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NEWS and REPORTS => Nigerian News => Topic started by: sparrow on Nov 25, 2010, 09:01 PM

Title: EFCC arrests NIMASA DG, others over alleged N1.5b fraud
Post by: sparrow on Nov 25, 2010, 09:01 PM
THE Economic and Financial Crimes Commission Wednesday arrested the Director-General of the Nigerian Maritime Administration and Safety Agency(NIMASA), Mr. Temisan Omatseye and two directors over alleged mismanagement of N1.5billion.

(http://thenationonlineng.net/web3/thumbnail.php?file=MONEY_LAUNDERING_UNIT_339369918.jpg&size=article_medium)

The others are the Director of Finance, Bulama Jarma Ago and Director of Procurement, Shehu Kabir.

The officers, who were arrested and taken to Ikoyi office of the EFCC in Lagos , are expected to face a panel of interrogators in Abuja today.

A top source, who spoke in confidence, said: "The suspects were arrested following alert over alleged mismanagement of N1.5billion. The EFCC investigators have been conducting discreet investigation on the allegations in the past few months.

"The allegations against them border on contract splitting, unlawful diversion of public funds and money laundering.

"A special team has been detailed to interact with the suspects as soon as they are flown to Abuja on Thursday for quizzing.

"But we are presently detaining them pending the conclusion of investigation."

The Head of Media and Publicity of the EFCC, Mr. Femi Babafemi, said: " We have arrested the DG and two others.

"They are being detained in Lagos and they will be moved to Abuja on Thursday for interaction."

EFCC arrests NIMASA DG, others over alleged N1.5b fraud (http://thenationonlineng.net/web3/news/19916.html)