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Author Topic: Former NIMASA DG Sentenced to 5 Years Imprisonment for N1.5 billion Scam  (Read 1006 times)

Offline Mr. Babatunde

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Former NIMASA DG Sentenced to 5 Years Imprisonment for N1.5 billion Scam
on: May 20, 2016, 03:32:06 PM



Former Director General of the Nigerian Maritime Administration Safety Agency, Raymond Omatseye has been sentenced to 5 years imprisonment by a Federal High Court sitting in Lagos, PUNCH reports.

Omatseye was arraigned by the Economic and Financial Crimes Commission (EFCC) for engaging in contract splitting and bid rigging estimated at over N1.5bn while he was the DG of NIMASA.

According to the EFCC, this contravened Section 58(4) (d) of the Public Procurement Act, 2007.

The ex DG was also charged with money laundering contrary to Sections 14(a) of the Money Laundering (Prohibition) Act, 2004.









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