The snowballs are rolling down the mountain as the Economic and Financial Crimes Commission (EFCC) opens a big gate of seizure against three ex-military men, who were commissioned to defend the Federal republic of Nigeria, but at the end they did much to destroy the republic.
The commission has seized 29 properties from the immediate past Chief of Air Staff, Air Marshal Adesola Amosu, a former Chief of Accounts and Budgeting in NAF, Air Vice Marshal Jacob Adigun (retd.), and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo (retd.), the Punch has reported.
At least 11 properties were seized from Amosu, 12 from Adigun and six from Gbadebo. The properties include three plazas, six mansions, a quarry, a hospital, a block of flats, animal farms, a school, two hotels, some uncompleted buildings and some parcels of land.
According to the report the properties were acquired mainly in 2014.
The properties seized from Adigun are said to be worth N9.6bn.
Some of the properties include a shopping plaza known as Capadar Plaza on Adetokunbo Ademola Crescent, Wuse 2, which is worth N980m; a residential mansion on Lake Chad Street, Maitama, Abuja, worth N450m, an executive mansion in Imo River Close, Off Dandube Crescent, Maitama, worth N710m and a four-unit terrace on Agadez Street, Off Aminu Kano Crescent, Wuse 2, worth N720m.
Other properties, seized from Adigun, include a 35-room uncompleted hotel on Salt Lake Street, Maitama, Abuja; a parcel of land located on Bourdillon Street, Ikoyi, Lagos; a block of 12 service flats, located on Agodogba Street, Park View Estate, Ikoyi, said to be worth N1.8bn and a quarry in Bwari area of Abuja worth about $694,000.
A source at the EFCC said, “Adigun spent most of his own share of the money on properties and so we did not recover much cash from him. Amosu, however, returned over N2.3bn and raised two bank drafts.”
He revealed that the properties seized from Amosu are a house on Adeyemo Alakija Street, Victoria Island, Lagos, worth N250m, a duplex at House 11, Peace Court Estate, GRA, Ikeja, Lagos, worth N110m, a N40m property located at NAF Harmony Estate, Asokoro Base and a five-bedroomed house at Valley NAF Estate, Port Harcourt, worth N33m.
Others include a hospital on Adeniyi Jones Avenue, Ikeja, known as St. Solomon Hospital with equipment worth $2.15m and a N95m house on Umaru Dikko Street, Jabi, Abuja.
While the properties seized from Gbadebo include a fish farm worth N10m, a N20m poultry, located at Musa Close, Oyibo Ayobu, Lagos and a school known as Bloomsville International School, Divine Estate, Isheri-Olofin , off Lagos-Ibadan Expressway.
The three suspects will be arraigned by the anti-graft agency this week. The retired military officers were accused of diverting public funds to the tune of N21,467,674,707.43 in 2014.
Others accused persons, charged along with them are Delfina Oil and Gas Limited, McCallan Oil and Gas Limited, Hebron Housing and Properties Company Limited, Trapezites BDC, Funds and Pricey Limited, Degree Oil and Gas Limited, Timsegg Investment Limited and Solomon Healthcare Limited.
cpcnews.org 