The Economic and Financial Crimes Commission (EFCC) on Tuesday urged the Federal High Court in Lagos has ordered the forfeiture of assets seized from convicted former Nigerian Maritime Administration and Safety Agency (NIMASA) acting Director-General Calistus Obi.
Justice Mojisola Olatoregun had on May 23 found him guilty of money laundering and converting the agency’s funds to personal use.
The judge, however, adjourned until Tuesday for sentencing.
On Tuesday, prosecuting counsel Rotimi Oyedepo urged the judge to impose the maximum punishment, which is 14-year jail term.
Obi was charged with a former NIMASA staff Dismass Alu Adoon, Grand Pact Limited and Global Sea Investment Limited.
According to the prosecutor, Obi admitted that he used part of the money he converted to build Ladiva Hotels and Events Limited in Asaba, the Delta State capital.
After Tuesday’s arguments, the judge said he needed some time to look at the cited laws before imposing a sentence.
She ordered that the convicts be taken back to prison and further adjourned June 3 for sentencing.
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