Connect with us


NIMASA Ex-Boss Convicted for 136 Million Money Laundering

Nigeria News Live



kogi kidnap

Former Director-General of the Nigerian Maritime Administration and Security Agency (NIMASA) Calistus Obi has been convicted for knowingly changing and laundering N136 million meant for the company, Nigeria news live Reports.

Justice Mojisola Olatoregun, the presiding judge, sitting on the Federal High Courtroom in Ikoyi, Lagos, on Thursday, gave the judgement in a two-hour lengthy ruling. The Economic and Financial Crines Commisson (EFCC) arraigned Obi and his co-conspirators in 2016 for conspiracy, conversion and cash laundering of the sum of N136 million.

Obi was charged alongside one Alu Dismas, an aide to Patrick Akpobolokemi, a former Director-General of NIMASA, on an eight depend cost of conspiracy and cash laundering.   Though the court discharged any acquitted the defendants of conspiracy for failure of the prosecutor to judiciously proved conspiracy, the courtroom nonetheless, convicted the defendants of conversion and cash laundering.

Copyright Nigeria News Live 2018-2020 Chat with Us on Whatsapp on 08059984535 Send us enquiries, press releases.Advertise with us.


Top Trending News