.4billion (One Billion, One Hundred Million Naira) removed from the accounts of the Nigerian Air Force to purchase a mansion situated at No. 6, Ogun River Street, Off Danube Street, Maitama, Abuja.
The offence is in contravention of 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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