Former Air Chief, Amosu, Others Enter into Plea Bargain with EFCC over N21bn Money Laundering Trial

A former Chief of Air Staff, Air Marshal Adesola Amosu (retd), along with other former senior Airforce officers have entered into a plea bargain with the Federal Government over the N21bn money laundering charge they are standing trial for.
Other officers who have entered the plea guilty bargain include a former Chief of Accounts and Budgeting at the Nigeria Air Force, Air Vice Marshal Jacob Atiku (retd) and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo.
The Federal High Court in Lagos on Tuesday was told that the former Chief of Air Staff and others are in the process of pleading guilty to the offence.
He and 10 others said they were negotiating a plea bargain with the Economic and Financial Crimes Commission (EFCC).
The defendants opposed a bid by EFCC’s lawyer, Rotimi Oyedepo, to begin their trial.
They sought for more time to conclude the plea bargain.
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.
EFCC accused them of converting N21bn from the Nigeria Air Force around March 5, 2014 in Lagos.
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.”
“He (Amosu) has remitted colossal sums of money to the Federal Government, although not in admittance of guilt, but out of cooperation with security agencies,” he said.

Author: News Editor

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