A Federal High Court in Abuja has granted bail to former Chief of Defence Staff, Air Marshal Alex Badeh, in the sum of 2 billion naira with two sureties worth one billion naira each.
Justice Okon Abang ordered that the sureties must have landed properties in Abuja and must also swear to affidavit of means.
EFCC is prosecuting Badeh and a firm, Iyalikam Nigeria Limited, accusing them of fraudulently removing N3.97bn from the account of the Nigerian Air Force in 2013.