The former Chief of Defence Staff, Air Chief Marshall, Alex Badeh who is being prosecuted for money laundering charges is asking a Federal High Court in Abuja to vary the 2 billion naira bail conditions imposed on him. Justice Okon Abang had in a ruling granted the ex-Chief of Defence Staff bail in the sum of two billion naira with two sureties worth one billion naira each. The former Chief of Defence Staff, Alex Badeh has been on remand in Kuje Prison, Abuja, since his arraignment by the Economic and Financial Crimes Commission on March 7.
Due to his inability to fulfill bail conditions handed to him by the court, Badeh through his team of lawyers has filed an application to vary the bail conditions. It was learnt that Badeh and his team of lawyers were unable to find sureties who owned property worth two billion naira in Abuja as directed by the court. At the last adjourned date, Justice Abang fixed March 23 for prosecution witnesses to continue their testimony against the embattled ex-Chief of Defence Staff.
The EFCC is prosecuting Badeh alongside a firm, Iyalikam Nigeria Limited, on 10 counts of money laundering on alleged fraudulent removal of about N3.97bn from the Nigerian Air Force’s account in 2013.
