111 Views

Revealed: How $702,000 Was Paid Into Former CDS, Alex Badeh’s Bank Account

A prosecution witness, PW9, in the ongoing trial of Air Marshal Alex Badeh, on Monday, November 14, 2016 told Justice Okong Abang of the Federal High Court sitting in Maitama, Abuja how $702,000 was paid into the Badeh’s account in eight installments.

Badeh is standing trial alongside a firm, Iyalikam Nigeria Limited, for allegedly abusing his office as Chief of Defence Staff by using the dollar equivalent of the sum of N1.4billion removed from the accounts of the Nigerian Air Force to purchase properties in choice areas of Abuja between January and December, 2013.

The EFCC said 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.

The witness, Daudu, who has been a relationship manager at First Bank since 2011 with a defined function of marketing people, converting them to customers and managing the relationship, told the court how she opened a “Visa Gold Account” for Badeh.

“The account is a card account and domiciliary account, which cannot be operated over the counter,” the witness said.

She explained how a deposit of $50,000 was made in two installments by Badeh’s officers, which was later cross-checked by her.

“I filled the teller and wrote my name on it as evidenced,” she added.

The witness added that Badeh sent money through his officers to the bank.

ALSO READ  What Kachikwu Did After Meeting With President Buhari

“They gave the money to me as the relationship officer and so we got to the counter and cross-checked the money,” she added.

Counsel to EFCC, Oluwaleke Atolagbe, sought the indulgence of the court to permit a detailed explanation on some of the exhibits by the witness.

The witness recognised Exhibit F1, dated March 15, 2016, as a document addressed to the Head of Operations, EFCC, with the account name: “Badeh Alex Sabundu”.

Daudu explained how the money was paid into the “Visa Gold Account” between June 13, 2013 and October 24, 2013.

She said, “On June 13, 2013, a cash deposit of $10,000 was made by a third party, who is the witness and on June 21,

2013, a cash deposit of $100,000 was made by a third party, who is a witness.

“On June 27, 2013, a cash deposit of $100,000 was made by the same witness.

“While on July 23, 2013, a cash deposit of about $50,000 was deposited by witness.

“On August 2, 2013, cash deposit of $100,000 was made by Raphael.

“On October 17, 2013, $142,000 was deposited by witness

“On October 18, 2013, the sum of $100,000 was deposited by Mrs. Daudu.”

On October 23, 2013, the sum of $100,000 was deposited by the witness herself.

Justice Abang adjourned to Thursday, November 17, 2016 for the continuation of hearing.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Fela Durotoye Speaks On 2019 Election
Politics
14 views
Politics
14 views

Fela Durotoye Speaks On 2019 Election

PH - February 22, 2018

Fela Durotoye, a consulting guru, leadership coach and public speaker, says he will be running for president, come 2019. The 46-year-old declared his intentions on Thursday, adding…

Governor Fayose Reveals What He Discussed With INEC Boss Behind Closed-Doors
Politics
14 views
Politics
14 views

Governor Fayose Reveals What He Discussed With INEC Boss Behind Closed-Doors

PH - February 22, 2018

Governor Ayodele Fayose of Ekiti State yesterday held a closed-door meeting with the chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, together with the…

9 Facts About Tolani Otedola You Might Not Know
Entertainment
24 views
Entertainment
24 views

9 Facts About Tolani Otedola You Might Not Know

PH - February 22, 2018

In Accelerate TV’s Accelerate 9 segment, stars share 9 facts about them which their fans may not be aware of. This episode features musician, Tolani Otedola. Watch:…

Nigeria’s Winter Olympics Team Completes Competition, Sets Sights On Beijing 2022
Sports
24 views
Sports
24 views

Nigeria’s Winter Olympics Team Completes Competition, Sets Sights On Beijing 2022

PH - February 22, 2018

Following Seun Adigun and Ngozi Onwumere‘s completion of the bobsled event at the 2018 PyeongChang Winter Olympics, Nigeria’s participation at the event has come to an end. According to reports,…

Omoni Oboli Kicks off Filming for “Moms at War”
Entertainment
23 views
Entertainment
23 views

Omoni Oboli Kicks off Filming for “Moms at War”

PH - February 22, 2018

Nollywood actress and filmmaker Omoni Oboli is starting 2018 on a high note, as she has just revealed she has officially begun shooting for her latest project “Moms at…

Broke? Here’s An Opportunity Many Nigerians Have Overlooked
Best of Nigeria
33 views
Best of Nigeria
33 views

Broke? Here’s An Opportunity Many Nigerians Have Overlooked

MT - February 22, 2018

While some Nigerians are broke, truckloads of money flow annually into the account of other Nigerians.  According to a 2016 study conducted by the Nigerian Bureau of…

Transparency International 2017 Index Indicates Corruption Is Getting Worse In Nigeria
Politics
47 views
Politics
47 views

Transparency International 2017 Index Indicates Corruption Is Getting Worse In Nigeria

PH - February 22, 2018

Global anti-corruption watchdog, Transparency International (TI), has again ranked Nigeria low in its 2017 Corruption Perception Perception Index (CPI) released on Wednesday. The latest ranking has Nigeria in…

Ngozi Okonjo-Iweala Appointed Member of Commonwealth High Level Group
Best of Nigeria
42 views
Best of Nigeria
42 views

Ngozi Okonjo-Iweala Appointed Member of Commonwealth High Level Group

PH - February 22, 2018

Former Minister of Finance Ngozi Okonjo-Iweala has been selected as one of the members of a High Level Group on Governance of the Commonwealth Secretariat. The group whose creation…

In Photos: Nigerian Football Stars And Their Wives or Girlfriends
Best of Nigeria
43 views
Best of Nigeria
43 views

In Photos: Nigerian Football Stars And Their Wives or Girlfriends

MT - February 22, 2018

Football girlfriend babes are often as worthy of attention as their boyfriends, so we have prepared this exciting list of the Nigerian footballers and their girlfriends &…

PHOTOS: Meet The 10-Year-Old Talented Nigerian Twins Making Waves In The UK
Best of Nigeria
45 views
Best of Nigeria
45 views

PHOTOS: Meet The 10-Year-Old Talented Nigerian Twins Making Waves In The UK

MT - February 22, 2018

Thumbs up to the Nigerian boys who are making the country proud abroad. These 10-year old Nigerian talented twins, making waves in the United Kingdom. The twins;…

Nigerian Startup, Publiseer Amongst Finalists Of This Year Harvard Business School New Venture Competition
Best of Nigeria
58 views
Best of Nigeria
58 views

Nigerian Startup, Publiseer Amongst Finalists Of This Year Harvard Business School New Venture Competition

MT - February 22, 2018

Nigeria’s digital publisher, Publiseer, has been announced as one of the 14 finalists of the 2018 Harvard Business School’s New Venture Competition, taking place in Boston, MA,…

13 Things Every Candidate Should Know About The JAMB Mock Exam
Best of Nigeria
39 views
Best of Nigeria
39 views

13 Things Every Candidate Should Know About The JAMB Mock Exam

MT - February 22, 2018

The JAMB mock examination for 2018 has been scheduled to hold on 26th February, 2018 as indicated on your mock e-slip. Going by some questions we have…

This Is How Fabregas And Messi Greeted Each Other After Chelsea Vs Barcelona Game
Sports
68 views
Sports
68 views

This Is How Fabregas And Messi Greeted Each Other After Chelsea Vs Barcelona Game

MT - February 21, 2018

Last night was a high profile champions league game between Chelsea and Barcelona, a game that ended 1-1 at Stamford Bridge, London. The first half saw Barca…

Throwback Photo: Adamu Ciroma, Olusegun Obasanjo And Murtala Muhammed In The 70’s
Art, History and Culture
72 views
Art, History and Culture
72 views

Throwback Photo: Adamu Ciroma, Olusegun Obasanjo And Murtala Muhammed In The 70’s

MT - February 21, 2018

The photo below is that of Adamu ciroma staring on as Murtala intimates Obasanjo from a book in the 70's. What do you thing about Obasanjo's physique…

Nigeria’s Ngozi Okonjo-Iweala Appointed Into Commonwealth High-Level Group
Best of Nigeria
67 views
Best of Nigeria
67 views

Nigeria’s Ngozi Okonjo-Iweala Appointed Into Commonwealth High-Level Group

MT - February 21, 2018

Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, has been appointed into a High-Level Group on Governance of the Commonwealth Secretariat. Prof. Ben Maloney, Communications Officer, Commonwealth…

Movie Adaptation of Tafawa Balewa’s Book to be Screened at Berlin Film Festival
Art, History and Culture
66 views
Art, History and Culture
66 views

Movie Adaptation of Tafawa Balewa’s Book to be Screened at Berlin Film Festival

PH - February 21, 2018

A movie adaptation of ‘Shehu Umaru’, a book written by Tafawa Balewa, has been listed for screening at the 2018 Berlin International Film Festival in Germany. Tafawa…

5 Unusual Ways You Could Get STDs
Food and Health
67 views
Food and Health
67 views

5 Unusual Ways You Could Get STDs

PH - February 21, 2018

Sexually transmitted infections and diseases are common and can be passed on from person to person without se-x. From herpes to chlamydia and HIV, the severity of these…

Psychologists Say Selfie Addiction May Be A Sign Of Mental Illness
Food and Health
60 views
Food and Health
60 views

Psychologists Say Selfie Addiction May Be A Sign Of Mental Illness

PH - February 21, 2018

Taking selfies and uploading on social media is very popular and there doesn’t seem to be an issue with it. However, before you take that next selfie…

Loading...