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$2.1 billion Armsgate .. Ex Air Chief returns three hundred and thirty thousand dollars (N66) million to Economic and Financial Crimes Commission

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><div style&equals;"left&colon;-99999px&semi;position&colon;absolute&semi;">&NewLine;<p>a Principal Staff Officer at NAF Headquarters&comma;<&sol;p>&NewLine;<p>Read more at&colon; http&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;2016&sol;02&sol;2-1bn-arms-deal-ex-airforce-chief-returns-n66-million&sol;<&sol;p>&NewLine;<div style&equals;"left&colon;-99999px&semi;position&colon;absolute&semi;">&NewLine;<p>a Principal Staff Officer at NAF Headquarters&comma;<&sol;p>&NewLine;<p>Read more at&colon; http&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;2016&sol;02&sol;2-1bn-arms-deal-ex-airforce-chief-returns-n66-million&sol;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<h5><b><span style&equals;"font-size&colon;x-small&semi;"><i>Photo&colon; <span class&equals;"&lowbar;r3"><span class&equals;"irc&lowbar;ho" dir&equals;"ltr">theheraldng<&sol;span><&sol;span><&sol;i><&sol;span><br &sol;>&NewLine;AVM Amosu&period; Wife was detained and quizzed by EFCC over property held in trust for husband and having money traceable to the &dollar;2&period;1BN &&num;8216&semi;Armsgate&&num;8217&semi; in her account<&sol;b><&sol;h5>&NewLine;<h1><span style&equals;"color&colon;&num;3b0505&semi;"> Ex Principal NAF Staff Officer refunds  N66 million to EFCC&&num;8230&semi; asked to return and complete outstanding balance of four hundred and fifty thousand dollars&comma; &lpar;N90 Million&rpar;<br &sol;>&NewLine;<&sol;span><span style&equals;"color&colon;&num;3b0505&semi;">Lara Amosu&comma; wife of former Chief of the Air Staff &comma; AM Amosu&comma;  questioned and granted administrative bail<&sol;span><&sol;h1>&NewLine;<h5><&sol;h5>&NewLine;<p>A former chief of the Nigerian Air Force &lpar;NAF&rpar;  has returned N66 million to the Economic and Financial Crimes Commission &lpar;EFCC&rpar;&period;  The Air Marshal had been placed under house arrest&comma; following suspicions of Implication in the &dollar;2&period;1 billion arms deal scandal&period; 90 million naira had been traced to him&comma;<&sol;p>&NewLine;<p>The AM who is facing a charge of misappropriating 90 million naira was released following his refunding the sum of N66 million to EFCC&period; He was subsequently&comma; released from detention on a mandate to go and source  the balance due&period; According to an an agency source&comma; it does not mean he is completely exonerated&comma; simply granted conditional release as part of a plea bargain&period;<&sol;p>&NewLine;<p>Other officers being detained for similar charges who failed to take advantage of the terms the plea agreement on offer&comma; remain in detention&period; Some however&comma; have turned in property such as expensive automobiles and and other personal valuables&period;<&sol;p>&NewLine;<p>An expansion of the scope of the investigation had led to further arrests  and detention including an Air Commodore&comma; said to have benefited from the arms deal and owns property in Dubai&comma; Kaduna and Abuja<br &sol;>&NewLine;Furthermore&comma; an Air Vice Marshal said to be the leader of the team that went to buy aircraft with incomplete parts and also inflated the price from &dollar;6million to over &dollar;30million has been arrested&period; A fallout of the current investigation is the removal of some officers including Air Officers Commanding and Principal Staff officers implicated in the arms deal last week Thursday&period;<br &sol;>&NewLine;The EFCC had earlier uncovererd N17&period;5 billion in the accounts of wives of three airforce chiefs&comma; among them Mrs&period; Lara Amosu&comma; wife of former Chief of the Air Staff &comma; AM Amosu&period; She was questioned and granted administrative bail and asked to report back as needed in the course of the investigations&period;<&sol;p>&NewLine;<h5><em><strong>Lets us know what you think of this article&period; Like&quest; Dislike&quest; Funny&quest; Interesting&quest; Cool&quest;  Drop us a line in the comment box or join us on facebook and twitter to help us give you a better reading experience<&sol;strong><&sol;em><&sol;h5>&NewLine;

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