• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

      Global Winner Nafisa Visits Professor Isa Pantami

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      The Minister of Education, Dr. Tunji Alausa

      FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

    • Government
      • Bauchi Muslim Parliament

        Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

        Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

        Global Winner Nafisa Visits Professor Isa Pantami

        Charlie Kirk

        Who Really Killed Charlie Kirk? By Femi Fani-Kayode

        Governor Kabir Abba Yusuf and the conjoined twins

        Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

        Governor Abba Kabir Yusuf, Kano State

        Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

  • Security
    • airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

  • Features
    • Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

      Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      Traffic officials tolling the vehicle at the scene in Abuja

      SPECIAL REPORT: Extortion, Blood and Impunity Behind Abuja’s Agbero Menace

  • State
    • Bauchi Muslim Parliament

      Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

      airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

  • Event
    • Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption N1.4bn Arms Deal:Banker Insists on Acting Under Badeh’s Instruction
  • Anti-Corruption

N1.4bn Arms Deal:Banker Insists on Acting Under Badeh’s Instruction

By
Wilson Uwujaren
-
November 3, 2016
Alex Badeh
Air Marshal Alex Badeh
former-Chief-of-Defence-Staff-Air-Chief-Marshal-Alex-BadehThe trial of a former Chief of Defence Staff, Air Chief Marshal Alex Badeh and Iyalikam Nigeria Limited, continued on Thursday, November 3, 2016 before Justice Okon Abang of the Federal High Court sitting in Maitama, Abuja with the Economic and Financial Crimes Commission, EFCC, presenting its eight witness, Eso Faleke, for cross-examination.
Faleke, a banker with Guaranty Trust Bank and account officer to Badeh’s company account (Iyalikam Nigeria Limited) had in her evidence on November 2, narrated how Badeh became a co-signatory to the company’s account in January 2015 and how he gave instructions to carry out several transactions running into millions of naira.
The witness, who was cross-examined by Akin Olujimi and Samuel O. Zibiri, SAN, representing Badeh and Iyalikam Nigeria Limited respectively, insisted that she received several instructions from Badeh through telephone and in writing, to transfer funds to several accounts especially Naira and Dollar accounts.
The witness while commenting on exhibit E25 and E30 explained that though exhibit E30 carried a lone signature, it contained telephone instructions because the telephone number was on the mandate card of the authorized signatory.
According to her, the mandate card was not for instruction as to how to receive telephone calls.
Faleke insisted that she acted according to the standard procedure of the bank with respect to documentary transaction.
Speaking on exhibits E3 to E7 (the statements of account), Faleke told the court that payments can be made via deposit slip adding that the payments therein were made in cash via deposit slip, but that she did not come to court with them having not been requested to do so.
Justice Okon Abang, thereafter, adjourned to November 14, 2016 for continuation of trial.
Badeh is being prosecuted by the EFCC alongside his company, Iyalikam Nigeria Limited, for allegedly abusing his office by using the dollar equivalent of the sum of N1.4billion (One Billion, Four Hundred Million Naira) removed from the accounts of the Nigerian Air Force, NAF, to purchase properties in choice areas of Abuja between January and December, 2013.
The offence contravenes Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
Wilson Uwujaren
Head, Media & Publicity
3rd November, 2016

—

PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Alex Badeh
  • efcc
  • Federal High Court
Previous articleEFCC Arrests Man for Land Racketeering
Next articleSenate Pledges Supports for Biosafety Agency
Wilson Uwujaren
Wilson Uwujaren
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

FG Reaffirms Non-Interference in ICPC, EFCC Operations

ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

Engr Abba Babagana Dalori

Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts
  • Global Winner Nafisa Visits Professor Isa Pantami
  • NAF Airstrikes Destroy Bandit Hideout in Chikun
  • Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi
  • Police Arrest 56 Suspects in Coordinated Raids Across FCT
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Bauchi Muslim Parliament Backs Senator Buba's Peace EffortsGlobal Winner Nafisa Visits Professor Isa PantamiNAF Airstrikes Destroy Bandit Hideout in ChikunNigerian Troops Eliminate Notorious Bandit Deputy Commander in KogiPolice Arrest 56 Suspects in Coordinated Raids Across FCTWho Really Killed Charlie Kirk? By Femi Fani-KayodeMilitary Strengthens Counter-Insurgency Drive as PCRC, NSCDC Seek Support in BornoNAHCON staff commend Chairman Over New Postings, PromotionsMilitary Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, ZamfaraUNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of CommunicationKano Separated Conjoined Twins Return Home After Successful Surgery in S/ArabiaCourt Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other TerroristsKano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children CrisisPolice Chief Tasks Border Patrol Commanders on Enhanced SecurityAir Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness
X whatsapp