Monday, 27 June 2016

EFCC Seizes 29 Properties From Three Ex-Air Force Chiefs

The Economic and Financial Crimes Commission, EFCC, has seized 29 properties from the immediate past Chief of Air Staff, Air Marshal Adesola Amosu; a former Chief of Accounts and Budgeting in NAF, Air Vice Marshal Jacob Adigun (retd.); and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo (retd.).

It was gathered that 11 properties were seized from Amosu, 12 seized from Adigun and six from Gbadebo.

According to Punch, the siezed properties included three plazas, six mansions, a quarry, a hospital, a block of flats, animal farms, a school, two hotels, some uncompleted buildings and some parcels of land. The report said those properties were acquired mostly in 2014.


The properties seized from Adigun were said to be worth N9.6bn. Some of the properties include a shopping plaza known as Capadar Plaza on Adetokunbo Ademola Crescent, Wuse 2, which is worth N980m; a residential mansion on Lake Chad Street, Maitama, Abuja, worth N450m; an executive mansion in Imo River Close, Off Dandube Crescent, Maitama, worth N710m and a four-unit terrace on Agadez Street, Off Aminu Kano Crescent, Wuse 2, worth N720m.

Other properties, said to belong to Adigun, include a 35-room uncompleted hotel on Salt Lake Street, Maitama, Abuja; a parcel of land located on Bourdillon Street, Ikoyi, Lagos; a block of 12 service flats, located on Agodogba Street, Park View Estate, Ikoyi, said to be worth N1.8bn and a quarry in Bwari area of Abuja worth about $694,000.

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