A Federal High Court in Lagos on Wednesday sentenced a former Acting Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Calistus Obi, to seven years imprisonment for N136 million fraud.
The Economic and Financial Crimes Commission (EFCC) prosecuted Obi, alongside one Alu Dismas, a former personal assistant to a forDG of NIMASA, Patrick Akpobolokemi, and two firms on an 8-count charge of converting N331 million belonging to agency for personal use.
While being cross-examined by EFCC counsel Rotimi Oyedepo; Obi said he transferred part of the stolen money to a firm known as Seastroke International to build a hotel Asaba, Delta State.
“I used part of the money to build my hotel constructed by Seastroke International. But the money has since been refunded to the EFCC.
“The hotel is located somewhere in Asaba, Delta State. I can’t recollect the address now,” he had told the court.
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