Home Business Money laundering: Ex-NIMASA director jailed 7 years over N1.5b fraud

Money laundering: Ex-NIMASA director jailed 7 years over N1.5b fraud

by Kunle Awosiyan
Agaba

A former Executive Director Nigerian Maritime Administration and Safety Agency (NIMASA), Captain Ezekiel Agaba, has been sentenced to seven years imprisonment, by a Federal High Court in Lagos.

Mr. Agaba was convicted on a seven counts of conversion and criminal breach of trust filed against him by the Economic and Financial Crimes Commission (EFCC).

The sentences will run concurrently, meaning Agaba will spend a maximum of only seven years in jail, beginning from conviction date. .

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