Ex-director of Finance and Budget of the Nigerian Air Force, Air Commodore O. O. Gbadebo has returned the sum of N84m to the Economic and Financial Crimes Commission (EFCC).
Mr. Gbadebo has been linked to the $2.1billion arms deal scam currently being investigated along side former chief of air staff and other senior officers.
According to The Punch, a reliable source within the commission disclosed this on February 14, saying that the money, which was earlier diverted from the account of the Air Force, was part of the money budgeted for the procurement of weapons.
The source also said that the anti-graft agency after confiscating some properties belonging to the former NAF finance director, continued its investigation.
According to the source,
“After we sealed some properties last week, we continued to grill the three officers. Gbadebo finally confessed to diverting N84m into his company account. The money was swiftly recovered. We have also seized a large fish processing company belonging to Adigun. He also manufactures fish feeds, which he sells to end users.”
He denied reports that the $1 million was recovered from the residence of Amosu in Badagry, Lagos, stating it was about $117,000 that was recovered during the search.
“The actual amount recovered was about $117,000 and it was kept in a safe in the house and not in a soak away. The money is currently in our exhibit room. We also recovered N200, 000 in cash from the house.”
The commission had last week confiscated houses belonging to Gbadebo; the immediate past Chief of Air Staff, Air Marshal Adesola Amosu (retd.); and the Chief of Accounts and Budgeting of the Nigerian Air Force, Air Vice Marshal J.B. Adigun, all totaling about N5 billion.
The former air chief and 10 senior officers are being probed by the EFCC as part of investigations into the $2.1bn arms scam, especially in relation to the 10 contracts of the NAF, said to be worth $930,500,690.00.