Connect with us

news

Marine firm gets £578,080 forfeiture order

Published

on

 

 

 

Justice Saliu Saidu of the Federal High Court in Lagos has ordered a firm, ZAL Marine Limited, to forfeit the sum of £578,080 found in its Diamond Bank account to the Federal Government.

 

 

 

 

 

The order which was given on Monday was at the instance of the Economic and Financial Crimes Commission which told the court that the funds were diverted from the coffers of the Nigerian Maritime Administration and Safety Agency.

Counsel for the EFCC, Mr. Rotimi Oyedepo, urged the judge to order the funds forfeited to the Federal Government in line with Section 17 of the Advance Fee Fraud and Other Related Offences Act, 2006.

According to the lawyer, the EFCC found out that the £578,080 was stolen from NIMASA with the connivance of some officials of the agency, whose names it gave as Macfoy Irene, Chukwu Emeka Emmanuel.

The investigator said, “That out of the said £1,074,600.00, the respondent herein, without any contractual relationship with NIMASA, also fraudulently received and retained the sum of £578,080.00 from Swiss Bulk Carriers S.A.

“That the fund was transferred from NIMASA’s account without any parastatal or ministerial tender board approval and/or contract with NIMASA.

“That there was no contractual relationship or agreement that existed between NIMASA, Swiss Bulk Carriers S.A. and the respondent to warrant this fraudulent transfer of the funds sought to be forfeited.”

“That before effecting the said fraudulent transfer to Swiss Bulk Carrier S.A, the mandatory value added tax and remittance to the Federal Government of Nigeria was unlawfully evaded.

 “That the respondent is a front company to Mrs. Irene U. Macfoy, an Assistant Director with NIMASA and the Head of the Nigerian Seafarers Development Programme.

 “That the respondent is an agent of Swiss Bulk Carriers S.A., who fraudulently retained and converted to their use, the total sum of £496,520.00 out of the said £1,074,600.00.

“That the respondent is reasonably suspected to have conspired with others to steal the above fund from the Federal Government of Nigeria,” Abubakar stated.

 

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest News

news9 hours ago

DEBATE…Why I have so much grey hairs on my head—Osinbajo

Vice President Yemi Osinbajo has attributed the grey hair on his head as one of the factors showing how tasking...

Politics11 hours ago

BREAKING…Vice Presidential Debate Begins

Ahead of the forthcoming general elections, debate for the Vice Presidential candidates of five political parties has commenced, ROYAL NEWS...

Politics11 hours ago

EXPOSED…. PDP planning to hack into INEC’s server, APC alleged

The Peoples Democratic Party, (PDP), has been alleged of enlisting the services of some hackers from Russia in order to...

Foreign11 hours ago

Why court sentenced 35yr-old man to 9yrs in prison

An Indian national has been sentenced to nine years in prison in the US for a brazen sexual assault of...

Politics12 hours ago

Court sacks Donald Duke, declares Jerry Gana as SDP presidential candidate

An FCT High Court in Maitama on Friday declared a former Minister of Information, Prof. Jerry Gana, the winner of...

news13 hours ago

Buhari challenges governors on infrastructure devt.

President Muhammadu Buhari has challenged state governors to redouble efforts in addressing infrastructure deficiencies in their respective states to revamp...

Politics1 day ago

Court sacks Buruji Kashamu, declares him illegal

The Peoples Democratic Party has commended the Thursday judgement of an Abuja Federal High Court validating the expulsion of Senator...

news1 day ago

FG working on early implementation of new minimum wage — SGF

The Federal Government is working toward early implementation of new minimum wage which has caused a lot of controversies in...

Politics1 day ago

No Diaspora or out-of-country voting in 2019-INEC

The Independent National Electoral Commission (INEC) says there will be no Diaspora or Out-of-Country voting for Nigerians in the 2019...

news1 day ago

CAN denies endorsing any candidate

The Christian Association of Nigeria (CAN), on Thursday said the association did not endorse anyone; it only met with 14...

Advertisement

Trending

Copyright © 2018 Royal News.

%d bloggers like this: