Badeh is being prosecuted by the EFCC alongside his company, Iyalikam Nigeria Limited, for allegedly abusing his office by using the dollar equivalent of the sum of N1.4billion (One Billion, Four Hundred Million Naira) removed from the accounts of the Nigerian Air Force, NAF, to purchase properties in choice areas of Abuja between January and December, 2013.
The offence contravenes Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.
Counsel to EFCC, Rotimi Jacobs, SAN, led the seventh prosecution witness, PW7, Oluwatoyin Oke (a business woman); from whom the first defendant (Badeh) allegedly bought a choice property in the Wuse 2 area of Abuja in evidence.
The witness told the court that she used to own and live in No. 19, Kumasi Crescent, Wuse 2 Abuja also known as plot 456 Kumasi Crescent Wuse 2, until 2013 when she sold it for N260million. Oke stated that after putting the property up for sale, she was contacted by one Abba Maidama who informed her of an interested buyer. Upon inspection of the property, Maidama further informed her that his client was ready to commence payment in three installments.
The PW7 told the Court that the first installment she received was $550,000.00 (five hundred and fifty thousand United States dollars) which was paid into her account by the agent. Upon receipt of the second and third installments of the dollar equivalent of N260million, Oke stated that she signed and handed over all the original documents and title deeds of the property, including a Power of attorney, Deed of Assignment and Deed of Sale to Maidama.
Prosecuting counsel now asked the witness to ascertain copies of the documents which were shown to her in court; and she did. Thereafter, the documents were tendered and marked as exhibits D8 to D20 with no objection from lead defense counsel, Akin Olujimi, SAN. Olujimi was called upon to cross-examine the witness to which he declined.
Justice Okon Abang, thereafter, adjourned to the November 2 and 3, 2016 for continuation of trial.
18 comments:
EFCC are really doing a great job, kudos to them. No room for corruption,this administration is the real deal👌🏽
~glo rule your world~ cos I do•
Godtakeover nigeria
Noted by super star dj banti
Too bad but I think is cool as u're facing wat u askd for
Hmmm
Exhibits my ass! TERRORIST BUHARI U AN UR THUGS SHOULD KEEP FOOLING UNA SELFS! what of paid witness huh? Una no dey shame that the world are watching una witch hunting against pdp tell me how a normal person will call these rubbish a corruption fighting huh? THEY ARE NOW TRYING TO BRIBE OBANIKORO TO TESTIFY AGAINST FALSE SHAMELESS FOOLS DECEIVING THEM SELFS.
#sad indeed
Exhibits my ass! TERRORIST BUHARI U AN UR THUGS SHOULD KEEP FOOLING UNA SELFS! what of paid witness huh? Una no dey shame that the world are watching una witch hunting against pdp tell me how a normal person will call these rubbish a corruption fighting huh? THEY ARE NOW TRYING TO BRIBE OBANIKORO TO TESTIFY AGAINST FALSE SHAMELESS FOOLS DECEIVING THEM SELFS.
#sad indeed
NAWA O
AUNTY LINDA 👩
And the story continues.
say, Genevieve.
See his chics na u will know he have chop belleful
Signed
LibBadBoy
Ndi oshi! Linda take note!
Hmmm
...merited happiness
************************dix ix d only area i support in dix Fulani cow government..... Aside d way dey intimidate pipo....... But den... Put the money to a good use
Niger-Area, We put thee in God's hands.
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Have you keyed into the development that has come to the Ojo-Badagry area of Lagos? This no doubt is the next, lekki, banana island of Lagos. It is the border town to all West African countries.
The road expansion with the rail station is ongoing, work on the deep seaport is massive, the aje oil refinery is on quick construction, properties are still selling at very affordable prices. Key into this development before the prices of properties skyrockets ten times what it sells now.
Call on us for any kind of property in the said area.
08188197893, 08075055056
ghen ghen
-D great anonymous now as Vivian Reginalds
Idiot, is the former chief of defence staff a PDP member?
This Okon Abang of a Judge...
Ok nah, let's be going
Dis man is in trouble... dee
Seen
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