N21bn Fraud: How Amosu Built Hospital With Stolen NAF Funds – Witness

By: Hamilton Nwosa

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October 3, 2017

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A prosecution witness, Tosin Owobo, an investigator with the EFCC, on Tuesday, October 3, 2017, told Justice M.B. Idris of the Federal High Court sitting in Lagos how a former Chief of Air Staff, Air Marshal Adesola Amosu (Retd.), allegedly built a diagnostic centre with funds looted from the Nigerian Air Force (NAF) accounts.

Amosu is standing trial alongside two serving senior Air Force Officers: Air Marshal Jacob Bola Adigun, a former Chief of Accounts and Budgeting and Air Commodore Gbadebo Owodunni Olugbenga, a former Director of Finance and Budget.

Also charged along with the accused are seven companies namely Delfina Oil and Gas Limited; McAllan Oil And Gas Limited; Hebron Housing and Properties Company Limited; Trapezites BDC; Fonds and Pricey Limited; Deegee Oil and Gas Limited; Timsegg Investment Limited and Solomon Health Care Limited.

The defendants are standing trial on a 23-count charge of conspiracy, stealing, money laundering, concealing of proceeds of crime and conversion of funds belonging to the Nigerian Air Force to their personal use. Case adjourned tio Thursday, October 5, 2017.

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Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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