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Raymond Omatseye Ex-NIMASA boss bags 5-year jail term for N1.5bn fraud

 Court jails ex-NIMASA boss, Omatseye for five years

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NIMASA play

Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Raymond Omatseye.

(Punch)

A former Director-General of the Nigerian Maritime Administration Safety Agency (NIMASA), Mr. Raymond Omatseye, has been sentenced to five years imprisonment for a N1.5 billion contract scam.

A Federal High Court sitting in Lagos, who found Omatseye guilty of the charges brought against him by the Economic and Financial Crimes Commission (EFCC), gave the verdict on Friday, May 20.

The EFCC had arraigned the ex-NIMASA boss for multiple offences including contract splitting and bid rigging estimated at over N1.5 billion while he was the DG of the agency.

According to the anti-graft commission, the offence contravened Section 58(4) (d) of the Public Procurement Act, 2007.

READ: Patrick Akpobolokemi - How ex-NIMASA boss authorised diversion of agency's funds

Omatseye was also charged with money laundering which is punishable under Sections 14(a) of the Money Laundering (Prohibition) Act, 2004.

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