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Former Chief of Air Staff, Air Marshal Adesola Amosu, has been granted bail by a Federal High Court sitting in Lagos.
Amosu was granted bail in the sum of N500 million.
The Economic and Financial Crimes Commission (EFCC) arraigned him before the court on a 26-count charge of looting about N50 billion.
The former Air Chief was arraigned alongside Air Vice Marshal Jacob Adigun and Air Commodore Gbadebo Olugbenga.
The three defendants pleaded not guilty to the charges.