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N50 billion fraud: Ex- NAF chief Amosu, others in plea bargain

 Former Chief of Air Staff, Adesola Amosu, is still in plea bargain talks with the Economic and Financial Crimes Commission (EFCC)

Amosu, was arraigned in June, 2016 alongside Jacob Adigun, an Air Vice Marshal, and Gbadebo Olugbenga, an Air Commodore, on a 26-count charge of stealing N50 billion



Ex- NAF chief Adesola Amosu
Ex- NAF chief Adesola Amosu, others still in plea bargain talks with the Economic and Financial Crimes Commission (EFCC)

Former Chief of Air Staff, Adesola Amosu, charged with laundering N21billion is still in plea bargain talks with the Economic and Financial Crimes Commission (EFCC), his lawyer told the Federal High Court in Lagos on Tuesday, October 4.

According to The Nation, he and 10 others said they were negotiating a plea bargain with the anti-graft agency

The defendants opposed a bid by Rotimi Oyedepo, EFCC’s lawyer to begin their trial, soughting for more time to conclude the plea bargain.
Amosun was accused of stealing from the Nigerian Air Force bank account to buy personal properties worth billions of Naira.

EFCC arraigned the former chief of air staff along with the former chief of accounts and budgeting at the Nigeria Air Force, Air Vice Marshal Jacob Adigun and former director of finance and budget, Air Commodore Olugbenga Gbadebo.

The companies arraigned with them are Delfina Oil and Gas Limited, Mcallan Oil And Gas Limited, Hebron Housing and Properties Company Limited, Trapezites BDC, Fonds and Pricey Limited, Deegee Oil and Gas Limited, Timsegg Investment Limited and Solomon Health Care Limited.

They were also accused of concealing “proceeds of crime,” an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 17(a).

Arguing his bail application before Justice Mohammed Idris after Amosu’s arraignment in June, his lawyer Chief Bolaji Ayorinde (SAN), said his client had returned “collossal sums.”

The judge adjourned the case till October 20, 21 and 24, 2016 for trial.


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