NIMASA : EFCC arraigns army general, others for N8.5bn fraud


A former Commander of Guards Brigade and erstwhile Commander of the Joint Military Task Force, OPERATION PULO SHIELD, Major General Emmanuel Atewe was on Friday arraigned by the Economic and Financial Crimes Commission before Justice Saliu Saidu of the Federal High Court, Ikoyi on an 11-count charge bordering on conspiracy, abuse of office and money laundering.

The officer who is currently serving with the army’s Training and Doctrine Command in Minna, Niger State was charged alongside a former Director-General of the Nigerian Maritime Administration and Safety Agency, NMASA, Patrick Ziadeke Akpobolokemi; Kime Engozu and Josephine Otuaga.

The accused persons allegedly conspired to divert over N8 billion paid into the account of the Joint Military Task Force by NIMASA during the tenure of Akpobolokemi. The money was converted into foreign exchange and the proceeds shared by the defendants.

Specifically, payments to the tune of N8, 537,586,798.58 were allegedly made to the JTF’s account with a new generation bank by NIMASA.

A substantial part of the money, about N6, 038,350,741 was converted into United States Dollars by Atewe and Akpobolokemi, through various Bureau De Change operators, and handed over to Enzogu and Otuaga who were business partners to Akpobokelemi and thereafter shared by the defendants.

Part of the money was allegedly used in the acquisition of choice properties in Port Harcourt and Abuja, as well as shares in blue chip companies.

One of the charges read: “That you, Mr. Patrick Ziadeke Akpobolokemi, Major General Emmanuel Atewe, Kime Engozu and Josphine Otuaga, sometime in 2014, in Lagos, within the jurisdiction of this court with intent to defraud conspired amongst yourselves to commit an offence to wit; Conversion of the sum of N8,537,586,798.58 (Eight billion, five hundred and thirty seven million, five hundred and eighty six thousand, seven hundred and ninety eight Naira, fifty eight kobo), …Read More

Source:: PM Newspaper