The Economic and Financial Crimes Commission (EFCC) says it has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh.
According to The Punch, the money was recovered after detectives searched a mansion located at 6, Ogun River Street, Maitama, Abuja, with an anonymous source saying: “We have seized several properties belonging to Badeh. A few days ago, we returned to the mansion located at 6, Ogun River Street, Maitama.
“In the presence of several witnesses, including neighbours, we searched the house and recovered $1m in cash. The money has been lodged as evidence.”
As at the time of visit on Sunday, March 6, there was an EFCC seal on the gate, with the warning, ‘EFCC, Keep off!’
The property, which is said to be worth over N1.1bn, is one of the five properties seized from the ex-defence chief while some of them were said to have been purchased, renovated and furnished for a son of the former CDS, Alex Badeh (Jnr.).
In the charges signed by EFCC’s deputy director, Legal and Prosecution Department, Aliyu Yusuf, the anti-graft agency alleged that Badeh removed the sum of N3.9bn from the accounts of the Nigerian Air Force which the ex-chief denied. Badeh, who has remained in the EFCC custody since February 8, has been charged along with a firm, Iyalikam Nigeria Limited, before Justice Okon Abang of the Federal High Court in Abuja and is set to appear in court today, March 7, 2016.