A Federal High Court sitting in Lagos, was, yesterday, told how former Managing Director of Nigerian Maritime Administration and Safety Agency, NIMASA, Patrick Akpobolokemi, allegedly disbursed the N2.6 billion stolen by him.

Former DG of NIMASA, Patrick Ziadeke Akpobolokemi (centre) being led out of court after his arraignment by EFCC in Lagos.
Former DG of NIMASA, Patrick Ziadeke Akpobolokemi (centre) being led out of court after his arraignment by EFCC in Lagos.
Akpobolokemi, who was accused of defrauding the Federal Government to the tune of N795.2 million, was arraigned before Justice Ibrahim Buba alongside three others, Captain Ezekiel Agaba, Ekene Nwakuche, Governor Juan and three companies, namely Blockz and Stonz Limited, Kenzo Logistics Limited and Al-Kenzo Logistic Limited.

The Economic and Financial Crimes Commission, EFCC, in the charge had claimed that the accused persons converted a total of N2,658,957,666 between December 23, 2013 and May 28 this year to their personal use. The defendants pleaded not guilty to all the charges.

EFCC, which opened trial yesterday, called its first witness, Teslim Ajuwon, who is the Compliance Officer at Zenith Bank and responsible for enquiries from regulatory agencies such as the EFCC, Police, NDLEA, among others.

The witness said he received enquiries from EFCC for a report of activities on some accounts, including Aruwo Consulting Limited, Extreme Vertex Limited, Southern Options Limited, Green Lemon Services and Committee on ISPS, adding that the bank received a request to produce account opening package of the companies as well as their financial statements.

More@ http://www.nairacoded.com/2016/01/ex-nimasa-boss-show-up-in-court-over.html

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jeffizy:
No news on his next adjournment?

I would love to be at the next court sitting just to see what he's made of.

Such brazen kleptomaniac should be a course in higher institutions.



*your source though

I think a mandatory ethics course should be required of all graduates of our universities, and the effects of such embezzlement on the economy. This is really bad.

It's a shame that many youths were responsible for pauperizing fellow youths by abusing their privileged positions. We keep shouting give youths a chance but when the chance is given, we bungle it.

Look at Akpobolokemi, Diezani, Tompolo, Bankole and many other so called youths!