An EFCC investigator, Mr Chukwudi Orji, on Monday at an Ikeja High Court revealed in graphic details how a former Director-General of NIMASA and five other staff members stole N754m belonging to the agency.
Orji made the revelations while testifying at the ongoing trial of Patrick Akpobolokemi, the ex-DG of the Nigerian Maritime Administration and Safety Agency and six others on a 13-count bordering on stealing and fraud.
Akpobolokemi’s co-defendants are Ezekiel Agaba, Ekene Nwakuche, Governor Juan, Vincent Udoye, Adegboyega Olopoenia and a company — Gama Marine Nigeria Ltd.
Orji told the court, “Vimsat Committee, a committee of NIMASA had opened an account in Zenith Bank. This account only had two inflows.
“On August 29, 2015, N498.4m was paid into that account by NIMASA and on May 20, 2015, N318m was also paid into that account by NIMASA.
“This gave the account a total inflow of N816.2m. On Sep. 29, 2015, there was a transfer of N11m into the account of one Lakewood Garden Ventures Ltd from the Vimsat Committee account.
“The money was never used for research work as it was mandated to be, this money was part of the sharing formula of the defendants.”
Orji, explaining the role of Vincent Udoye, one of the defendants in the alleged scam, said, “On March 6, 2015 N7.8m was transferred from Vimsat account into the Diamond Bank account with number -0020802815 of the fifth defendant (Udoye).

http://www.confamgist.com.ng/2017/07/how-akpobolokemi-others-stole-n754m.html

Na real wa

Nigeria We Hail Thee!