Ex-NIMASA DG, Callistus Obi Sentenced to 7 Years in Prison

0
147
Reading Time: 1 minute

SWITZERLAND, JUNE 03 – A Federal High Court in Lagos has sentenced a former Acting Director-General of NIMASA, Calistus Obi, to seven years imprisonment for N136 million fraud.

Recall, Today’s Echo had reported that the Economic and Financial Crimes Commission, EFCC, on Thursday, May 23, 2019, secured the conviction of Callistus Obi and Alu Dimas, an aide to Patrick Akpobolokemi, a former Director-General of NIMASA. They were convicted by Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi.

According to the EFCC, the duo were arraigned alongside two companies, Grand Pact Limited and Global Sea Investment, on April 12, 2016 on an eight-count charge bordering on conspiracy, conversion, and money laundering to the tune of N136million (One Hundred and Thirty Six Million Naira).

The prosecution proved that the convicts converted the sum of money, N136million, belonging to the Agency to their personal use on August 5, 2014.

The judge convicted them of conversion and money laundering.

The Judge said: “The prosecution has proved the charges preferred against you beyond reasonable doubt with evident conversion and money laundering of N136million”.


Leave a Reply

%d bloggers like this: