The late former Chief of Defence Staff, Alex Badeh, has lost six properties and $1million recovered from No.6 Ogun River Street, off Danube Street, Maitama, Abuja, to the federal government.
The items were recovered through a plea bargain agreement entered into with the Economic and Financial Crimes Commission, (EFCC).
This followed a judgment delivered by Justice Okon Abang at the Federal High Court, Abuja on Monday, in a further amended charge filed by the EFCC, where Badeh’s company was made the defendant following his death.
The judge held that in view of the plea bargain, the defendant was guilty as charged.
“I have before me a plea bargain agreement duly executed by Iyalikam Nigeria Limited and the EFCC.
“I hereby find the defendant guilty and accordingly convict the defendant of the 10-counts further amended charge.
“Having regards to the plea bargain agreement duly executed by the parties, Iyalikam Nigeria Limited is hereby wound up and the judgment shall be served on the Corporate Affairs Commission for execution,” the judge said.
Justice Abang also ordered forfeiture of a mansion situated at No.6 Ogun River Street, off Danube Street, Maitama Abuja, shopping mall situated at Plot 1386, Oda Crescent, Cadastral Zone, Wuse II Abuja and duplex located at No.19, Kumasi Crescent, Wuse II Abuja.
Others are a duplex at No. 14 Adzope Crescent, off Kumasi Cresent, Wuse II, Abuja, Semi-detached duplex at No. 8A Embu Street by Sigma Apartments Wuse II, Abuja.
He further held that in view of the fact that the first defendant, which is Badeh, was reported dead, all processes against him were hereby terminated.
Oluwaleke Atolagbe, the prosecuting counsel, at the resumption of trial, said the second defendant should open his defence, since Badeh was dead.
Atolagbe, however, informed the court that in view of an agreement reached between the prosecution and the defence, a further amended charge of 10 counts had been filed, as well as a plea bargain agreement.
“My Lord, there is a development, the prosecution met with the defence and we have been able to reach an agreement.
“We filed a further amended charge dated March 1 and filed March 4 and we also filed a plea bargain agreement with regards to provisions of the Administration of Criminal Justice Act, (ACJA).”
He requested that the new charge be read in the open court, and that a guilty plea be entered for the defendant, that is, Iyalikam Nigeria Limited, by the court.
Following the reading of the ten count amended charge and the guilty plea entered for the defendant by the court, the counsel prayed the court to enter judgment based on the plea bargain agreement.
“For the avoidance of doubt, we ask that the court should order, as part of the sentence, the final forfeiture of all the properties affected in counts one to ten in the further amended charge as reflected in the plea bargain agreement.
“We further pray that the defendant be convicted and wound up based on the plea bargain agreement and Section 19 of the Money Laundering Act,” he prayed.
Until his death, Badeh was standing trial on charges of alleged abuse of office, money laundering and converting public money to personal use to the tune N3.9billion.
He was arraigned alongside his company on a 14-count charge bordering on fraud, to which he entered a “not guilty” plea to all counts.
The diverted money was said to have been meant for purchase of arms to fight Boko Haram terrorists.
Badeh was shot dead on December 18, 2018, along Keffi-Bade road, in Nasarawa State, while returning from his farm.