Witness testifies how Amosu converted N1.8 billion for private use

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Witness testifies how Amosu converted N1.8 billion for private use

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A prosecution witness, Tosin Owobo testified against former Chief of Air Staff, Adesola Amosu and others about how N1.8 billion was converted for their own use before a Federal High Court in Lagos yesterday.
former Chief of Air Staff, Adesola Amosu

former Chief of Air Staff, Adesola Amosu

Mr. Awosu alongside two other officers of the Air Force, Jacob Adigun, an air marshall and Gbadebo Olugbenga, an air commodore have been charged by the Economic and Financial Crimes Commission (EFCC) with stealing, conspiracy and money laundering.Some companies such as Delfina Oil and Gas Limited, Mcallan Oil and Gas Limited, Hebron Housing and Properties Company Limited, Trapezites BDC and Fonds and Pricey Limited have also been charged alongside the former Chief of Staff.They were all arraigned before Justice Mohammed Idris on June 26th where they pleaded not guilty to their charges before they were granted bail of N500 million.At the resumed hearing on Thursday, Mr. Owobo, an assistant detective with the EFCC testified before the court of how the commission had received an intelligence report of funds misappropriation in the Nigerian Maritime Administration and Safety Agency (NIMASA) on a large scale. Upon receiving the report, the commission discovered that there was a Memorandum of Understanding (MOU) between NIMASA and the Nigerian Air Force (NAF) where the commission discovered payment vouchers of a total sum of N1.8 billion paid to some Bureau De Change (BDC) operators.According to Owobo, the money was later converted to United States Dollars and paid into the account of one Gbadebo domiciled with Skye Bank. He further informed the court that the Commission analyzed the accounts and called for the account opening documents.At this point of the testimony, an objection was raised by the defence counsel, Bolaji Ayorinde about the witness giving evidence in relation to the statements of the Bureau De Change Operators. The other defence counsel adopted the objection also.This forced the court into adjourning the case to January 25th and 26th to rule whether the witness can testify on the Bureau De Change operators’ statements.The accused were also said to have indirectly converted N3.6 billion belonging to the Nigerian Air Force into their own use and also stealing N323 million from the force between March 21, 2014 and March 12, 2015.

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