Thursday 7 April 2016

EFCC Arraigns NAMA’s MD For N2.8bn Fraud

The Economic and Financial Crimes Commission on Thursday arraigned the Managing Director of the Nigerian Airspace Management Agency, Ibrahim Abdulsalam, and six others for an alleged N2.8bn fraud.Abdulsalam and his co-accused persons were arraigned on 21 counts before Justice
Babs Kuewumi of a Federal High Court in Lagos.Those charged alongside Abdulsalam are Adegorite Olumuyiwa, Agbolade Segun, Clara Aliche and Joy Adegorite and one Nnamdi Udoh, said to still be
at large.Among the accused persons were also two companies – Randville Investment Limited and Multeng Travels and Tours Limited.In the charge presented before the court by its prosecutor, Rotimi Oyedepo, the EFCC accused Abdulsam and his alleged accomplices of fraudulently diverting various sums running into N2.8bn belonging to NAMA to their private use.They were accused of inducing NAMA to deliver part of the money in several tranches to three companies – Delosa Ltd, Air Sea Delivery Ltd and Sea Schedules Systems Ltd – under the pretense that the money was the cost of clearing some consignments belonging to NAMA.They were also accused of fraudulently converting part of the money, which the EFCC said was proceeds of theft from NAMA, to their private use.

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