A Federal High Court sitting in Lagos has sentenced a former Director-General of the Nigerian Maritime Administration Safety Agency, Mr. Raymond Omatseye, to five years in prison for a N1.5bn contract scam.The Economic and Financial Crimes Commission had arraigned for engaging in contract splitting and bid rigging estimated at over N1.5bn whilehe was the DG of NIMASA.The offence, according to the EFCC, contravened Section 58(4) (d) of the Public Procurement Act, 2007.Omatseye was also charged with money laundering contrary to Sections14(a) of the Money Laundering (Prohibition) Act, 2004.Details later…
http://thebusinessdispatch.com/breaking-court-jails-ex-nimasa-boss-omatseye-five-years/

K

p

Every illegal yam eater shall be punished.

Let somebody say AMEN!!!

One out of many




Baba continue the good work







Ka sha ma Dupe

wow.....The convictions have started.

Only 5 years ?

After the 5-year term he comes out to enjoy the rest of his loot !!!!

Minimum prison sentence for fraud and money laundering should start from 15 years.

ORACLE1975:
K

I caught oracle. space bookerty

Ok

I wonder. I wont be surprise if he spends less than 2yrs

feedthenation:
Only 5 years?

those waiting for yam eaters to be jailed I hope u see it.