Business
SHOCKING!!! How EFCC discovered $1million in Amosu’s Soakaway + How His wife, Lara, kept N3bn for him in her Bank accounts
The Economic and Financial Crimes Commission (EFCC) has arrested, Lara, the wife of the immediate past Chief of Air Staff (CAS), Air Marshal Adesola Amosu (rtd), over the arms procurement scandal.
Impeccable sources said that Mrs. Lara Amosu was picked up by the EFCC operatives last week in Abuja.
She has been in the custody of the EFCC in Lagos for the past one week.
It was learnt that her lawyer has been battling without success to get her released.
Mrs. Amosu’s arrest followed the alleged discovery of about N3 billion in her bank accounts. She was allegedly holding the money in trust for her husband.
A source said that other properties traced to the former CAS were also being held by his wife and children.
It was reported that the EFCC discovered N17.5 billion in the accounts of wives of three airforce chiefs. The monies were scattered in various banks accounts.
A source familiar with the investigation said that N13 billion was traced to the bank accounts of a wife of a retired Air Vice Marshal, who held strategic position in the Nigeria Air Force (NAF).
In the bank accounts of another wife of a serving senior officer, N1.5 billion was found.
It was learnt that the officers handled the finance, budget and accounts of NAF.
Amosu was arrested two weeks ago by the EFCC over his involvement in the arms scandal.
“Shortly after Amosu was picked up in Abuja, his wife, Lara, was subsequently arrested. Investigations conducted showed that some of the monies the former Chief of Air Staff made through some contracts and procurements in NAF were traced to his wife’s accounts.
“About N3 billion was traced to the wife’s accounts while some assets acquired by the former service chief was in her name and some others in her company’s name.
“So, Lara is an accessory to a crime. The proceeds with her are from the arms funds. As we prosecute her husband, she must also be held accountable,” the source said.
It was further learnt that the wife of Air Vice Marshal J.B. Adigun, Chief of Account and Budget of NAF, has travelled out of the country two weeks ago, shortly after the arrest of her husband. The hurried trip was said to have become necessary in the face of the arms probe.
Adigun has been indicted by the presidential arms panel. He is in the EFCC custody. Several of his properties in Lagos and Abuja have been seized by the antigraft agency. Billions of naira was said to have been traced to Adigun’s wife’s accounts.
It was also learnt that the EFCC retrieved $1 million cash in Amosu’s residence in his residence in Badagary, Lagos.
A source said that the money, in foreign currency, was retrieved when EFCC operatives carried out a search on Amosu’s residence in Badagry.
According to the source: “In continuation of the investigation into the arms probe, the EFCC operatives took Amosu to his residence in Badagry. After a thorough search of the residence, a fresh small ‘soakaway’ pit was discovered in the compound. The operatives suspected foul play, which informed the breaking of the ‘soakaway’. Surprisingly, $1 million was found in it. The money was subsequently confiscated.”
It was also learnt that Air Commodore Akinwale (rtd) who manages the St. Solomon Health Care Limited, an ultra-modern diagnostic centre owned by Amosu, along Adeniyi Jones Avenue in Ikeja, Lagos is still in the custody of the EFCC.
The retired airforce officer oversees the medical centre on behalf of Amosu. The diagnostic centre has been sealed off by the anti-graft agency.
Meanwhile, the EFCC is still keeping Amosu, Adigun, and Air Commodore O. Gbadebo in Lagos. A source said that the anti-graft agency has been taking the indicted officers to assets traced to them, considered to have been acquired through funds illegally realised from the arms procurement. Some of the identified properties have been sealed off.
Amosu, Adigun and Gbadebo were arrested two weeks ago in Abuja. Impeccable sources said that the trio were flown into Lagos in an airforce aircraft on a Sunday and discreetly kept in a hotel.
The arrest and interrogation of Amosu is coming after it was reported in the November 30, 2015 edition, that the Federal Government had directed the EFCC to prosecute the ex-CAS.
Amosu, Adigun, Gbadebo and other indicted officers are being investigated over 10 NAF contracts totalling $930,500,690 awarded to Societe D’ Equipments Internationaux (SEI) Nig Ltd. between January 2014 and February 2015.
The award letters, according to the arms probe panel, contained misleading delivery dates, suggesting fraudulent intent in the award process.
Operatives are also grilling the ex-chief of army staff and the two senior officers over the procurement of two used Mi-24V Helicopters instead of the recommended Mi-35M series at the cost of $136,944,000.
The helicopters were discovered to be excessively priced and not operationally airworthy at the time of delivery.
The arms probe panel established that a brand new unit of Mi-24V Helicopter goes for about $30 million. The helicopters were delivered without rotor blades and upgrade accessories.
The three of them are also being grilled over the procurement of four used Alpha-Jets for the NAF at the cost of $7,180,000.
Whereas NAF paid for four used Alpha-Jets, the panel confirmed that only two of the Alpha-Jet aircraft were ferried to Nigeria after cannibalisation of engines from the NAF fleet.
They are also being investigated in the procurement of 36D6 Low Level Air Defence Radar for NAF, which was awarded to GAT Techno Dynamics Ltd in April 2014 at the cost of $33 million under his watch.
The arms panel averred that the radars were excessively priced as a complete set of such radars goes for $6 million.
Acting on the recommendations made by the 13-man presidential committee auditing arms procurement between 2007 and 2015, President Muhammadu Buhari, had ordered the EFCC to conduct further investigation on the indictment of Amosu, former Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh (rtd); Air Marshal M.D. Umar (Rtd), Maj- Gen. ER Chioba (Rtd), AVM I.A. Balogun (Rtd), AVM A.G. Tsakr (Rtd), AVM A.G. Idowu (Rtd), AVM AM Mamu, AVM O.T Oguntoyinbo, and AVM T Omenyi. Others were: AVM J.B. Adigun, AVM R.A. Ojuawo, AVM JA Kayode-Beckley, Air Cdre S.A. Yushau (Rtd), Air Cdre A.O. Ogunjobi, Air Cdre G.M.D. Gwani, Air Cdre SO Makinde, Air Cdre A.Y. Lassa, Col. N. Ashinze and Lt Col. M.S. Dasuki (Rtd). Badeh had been in the custody of EFCC since Monday. Over N29 billion and $2 billion had been expended on the Nigerian Air Force (NAF) procurement activities alone between 2007 and 2015.
Integrated System and Devices Limited Achieves IMS Certification
Integrated System and Devices Limited (ISDL), a major provider of electronic security solutions, is delighted to announce the successful attainment of ISO 14001:2015 and ISO 45001:2018 certifications following a rigorous audit process conducted by Bureau Veritas Certification Holdings SAS-UK Branch.
In 2021, ISDL bagged the Quality management systems ISO 9001:2015, and now in 2024, with unwavering dedication to customer satisfaction, the occupational Health and Safety system ISO 45001:2018 and the Environmental management system ISO 14001:2015 have been consolidated to form an Integrated Management System.
These certifications, covering ISDL’s headquarters and branches, signify the company’s unwavering commitment to upholding the highest standards of quality management across all facets of its operations. According to Engr. Oluseun Mabogunje, the Managing Director of ISDL, the scope of the certifications encompasses the design, procurement, supply, installation, integration, maintenance, and after-sales support of various electronic security and Extra Low Voltage (ELV) equipment.
Engr. Mabogunje expressed his elation at receiving the IMS certifications, emphasizing ISDL’s dedication to delivering exceptional quality and service to its clientele. He emphasized that this achievement underscores the company’s ongoing pursuit of continuous improvement and customer satisfaction.
ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 are internationally recognized standards for Quality, Occupational Health & Safety and Environmental management systems, emphasizing a process-based approach to meeting customer requirements and enhancing satisfaction, protecting the environment and also providing safe and healthy working conditions to prevent work-related injuries and illnesses among our employees, contractors and visitors. ISDL’s certification demonstrates its ability to consistently provide products and services that not only meet regulatory requirements but also exceed customer expectations.
Engr. Mabogunje extended profound gratitude to the workforce for their contribution to this achievement, attributing it to their team spirit and unwavering dedication to hard work, resilience and excellence. He urged the staff to continue offering top-notch services to their clients.
About Integrated System and Devices Limited (ISDL):
Integrated System & Devices Limited (ISDL), incorporated in 1988, is a leading provider of Electronic Low Voltage(ELV) and Security systems, that provides a total turnkey service for the design, supply, installation and continued effectiveness of security systems for medium and high-risk locations. ISDL has over 30 years’ history in the delivery of professional electronic security services in integration, maintenance and after sales support of various electronic security and related equipment. ISDL has her head Office in Lagos, and two branch offices in Abuja and Port Harcourt, Nigeria.
For more information about ISDL, please visit www.isdlnig.com
- Newly appointed Bishop in Ethiopia said our indigenous social values are able to heal our social and spiritual fractures (By Habtamu Abrdew Beture) May 7, 2024
- Food insecurity at an all-time high in West and Central Africa: Millions of people face hunger if no immediate action is taken, warns International Rescue Committee (IRC) May 7, 2024
- High hopes for Mauritian obesity roadmap May 7, 2024
- Health Resources and Services Availability Monitoring System (HeRAMS) workshop strengthens healthcare decision-making and resilience in Afar Ethiopia May 7, 2024
- Rapid response brings relief to flood-affected communities in Kenya May 7, 2024
- Poor execution costly for Junior Boks against Australia May 7, 2024
- Kenya: Government Secures a Lucrative Market Abroad for Kenyan Tea May 7, 2024
- Lionesses change three for South Africa duel May 7, 2024
- Transforming Emissions into Power: CLG advises on Sapele Power PLC and Africa + Rain Cage Ltd’s Deal for Pioneering Renewable Energy Solutions in Africa May 7, 2024
- South Africa: President Condemns Undermining of the National Flag for Party Political Gain May 7, 2024
- Newly appointed Bishop in Ethiopia said our indigenous social values are able to heal our social and spiritual fractures (By Habtamu Abrdew Beture) May 7, 2024
- Food insecurity at an all-time high in West and Central Africa: Millions of people face hunger if no immediate action is taken, warns International Rescue Committee (IRC) May 7, 2024
- High hopes for Mauritian obesity roadmap May 7, 2024
- Health Resources and Services Availability Monitoring System (HeRAMS) workshop strengthens healthcare decision-making and resilience in Afar Ethiopia May 7, 2024
- Rapid response brings relief to flood-affected communities in Kenya May 7, 2024
- Poor execution costly for Junior Boks against Australia May 7, 2024
- Kenya: Government Secures a Lucrative Market Abroad for Kenyan Tea May 7, 2024
-
celebrity radar - gossips5 months agoTripple Celebration, As AAS CEO, Jesam Micheal Emerges Fintech Expert of The Year, Launches Lounge
-
celebrity radar - gossips4 months agoJesam Micheal the philanthropist, Clears the Hospital Bills of UGEP Patients, Put Smiles On Faces Of Orphanages, Police (video)
-
Business3 months agoFintech Guru, Jesam Micheal Opens Biggest Apple Store In Africa, Reveals Why
-
Business4 months agoFintech Guru, Jesam Micheal Opens Biggest Apple Store In Lagos On Saturday (Video)
You must be logged in to post a comment Login