A company linked to the late Chief of Defence Staff (CDS), Air Chief Marshall Late. Alex Badeh, Iyalikam Nigeria Limited, has been convicted of corruption and money laundering charges.
The firm’s properties listed in the charge were ordered to be forfeited to the Federal government through the Economic and Financial Crimes Commission (EFCC).
The defendant was trialed on a 14-count charge of criminal breach of trust and money laundering. The charges filed against the late CDS (Badeh) were however terminated by the court. This decision was done by both the prosecution and the defense counsel.
The second defendant was asked to open defence since the first defendant (Badeh) was dead.