BADEH DIVERTED NAF’s N558M MONTHLY FOR 15 MONTHS

-     -     The Economic and Financial Crimes Commission on Wednesday alleged that a former Chief of Defence Staff, Air Chief Marshall Alex Badeh (retd.), diverted N558,200,000 monthly from the Nigerian Air Force when Badeh was the Chief of Air Staff.

-     -     The anti-graft agency said this when it opened its case against the ex-CDS before a Federal High Court in Abuja.

-    -      The EFCC is prosecuting Badeh alongside a firm, Iyalikam Nigeria Limited, on 10 counts of money laundering bordering on alleged fraudulent removal of about N397bn from the NAF’s account.

-      -    The commission alleged that Badeh used the fund to buy and develop landed assets in Abuja for himself and his two sons between January and December.

        CULLED FROM THE PUNCH.