Ex-NIMASA boss bags 5-year jail term for N1.5bn fraud
Court jails ex-NIMASA boss, Omatseye for five years
Recommended articles
A Federal High Court sitting in Lagos, who foundOmatseye 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.
ADVERTISEMENT
Omatseye was also charged with money laundering which is punishable under Sections 14(a) of the Money Laundering (Prohibition) Act, 2004.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Gov Alia vows to demolish property housing kidnappers, Yahoo boys in Benue
Tinubu appoints former Rivers lawmaker, ex-Naval officer as heads of NESREA, NDRBDA
Court accuses EFCC boss of contempt over handling of Yahaya Bello's case
Fubara donates ₦350m as Navy moves training headquarters from Lagos to Rivers
Bandits invade Defence Minister's hometown, kill 1, abduct scores
Cardiologist bags 4-year jail term over patient deaths
We must continue to support President Tinubu - Ododo tells Kogi residents
Tinubu appoints Zenith Bank founder Jim Ovia to chair student loan fund
Husband begs IGP to find his wife who went missing on official police duty
ADVERTISEMENT
![FCE, Zaria sets committee to investigate 12 students suspected to be cultists [myschoolgist]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "FCE, Zaria sets committee to investigate 12 students suspected to be cultists [myschoolgist]")