Court Orders Final Forfeiture Of £578,080 Stolen From NIMASA
Channels Television
Updated February 5, 2018


A Federal High Court sitting in Lagos has ordered the final forfeiture of the sum of £578,080.00 to the Federal Government of Nigeria.

Justice Saliu Saidu who made the order of final forfeiture held that the Economic and Financial Crimes Commission (EFCC) had shown that the funds were proceeds of unlawful activity.

The EFCC had in December 2017 approached the court through an exparte application argued by it’s counsel, Rotimi Oyedepo.

The court had granted an interim forfeiture of the funds after Mr Oyedepo testified that the money sought to be forfeited is reasonably suspected to be proceeds of unlawful activities of a maritime firm, ZAL Marine Limited.

The EFCC counsel also alleged that the sum was stolen by the maritime firm through some employees of the Nigeria Maritime Administration and Safety Agency (NIMASA).

The EFCC specifically mentioned a Macfoy Irene who was said to have used her position as an Assistant Director and Head of Nigerian Seafarers Development Program to facilitate the fraudulent transfer of the sum of £1,074,600.00 from NIMASA’s Zenith Bank (UK) Account to an offshore account belonging to Swiss Bulk carriers S.A under the false Pretenses of training 54 Nautical Science and Marine Engineering Students on Sea Training on 16th March, 2013.

The money was said to have been transferred from NIMASA’s Accounts without any parastatal or Ministerial Tender Board Approval or Contract.

ZAL Marine Limited then allegedly received and retained the sum of £578,080.00 out of the transfer made to Swiss Bulk Carriers, S.A.

https://www.channelstv.com/2018/02/05/court-orders-final-forfeiture-of-578080-stolen-from-nimasa/?

Ich

Same old same old... No head is going to roll for this.... The already stolen money shall still be re-stolen.

GEJ was called clueless because ppe believe he was never aware of most of the evils done under his nose.....but to say Bubu is yet to wrap up prosecution on any corruption case, speaks volumes about someone who's sole campaign mantra was kwarupshion.

As a matter of fact, GEJ was bold enough to at the long run, cut Oduah down.... Maina, ex SGF... all of them full ground.

Money that will still be stolen again .
Where is all the recovered loot?
Nigeria is in a mess, an average nigeria is as corrupt as a criminal.

RIP TO THE MONEY

Where is the fund now?

who is going to jail since its stolen.

Or is stealing not an offence?

Hmm mm....

NairaLanders can book space oh
A dot there,a comma here
What will the seized money be used for?

oh ok

Too much meddling on international transactions..
I dont blame Egmont Group for suspending NIFU...

Sai baba !

And they said buhari isnt working abi

Useless children of hate

Pdp sabi thief money while APC sabi lie.

Ok

Buhari is working

I don't even know why I'm booking this space right now

mtschew..wanna hear arrests.

Thunder fire enemies of MAGU.

Who EFCC epp? ? ? ?

For all those who have contributed in looting this country, may your lives be filled with problems.

Come 2019 I'm voting Buhari... I need him to continue witch-hunting the witches who made it their mission to destroy this country.

Haters can go get a bottle of cold snipper

That is good

This and money other reasons are why i think we should send buhari back to daura, money has been stolen by pdp so let it go but buhari no go gree. we must vote buhari out in 2019 so that pdp can resume stealing in 2019. people call buhari terrorist, tribalist ,wicked man all for this reason of no mercy to looters.

DrRasheed:
mtschew..wanna hear arrests.

Enemies of progress

sapientia:
Where is the fund now?
who is going to jail since its stolen.
Or is stealing not an offence?

No one is going to jail.
Instead the person will be reinstated and promoted like Maina, the pensions thief who was sacked and declared wanted by Jonathan.
That is how Buhari fights corruption.
Buhari is a monumental error of gargantuan proportions that must be corrected in 2019.

Money that will be Re-looted

myettiallah:
Too much meddling on international transactions..
I dont blame Egmont Group for suspending NIFU...

You can order for a fresh pair of brains from AliExpress cos the one you're using is obviously disfunctional

With the fall in Nigeria revenue since 2014, Nigeria Govt has two option, either borrow to pay salary like PDP was doing or lay off workers. They did not take any of these route, because recovered loot is helping Govt to meet its obligation.
Capital projects are ongoing etc..

Sai Baba! Inna ta re Da Kai.

PBM should use the money to build institute of anti corruption studies. At least we would remember him for that after 2019

Ok oo0o0o0o0o0o0o0o0 we hear!

cool, this money should be monitored to avoid what happened before..