Ex-NIMASA boss appears in court over N2.6bn fraud

Hamilton Nwosa
Writer

Ad

Oil Prices Aren’t Likely To Rise Anytime Soon

Analysts surveyed by Reuters expect Brent Crude to average $67.65 per barrel and WTI Crude to average $64.65 per barrel this year, with slight adjustments from previous forecasts. Factors contributing to the subdued oil price outlook include rising supply from OPEC+ and non-OPEC+ producers, slowing demand growth post-summer, and uncertainties from U.S. trade policies. Major…

US denies visas for Palestinian officials before UN assembly

The administration of United States President Donald Trump has announced it is denying and revoking visas for members of the Palestine Liberation Organization (PLO) and the Palestinian Authority (PA) before the United Nations General Assembly (UNGA) in September. The announcement was made in a statement released by the US Department of State on Friday. “The…

2027: Crack as Tinubu’s Northern ally, Senator Marafa Dumps APC, accuses president of betrayal, neglect

By Obinna Uballa A major crack has emerged in President Bola Tinubu’s Northern political base as a key stakeholder and former Zamfara Central Senator, Kabiru Garba Marafa, together with his supporters, have all resigned from the All Progressives Congress (APC), accusing the president of betrayal and neglect. Marafa, who reportedly coordinated the Tinubu/Shettima Campaign Organisation…

Ad

A Federal High Court sitting in Lagos, was, yesterday, told how former Managing Director of Nigerian Maritime Administration and Safety Agency, NIMASA, Patrick Akpobolokemi, allegedly disbursed the N2.6 billion stolen by him.Former DG of NIMASA, Patrick Ziadeke Akpobolokemi (centre) being led out of court after his arraignment by EFCC in Lagos.

Akpobolokemi, who was accused of defrauding the Federal Government to the tune of N795.2 million, was arraigned before Justice Ibrahim Buba alongside three others, Captain Ezekiel Agaba, Ekene Nwakuche, Governor Juan and three companies, namely Blockz and Stonz Limited, Kenzo Logistics Limited and Al-Kenzo Logistic Limited.

The Economic and Financial Crimes Commission, EFCC, in the charge had claimed that the accused persons converted a total of N2,658,957,666 between December 23, 2013 and May 28 this year to their personal use. The defendants pleaded not guilty to all the charges.

EFCC, which opened trial yesterday, called its first witness, Teslim Ajuwon, who is the Compliance Officer at Zenith Bank and responsible for enquiries from regulatory agencies such as the EFCC, Police, NDLEA, among others.

The witness said he received enquiries from EFCC for a report of activities on some accounts, including Aruwo Consulting Limited, Extreme Vertex Limited, Southern Options Limited, Green Lemon Services and Committee on ISPS, adding that the bank received a request to produce account opening package of the companies as well as their financial statements.

Ad

X whatsapp