Nigeria confiscates $1m cash, N1bn mansion from former Air-force Chief

A former Chief of Defence Staff, Air Chief Marshal, Alex Badeh (rtd.), has permanently forfeited $1m to the Federal Government.Recall that the Economic and Financial Crimes Commission, EFCC, while investigating the arms scam under ex-President Goodluck Jonathan’s administration, searched Badeh’s gigantic mansion situated on 6 Ogun River Crescent, Maitama, on March 6, 2016 and found $1m cash.The house, which is worth about N1.1bn, was subsequently seized by the EFCC while the cash was confiscated as evidence against the ex-Defence chief in court. Badeh had denied ownership of the mansion and its contents.However, the presidency hinted Punch that, “In March, the EFCC searched the house in the presence of neighbours and other witnesses and found $1m in cash.