N136m fraud: Court fixes date for sentencing ex-NIMASA DG, Calistus Obi - Daily Post Nigeria

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N136m fraud: Court fixes date for sentencing ex-NIMASA DG, Calistus Obi

It would be recalled that Obi was on May 23, convicted along with Alu Dimas, an aide to Patrick Akpobolokemi, a former Director-General of NIMASA.Orilade affirmed that the convicts were arraigned along with two companies, Grand Pact Limited and Global Sea Investment, on April 12, 2016, on an eight-count charge bordering on conspiracy, conversion and money laundering to the tune of N136million .

At the resumed sitting, counsel for the EFCC, Rotimi Oyedepo, reportedly argued that the defendants wasted the time of the court, so they did not qualify to enjoy the discretion of the court in not imposing the maximum sentence. “The court has the power to order them to refund the money and compensate the Agency for the funds already utilised.

Further, Orilade affirmed he urged the court to make an order imposing a 100 percent fine on the third and fourth defendants, as contained in the provisions of sections 15 of the Administration of Criminal Justice Acts, ACJA, on corporate bodies found guilty of such allegations. Besides, Kuti explained to the court that his client was in the EFCC detention for a month before being arraigned.

Ogbonna, who said his client was kept in the EFCC custody for three months, therefore, urged the Judge to temper justice with mercy.

 

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