x

Late CDS Alex Badeh, loses six properties, $1m to FG


**as court terminates charges

By Jennifer Omiloli

The late Chief of Defence Staff, Alex Badeh yesterday forfeited six properties to the Federal Government and $1 million recovered from his house through a plea bargain agreement entered into with the Economic and Financial Crimes Commission, EFCC .

This followed a judgment delivered by Justice Okon Abang at the Federal High Court, Abuja yesterday in a further amended charge brought by the EFCC where Badeh’s company was made the defendant following his death.

The judge held that in view of the plea bargain agreement, the defendant was guilty as charged.

“I have before me a plea bargain agreement duly executed by Iyalikam Nigeria Limited and the EFCC.

“I hereby find the defendant guilty and accordingly convict the defendant of the 10-counts further amended charge.

“Having regards to the plea bargain agreement duly executed by the parties, Iyalikam Nigeria Limited is hereby wound up and the judgment shall be served on the Corporate Affairs Commission for execution,” the judge said.

Justice Abang also ordered forfeiture of a mansion situated at No.6 Ogun River Str., off Danube Str., Maitama Abuja, shopping mall situated at Plot 1386, Oda Crescent, Cadastral Zone, Wuse II Abuja and duplex located at No.19, Kumasi Crescent, Wuse II Abuja.

Others are a duplex at No. 14 Adzope Crescent, off Kumasi Cresent, Wuse II, Abuja, Semi-detached duplex at No. 8A Embu Str. by Sigma Apartments Wuse II, Abuja and $1 million recovered from No.6 Ogun River Str., off Danube Str., Maitama, Abuja.”

The judge further ordered that in view of the fact that the first defendant, (Badeh) was reported dead, all processes against him were hereby terminated.

At the resumed trial, the prosecuting counsel, Mr Oluwaleke Atolagbe said that the business of the day was for the second defendant to open defence since the first defendant(Badeh) was now deceased.

Atolagbe, however, informed the court that in view of an agreement reached between the prosecution and the defence, a further amended charge of 10 counts had been filed as well as a plea bargain agreement.

“My Lord, there is a development, the prosecution met with the defence and we have been able to reach an agreement.

“We filed a further amended charge dated March 1 and filed March 4 and we also filed a plea bargain agreement with regards to provisions of the Administration of Criminal Justice Act, (ACJA).”

Atolagbe asked that the new charge be read in open court and in view of the plea bargain agreement, a guilty plea be entered for the defendant, (Iyalikam Nigeria Limited) by the court.

Following the reading of the ten count amended charge and the plea of guilty entered for the defendant by the court, the lawyer prayed the court to enter judgment based on the plea bargain agreement.

“For the avoidance of doubt, we ask that the court should order, as part of the sentence, the final forfeiture of all the properties affected in counts one to ten in the further amended charge as reflected in the plea bargain agreement.

“We further pray that the defendant be convicted and wound up based on the plea bargain agreement and Section 19 of the Money Laundering Act.”

Nigerian pilot recalled that until his death, Badeh was facing trial on charges of alleged abuse of office, money laundering and converting public money to personal use to the tune N3.9bn.

He was arraigned along with his company on a 14-count charge bordering on fraud, to which he entered a “not guilty” plea to all counts.

The diverted money was said to have been meant for arms purchase in the face of worsening destructions by Boko Haram terrorists in the North East region of Nigeria.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Reps Decry Lack of CNG Conversion Centres in North-East, North-West

Lawmakers from northern Nigeria on Thursday criticized the Federal...

Reps Urge Federal Government to Upgrade and Build More NYSC Camps

The House of Representatives has called on the Federal...

Delta Speaker assures of high premium on Assembly staff 

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Bill Gates to Donate 99% of Wealth, Gates Foundation to Close by 2045

Billionaire philanthropist Bill Gates has announced plans to give...

Police keep mum as Unknown gunmen abducts 18 bus passengers  in Kogi

By Noah Ocheni, LokojaBarely 48 hours after the abduction...

JUST IN: White Smoke Signals Election of New Pope at the Vatican

White smoke rose from the chimney of the Sistine...

JUST IN: President Tinubu Honoured with Chieftaincy Title in Anambra

President Bola Ahmed Tinubu has been bestowed with the...

How arrest of celebrity influencer becomes image albatross to GTBank

On May 2, 2025, social media in Nigeria was...
spot_img

Related Articles

Popular Categories

spot_imgspot_img