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

Hamilton Nwosa
Writer

Ad

[FULL LIST] University of Ibadan Reclaims Crown as Nigeria’s Best Institution for 2026

By Abiola Olawale The University of Ibadan (UI) has surged back to the pinnacle of Nigerian higher education, clinching the title of the nation's top university in the Times Higher Education (THE) World University Rankings 2026. The development marks a return for UI, which dropped to fourth place in the previous year's assessment but now…

Experts React as FG, World Bank Clash Over Nigeria’s Poverty Figures

By Obinna Uballa A new poverty report by the World Bank has sparked a wave of controversy in Nigeria, with the Federal Government dismissing it as “unrealistic” and experts insisting that the figures, however grim, reflect the lived experiences of millions of citizens. The World Bank’s Nigeria Development Update released this week estimates that 139…

Israel, Hamas Greenlight First Phase of Trump’s Peace Plan

By Abiola Olawale Israel and Hamas have inked their approval on the inaugural phase of the United States President Donald Trump's Gaza peace initiative. The agreement, announced on Wednesday amid high-stakes indirect talks in Egypt, paves the way for an immediate ceasefire, the release of hostages, and a surge in humanitarian aid. This development is…

Ad

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. 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp