In the continuity of the determined pursuit to sweep out corruption and fraudulent activity from the historical legacy of Nigeria, the Economic and Financial Crimes Commission (EFCC) traced another N4.4bn to the account of Air Chief Marshal Alex Badeh.
The EFCC charge demanded for the immediate transfer of Air Chief Marshal Badeh (retd) and the former Director of Finance and Accounts for the Nigerian Police Force, Air Cdre S.A Yushau, from Abuja to Lagos.
A Memorandum of Understanding (MoU) was signed between Nigerian Maritime Administration and Safety Agency, (NIMASA) and the Nigerian Police Force (NAF), August 26, 2013 in order to ensure adequate security in the Nigerian maritime sector. The memorandum was to involve the Air Force’s surveillance of the coastal region and a report to NIMASA to checkmate crimes like oil bunkering and piracy.
With the aid of the MoU, billions of naira was transferred from the account of NIMASA to Badeh’s Air Force account. Investigation now proves that the money was diverted to private accounts and unsurprisingly, the MoU was not accomplished.
The money was transferred to the accounts of companies owned by the wives senior Air Force officials. The first transfer amount was N1.4billion while the second was N3billion. Reports by EFCC detectives stated that Yushau and Patrick Akpobolekemi of NIMASA were also involved in the scandal as NIMASA officials usually receive their share of “funds” behind the scenes.