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N139m Fraud: Convicted Former NIMASA DG, Calistus Obi, To Be Sentenced Tuesday

CONVICTED FORMER NIMASA DG, CALISTUS OBI 
By Francis Iwuchukwu, Lagos

Except if there is anything to the contrary, Justice Mojisola Olatoregun of a Federal High Court sitting in Ikoyi, Lagos State, Nigeria, will on Tuesday, May 28, 2019, sentence  the former acting Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Calistus Obi and one  Alu Dismas.

It would be recalled that Justice Olatoregun had convicted the former acting NIMASA DG alongside Dismas who held sway as the Personal Assistant (PA) to Obi's predecessor, Patrick Akpobolokemi.

The judge had convicted the duo for converting N139m belonging to NIMASA to their personal use.

The judge thereafter adjourned till May 28, 2019 for sentencing, even as she ordered that the convicted former NIMASA officials be remanded in prison custody.

It would be recalled that the Economic and Financial Crimes Commisson (EFCC) had arraigned Obi and his co-conspirators in 2016 for conspiracy, conversion and money laundering to the tune of  N136 million. 

Obi was dragged to court alongside Dismas on an eight count charge of conspiracy and money laundering.

Even though Justice Olatoregun discharged and acquitted the defendants of conspiracy over the failure of the Commission to judiciously prove conspiracy, the court however convicted the defendants of conversion and money laundering.

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