An Abuja Division of the Federal High Court has terminated the charges filed against the late former Chief of Defence Staff, Alex Badeh.
Mr Badeh was killed by gunmen in 2018 on his way from his farm in Nasarawa State.
The Economic and Financial Crimes Commission (EFCC) accused Badeh of money laundering to the tune of N3.9 billion.
Justice Okon Abang in his judgment on Monday, however, found the second defendant in the case, Iyalikam Nigeria Limited, guilty of the charges.
“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 judgement 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).
“In view of the fact that the first defendant in the original charge is reported dead, all charges against the first defendant are hereby terminated,” Mr Abang said.
