A former Chief of Air Staff, Air Marshal Adesola Amosu (rtd) and 10 others facing a N22.8billion fraud trial are now in talks with the EFCC to enter a plea bargain with the Federal Government.
They have confessed and now want to surrender Nigeria's looted Billions through plea bargain.
The EFCC tendered a draft copy of the terms of the potential plea bargain before Justice Mohammed Idris of the Federal High Court in Lagos on Friday.
Amosu is standing trial alongside Air Vice Marshal Jacob Adigun and Air Commodore Gbadebo Olugbenga, all of the Nigerian Air Force (NAF), and eight private firms.
They were arraigned by the anti-graft agency on June 29, on a 26-count charge of conspiracy, stealing, money laundering, concealing of proceeds of crime and conversion of funds belonging to the Air Force to their personal use.
They were alleged to have committed the offences between March 5, 2014 and May 4, 2015.
They first entered a plea of innocence following which Amosu, Adigun and Olugbenga were granted bail of N500m each with two sureties in the like sum.
Justice Idris also ordered them to deposit their passports in the custody of the court pending trial.
But at the resumed hearing of the matter on Friday, EFCC prosecutor, Rotimi Oyedepo, informed the court that the defendants had began plea bargain negotiations with the government.
He tendered a draft copy of the terms of the plea bargain to the court and indicated that the defendants were already in possession of their copies of the terms.
The big men who are ready to return their loots are represented, as usual, by SANs.
They all bought mansions in Abuja, Lagos, London and other places with Nigeria's money, recklessly.