The Federal High Court in Abuja has granted bail to the immediate past Chief of Defence Staff, CDS, Air Chief Marshal Alex Badeh (rtd), in the sum N2bn, and two sureties in the sum N1bn each who must reside in Abuja.
While delivering his ruling, Justice Okon Abang held that the alleged offence is a bailable one, and that Badeh was presumed innocent until he otherwise proved. He then directed the accused to deposit his international passport at the court.
The Judge explained that the conditions of the bail were influenced by the weight of the charges.
The ex-CDS is being prosecuted by the Economic and Financial Crimes Commission, EFCC, for a 10-count charge of criminal breach of trust and corruption to the tune of N3.9bn, but has pleaded not guilty to the charges.
Badeh is alleged to have used funds of the Nigeria Air Force to purchase choice property in Abuja.
According to the EFCC, Badeh illegally used N60m to renovate his sons house, which he purchased for N260m in Abuja, between January and December 2013.
The former Defence chief is also alleged to have used N878m being funds of the Air Force to build a shopping mall in Abuja.
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