N1.5Billion Fraud: Ex-NIMASA DG, Raymond Omatseye, Bags 5Years Jail Term

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Former NIMASA DG

By Sadiq Umar – A Federal High Court sitting in Lagos has sentenced former Director-General (DG) of the Nigerian Maritime Administration Safety Agency (NIMASA), Mr. Raymond Omatseye, to five years imprisonment over N1.5 billion contract fraud.

Former NIMASA DG
Former NIMASA DG

The former NIMASA boss was arraigned in court by the Economic and Financial Crimes Commission (EFCC) for involving in contract splitting and bid rigging in excess of N1.5 billion while in office.

EFCC had argued that the crime was contrary to section 58 (4) (d) of the Public Procurement Act, 2007.

Similarly, he was charged with money laundering which the anti-graft agency said was against Sections 14 (a) of the Money Laundering (Prohibition) Act, 2004.

Justice Rita Ofili- Ajumogobia, who delivered the judgement pronounced Mr. Omatseye guilty of the crime.

It would be recalled another NIMASA former DG, Patrick Akpobolokemi and others are also currently facing trial before a Federal High Court in Lagos, over allegedly disbursing and diverting the sum of N2.6 billion belonging to the Maritime safety agency.

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