Justice Okon Abang of the Federal High Court in Abuja has terminated the charges filed by the Economic and Financial Crimes Commission (EFCC) against the late former Chief of Defence Staff, Alex Badeh, in view of the fact that he is dead. Badeh was killed by gunmen last year while traveling back from his farm in Nasarawa State.
Giving the ruling on Monday, Abang found Iyalikam Nigeria Limited, which is standing trial along with Badeh, guilty of the corruption charges filed against it by the Economic and Financial Crimes Commission (EFCC). The court ordered that all properties of the company in line with the 10-count amended charge be forfeited to the federal government through the EFCC.
Judge Abang said: “Having regard to the plea bargain and plea duly taken, I hereby find the defendant Iyalikam Nigeria Limited guilty. The defendant is hereby wound up and this judgment shall be served on the Corporate Affairs Commission (CAC) for necessary action. All properties in line with the 10-count charge are hereby forfeited to the Federal Republic of Nigeria through the Economic and Financial Crimes Commission (EFCC).”