The foreign currencies were said to be recovered after the detectives conducted a search at Alex Badeh’s home situated at no 6, Ogun River Street, Maitama, Abuja.
A member at the EFCC was also quoted saying, “We have seized several properties belonging to Badeh, few days ago, we returned to the mansion located at 6, Ogun River Street, Maitama. In the presence of several witnesses, including neighbours, we searched the house and recovered $1m in cash. The money has been lodged as evidence.” The house, said to be worth over N1.1bn, is one of the 5 properties seized from the ex-defence chief.
EFCC alleged that Badeh removed the sum of N3.9bn from the accounts of the Nigerian Air Force. Badeh, who has remained in the EFCC custody since February 8, has been charged along with a firm, Iyalikam Nigeria Limited, before Justice Okon Abang of the Federal High Court in Abuja. He is set to appear in court today.
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