The Federal High Court in Abuja yesterday convicted a firm linked with the late Chief of General Staff , Air Marshall Alex Badeh – Iyalikam Nigeria Limited – and ordered it be immediately wound-up.
Properties traced to Badeh and Iyalikam which Justice Abang ordered their final forfeiture to the Federal Government were listed in the plea bargain agreement which the EFCC reached with the defence and filed before the court on Monday.A shopping mall at Plot 1386, Oda Crescent, Cadastral Zone A07, Wuse II, Abuja;A duplex situate at No. 14, Adzope Crescent, Off Kumasi Crescent, Wuse II, Abuja;The sum of $1,000,000.00 only recovered from No.
Badeh was scheduled to open his defence on January 16 this year, but before the hearing date, gunmen killed him on Abuja-Keffi Expressway on December 18, last year. Olujinmi, who represented Badeh and Mr. S.T Ologunorisa , who represented Iyalikam Nigeria Limited, on Monday, had contrary to Atolagbe’s position, argued that the charges needed not to be read because the company had no representative in court.
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Alleged N3.9bn fraud: Late Badeh’s company to open defence March, 4 - Daily Post NigeriaA Federal High Court sitting in Abuja, has fixed March 4, for the company of late Air Chief Marshal Alex Badeh, Iyalikam Nigeria Limited, to open its defen Did you love to read books, are you interested in books that will build your intellect and change your life forever? Click to follow me then drop with me your email for your copy.
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