• Fri. Sep 30th, 2022


We Break the News

Arms Deal Update: EFCC Recovers $1million Cash from Ex Chief of Defence Staff, Alex Badeh’s House  

EFCC recovers

Sometimes when you read about all these ‘money’ recovered, you’ll find them difficult to believe, but they’re actually true. EFCC recovered a whopping cash of $1million from the house of immediate past chief of defence staff, Air Chief Marshal Alex Badeh. The money has been lodged as evidence.

According to an exclusive report on The Punch, Nigerian’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has recovered $1 million cash from a mansion located at 6, Ogun River Street, Maitama, Abuja which is one of the houses belonging to the immediate past Chief of Defense Staff, Air Chief Marshal Alex Badeh (Rtd). An EFCC detective who pleaded anonymity to the publication, said,

“We have seized several properties belonging to Badeh. A few days ago, we returned to the mansion located at 6, Ogun River Street, Maitama.

“In the presence of several witnesses, including neighbours, we searched the house and recovered $1m in cash. The money has been lodged as evidence.”

A visit by a correspondent to the mansion on Sunday, revealed that an EFCC seal was seen on the gate, with the warning, “EFCC, Keep off!” written all over the fence.

The property, which is said to be worth over N1.1bn, is one of the five properties seized from the ex-defence chief. Some of the properties were said to have been purchased, renovated and furnished for a son of the former CDS, Alex Badeh (Jnr.).

The ex Defence Chief also allegedly bought a commercial plot of land at Plot 1386, Oda Crescent, Cadastral Zone A07, Wuse II, Abuja for N650m. He was said to have paid N878m for the construction of a shopping mall at Plot 1386, Oda Crescent, Cadastral Zone A07, Wuse II, Abuja, and another sum of N304m to complete the construction.

The anti-graft agency also accused them of paying N260m to purchase a duplex at No. 19 Kumasi Crescent, Wuse II, Abuja, for Badeh’s son. The sum of N60m was said to have been paid for the renovation of the property and another N90m to furnish the property.

The retired Air Force officer also allegedly paid N330m to one Honourable Bature to purchase a duplex at No. 14 Adzope Crescent, Off Kumasi Crescent, Wuse II, Abuja. He was also accused of paying N240m to Rabiu Isyaku Rabiu to buy a semi-detached duplex at No. 8A Embu Street, by Sigma Apartment, Wuse II, Abuja.

He is set to appear in court on Monday (today).