List of 29 Properties Seized From Ex-Air Chief Amosu and 2 Others by EFCC


With the ongoing investigations and trial of some ex-military chiefs which includes the immediate past Chief of Air Staff, Air Marshal Adesola Amosu; a former Chief of Accounts and Budgeting in NAF, Air Vice Marshal Jacob Adigun (retd.); and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo (retd.), by the Economic and Financial Crimes Commission (EFCC). The investigation have led to the seizure of 29 huge properties Amosu and others worth over N21.4 billion. They includes


Properties seized from Adigun were said to be worth N9.6bn. Some of the properties include;
  1. A shopping plaza known as Capadar Plaza on Adetokunbo Ademola Crescent, Wuse 2, which is worth N980m; 
  2. A residential mansion on Lake Chad Street, Maitama, Abuja, worth N450m; 
  3. An executive mansion in Imo River Close, Off Dandube Crescent, Maitama, worth N710m and 
  4. A four-unit terrace on Agadez Street, Off Aminu Kano Crescent, Wuse 2, worth N720m.
  5. A 35-room uncompleted hotel on Salt Lake Street, Maitama, Abuja; 
  6. A parcel of land located on Bourdillon Street, Ikoyi, Lagos; 
  7. A block of 12 service flats, located on Agodogba Street, Park View Estate, Ikoyi, said to be worth N1.8bn and 
  8. A quarry in Bwari area of Abuja worth about $694,000.
The source added that all the properties had been temporarily seized.
He added, “Adigun spent most of his own share of the money on properties and so we did not recover much cash from him.
Amosu, however, returned over N2.3bn and raised two bank drafts.” He added that some of the properties seized from Amosu included
  1. A house on Adeyemo Alakija Street, Victoria Island, Lagos, worth N250m; 
  2. A duplex at House 11, Peace Court Estate, GRA, Ikeja, Lagos, worth N110m; 
  3. A N40m property located at NAF Harmony Estate, Asokoro Base 
  4. A five-bedroomed house at Valley NAF Estate, Port Harcourt, worth N33m.
  5. A hospital on Adeniyi Jones Avenue, Ikeja, known as St. Solomon Hospital with equipment worth $2.15m 
  6. A N95m house on Umaru Dikko Street, Jabi, Abuja.


The properties seized from Gbadebo include;
  1. A fish farm worth N10m; a N20m poultry, located at Musa Close, Oyibo Ayobu, Lagos 
  2. A school known as Bloomsville International School, Divine Estate, Isheri-Olofin , off Lagos-Ibadan Expressway.

The three suspects will be arraigned by the anti-graft agency this week. The retired military officers were accused of diverting public funds to the tune of N21,467,674,707.43 in 2014.

Others charged alongside the accused persons are Delfina Oil and Gas Limited, McCallan Oil and Gas Limited, Hebron Housing and Properties Company Limited, Trapezites BDC, Funds and Pricey Limited, Degree Oil and Gas Limited, Timsegg Investment Limited and Solomon Healthcare Limited.