		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="109460728"
		 data-section="1">
		</amp-ad>
				</div>
			</div>
		</div><h5><span style="color:#134f5c;"><span style="font-size:large;"><b>Former Chief of Defence Staff, Nigeria Air Chief Marshal Alex Badeh (retd.)</b></span></span></h5>
<h2><span style="color:#591010;"><span style="font-size:large;"> </span><strong><span style="font-size:small;"><span style="font-size:large;">“We brought Badeh and Yushau to Lagos to answer to fresh allegations. The MoU that was signed by Badeh was for NAF aircraft to patrol the creeks to prevent pipeline vandalism and illegal oil bunkering.</span></span></strong></span></h2>
<h1><span style="color:#591010;"><strong>“As part of the agreement, money was transferred to the Air Force in two tranches – N1.4bn and N3bn – but the money was mostly in dollars. But the money was not used for that purpose.</strong></span></h1>
<h2><span style="color:#591010;"><strong><span style="font-size:x-large;"><i>“Rather, the MoU was a conduit pipe to siphon money from NIMASA to Air Force account and then to companies in which they had interests or their wives were directors or signatories.”</i></span></strong></span></h2>
<p>&#8211; EFCC source<!--more--></p>
<div style="text-align:justify;"> The Economic and Financial Crimes Commission, EFCC, in Nigeria has launched a fresh investigation into the alleged diversion of N4.4bn, over $22m, from the Nigerian Maritime Administration and Safety Agency, NIMASA, into the accounts of top officers of the Nigerian Air Force.<br />
As part of the investigation, the crimes commission has transfered 2 retired Air Force brass, former Chief of Defense Staff, Air Chief Marshal Alex Badeh (retd.), and Director, Finance and Accounting, Air Commodore S.A. Yushau, from it&#8217;s headquarters in the capital Abuja to Lagos.<br />
The EFCC reports that in August, 2013, the Air Force engaged the services of the Nigerian maritime sector. NIMASA. A Memorandum of Understanding, Mou was signed engaging the services of NIMASA to provide effective air surveillance and monitoring of the nation’s coastal waters. As part of the MoU, the Air Force was supposed to carry out aerial surveillance, reconnaissance, search and rescue, tactical airlift, enforcement and provide intelligence reports to NIMASA, which would aid in the fight against piracy, illegal bunkering and pipeline vandalism.<br />
Badeh, who was the Chief of Air Staff at the time, signed on behalf of the NAF, while Mr. Patrick Akpobolokemi, who was the Director-General of NIMASA, signed on behalf of the maritime agency. In furtherance of the MoU, billions of naira was said to have been transferred from the bank account of NIMASA to the Air Force. EFCC has, however, alleged that its investigations revealed that the money was diverted to private accounts.</div>
<div style="text-align:justify;"></div>
<div style="text-align:justify;">
<h4 style="text-align:justify;"><img class="alignnone wp-image-18688" src="https://konniemoments.com/wp-content/uploads/2016/02/patrick-akpobolokemi.jpg" alt="patrick-akpobolokemi" width="656" height="406" /><b><br />
Patrick Akpobolokemi: Former Director-General NIMASA</b></h4>
<p>A source said, “We brought Badeh and Yushau to Lagos to answer to fresh allegations. The MoU that was signed by Badeh was for NAF aircraft to patrol the creeks to prevent pipeline vandalism and illegal oil bunkering</p></div>
<div style="text-align:justify;">“As part of the agreement, money was transferred to the Air Force in two tranches – N1.4bn and N3bn – but the money was mostly in dollars. But the money was not used for that purpose.</div>
<div style="text-align:justify;">“Rather, the MoU was a conduit pipe to siphon money from NIMASA to Air Force account and then to companies in which they had interests or their wives were directors or signatories.”<br />
Giving further insight into how the fraud was perpetrated, the detective alleged that the NAF top chiefs set up some small oil companies under the pretext that the companies were supplying aviation fuel to military aircraft.</div>
<div style="text-align:justify;">Money was then paid into the bank accounts of these companies but the fuel was never delivered.</div>
<div style="text-align:justify;">The source added,<span style="color:#674ea7;"><span style="font-size:large;"><i><br />
“The money that was transferred from NIMASA to the Air Force was for maintenance of the equipment and the fuelling of the aircraft but the money, which was mostly in dollars, went straight into the accounts of Bureau de Change operators.</i></span></span></div>
<div style="text-align:justify;"><span style="color:#674ea7;"><span style="font-size:large;"><i>“The money was changed from dollars and then returned to the Air Force men.&#8221; “They then set up dummy oil companies, which made it look as if the companies were rendering services. They made it appear as if the companies were supplying aviation fuel to the NAF, which is not true. </i></span></span></div>
<div style="text-align:justify;"><span style="font-size:large;"><span style="color:#674ea7;"><i>“Investigations revealed that the companies were opened in readiness for money to be paid into their accounts. We discovered that in these companies, these officers have interest in it or their wives are directors or signatories to the accounts.” </i></span><span style="font-size:small;"> </span></span></div>
<div style="text-align:justify;"><span style="font-size:large;"><span style="font-size:small;">&#8216;That is</span></span> probably why piracy in Nigeria continued to increase despite the MoU.&#8217;</div>
<p>Akpobolokemi is currently facing a series of cases with the EFCC, all involving the theft of monies. They include a 13 count charge on an alleged N754.7m theft. He has also been arraigned alongside nine ot hers on 30 counts of another alleged N3.4bn fraud in Federal Courts. In seperate incidents, he has been arraigned along with five others on 22 counts of an alleged N2.6bn fraud before the courts, as well. Inside sources claim he has another pending case with40 counts of alleged N34bn fraud leveled against him.<br />
The source said Akpobolokemi and some others in NIMASA could not claim to be ignorant of the deal involving the Air Force officers. He added, “We believe that the Air Force was giving kickbacks to individuals in NIMASA people. Anytime money was transferred, they usually went back to the Air Force to collect their own share. Investigations are ongoing and we will unravel the transactions.”<br />
Apart from Badeh and Yushau, some others, who are being investigated by the EFCC are the immediate past Chief of Air Staff, <a href="http://konnie-moments.blogspot.com/2016/02/21-billion-armsgate-ex-air-chief-eturns.html" target="_blank">Air Marshal Adesola Amosu (retd.);</a> the Chief of Accounts and Budgeting of the NAF, Air Vice <a href="http://konnie-moments.blogspot.com/2016/02/dasukigate-21bn-scandal-air-vice.html" target="_blank">Marshal J.B. Adigun;</a> and Air Commodore O. O. Gbadebo, who was the Director of Finance and Budget at NAF and also Yushau’s successor.</p>
<h5 style="text-align:justify;"> <em><strong>Lets us know what you think of this article. Like? Dislike? Funny? Interesting? Cool? Drop us a line in the comment box or join us on facebook and twitter to help us give you a better reading experience</strong></em></h5>
<h5></h5>
<div style="text-align:justify;"><span style="font-size:x-small;"> </span></div>

EFCC links former Defense Chief Badeh to N4.4bn ($22m) NIMASA fraud
