The Federal High Court in Lagos yesterday heard that a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd), charged with laundering N21billion, has returned N2.6billion to the Federal Government.
His lawyer Chief Bolaji Ayorinde (SAN), while arguing Amosu’s bail application after he was arraigned before Justice Mohammed Idris, said his client had returned “colossal sums”.
The Nation learnt that Amosu has returned N2.6billion to the Federal Government.
The Economic and Financial Crimes Commission (EFCC) arraigned him along with a former Chief of Accounts and Budgeting at the Nigeria Air Force, Air Vice Marshal Jacob Adigun, and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo.
Companies arraigned with them 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.
EFCC accused them of converting N21billion from the Nigeria Air Force 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).
Arguing the bail application, Ayorinde said his client, who pleaded not guilty, had always been cooperative with the prosecution since his arrest in January and would not jump bail.
“He has remitted colossal sums of money to the Federal Government, although not in admittance of guilt, but out of cooperation with security agencies.
“My application is that bail be granted to the first defendant on self-recognisance. Let those terms be liberal. He has been reporting to the EFCC, sometimes twice a week. The first defendant will make himself available for trial,” the Senior Advocate said.
Adigun’s lawyer, Mr Norrison Quakers (SAN), also urged the court to grant his client bail on liberal terms.
Justice Idris adjourned till July 8 for trial.