The Economic and Financial Crimes Commission (EFCC) yesterday opened its case against a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd.), and 10 others being tried for an alleged fraud of N22.8billion before the Federal High Court in Lagos.
The EFCC called its first prosecution witness, Mojeed Olatunji, a compliant officer with Skype Bank Plc, who tendered some documents against the defendants.
Amosu, was arraigned on June 29 this year by the EFCC alongside two senior serving Air Force officers, Air Vice Marshal Jacob Bola Adigun and Air Commodore Gbadebo Owodunni Olugbenga and seven companies before Justice Mohammed Idris.
Companies named in the charge are Delfina Oil and Gas Ltd, Mcallan Oil And Gas Ltd, Hebron Housing and Properties Company Ltd, Trapezites BDC, Fonds and Pricey Ltd, Deegee Oil and Gas Ltd, Timsegg Investment Ltd and Solomon Health Care Ltd.
The EFCC accused them of conspiracy, stealing, money laundering, concealing of proceeds of crime and conversion of funds belonging to the Nigerian Airforce to their personal use around March 5, 2014 in Lagos.
They were also accused of concealing “proceeds of crime” and thereby committed an offence contrary to Section 18(a) of the
Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 17(a).
However, the defendants had pleaded not guilty to the charges, a development which made the trial judge, Justice Mohammed Idris to grant Amosun, Adigun and Olugbenga bail in the sum of N500million each with