The Federal High Court sitting in Lagos has sentenced a former Executive Director of the Nigerian Maritime Administration and Safety Agency (NIMASA), Captain Ezekiel Bala Agaba, to 7-Year Jail Term for laundering the sum of N1.5 billion.
Justice Ibrahim Buba handed down the sentence on Wednesday, after convicting the former NIMASA ED.
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In 2015, the EFCC had alleged that the convict while serving as the ED in charge of Maritime, Safety and Shipping, fraudulently conspired with the then-Director General, Patrick Akpobolokemi, to obtain the huge sum by false pretence from the Federal Government after which it was fraudulently converted.
Details later.
