N50bn Fraud: Amosu, Others Arraigned, Get N500m Bail

Disgraced former Chief of Air Staff, Air Marshall Ademola Amosu was today arraigned by the Economic and Financial Crimes Commission, EFCC, before a Federal High Court in Lagos and granted N500 million bail.

Amosu, who was arraigned alongside Jacob Adigun, an Air Vice Marshal and Gbadebo Olugbenga, an Air Commodore on a 26-count of stealing about N50 billion, pleaded not guilty to all the charges. He and the others were granted N500 million bail each.

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