An investigator with the Economic and Financial Crimes Commission (EFCC), Tosin Owobo, yesterday told a Federal High Court, Lagos how a former Chief of Accounts in the Nigerian Air Force, Air Vice Marshal Jacob Bola Adigun (rtd), used his companies to siphon N12 billion from the force’s intelligence account domiciled with a new generation bank.
Adigun is the second defendant in a N22.8 billion fraud charge preferred against erstwhile Chief of Air Staff, Air Marshal Adesola Amosu (rtd).
Amosu is being tried alongside Adigun and another officer, Air Commodore Gbadebo Olugbenga.
The trio are standing trial alongside some companies, namely Delfina Oil and Gas Limited, Mcallan Oil and Gas Limited, Hebron Housing and Properties Company Limited, Trapezites BDC and Funds as well as Pricey Limited. Read more