EFCC recovers looted N381m from Air Force chief's wife.

The Economic and Financial Crimes Commission, EFCC has disclosed the recovery of N381m from Mrs. Omolara Amosu, the wife of the immediate past Chief of Air Staff, Air Marshal Adesola Amosu.

Sources close to the anti-graft agency said on Saturday that the looted fund was recovered in three installments: N180m, N101m and N100m.

The anti graft agency had only two weeks ago, seized houses in Ikoyi and Victoria Island, Lagos valued at over two billion naira and allegedly belonging to Adigun.

An EFCC detective told PUNCH correspondent that the money was traced from the account of the Nigeria Air Force to the bank accounts of a company in which Amosu’s wife is a director and signatory.

“We recovered N381m from Amosu’s wife, Omolara. Initially, we recovered N180m from her account before another N101m and then N100m. These were monies transferred from Air Force accounts.

“They (Air Force officers) sent the money to an account where their wives have interests or are signatories without doing anything,” said the source.

PUNCH reports another EFCC source as disclosing that properties were seized from the immediate past Chief of Accounts and Budgeting of the Nigeria Air Force, NAF, Air Vice Marshal J.B. Adigun.

Among Adigun's seized properties he said, is a quarry in Ogun State with equipment valued at $600,000.

Amosu, Adigun and about nine other air force personnel are under investigation for fraud related to equipment procurement.

Among the fraudulent activities is the procurement of two used Mi-24V Helicopters instead of the recommended Mi-35M series at a cost of $136.9m.

The helicopters which were alleged to be not airworthy at the time of purchase were delivered without propellers.

A brand new unit of the helicopters is said to cost about $30m.

Information emanating from the EFCC indicates that the indicted Air Force officers will be charged to court very soon.

“Amosu will be charged to court anytime from now. Recall that we obtained a holding charge from a court to hold him for a maximum of 30 days. We are rounding off our investigations and anytime from now, he will be charged to court,” said an operative of the agency.

Source: The Punch