TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Fictitious contracts: My company was used to siphon N72.2m from NIMASA – Businessman

The Citizen by The Citizen
February 6 2016
in Financial Crimes, Uncategorized
A A
0

A businessman, Mr. Emeka Emenalor, claimed on Friday that his company, O2 Services Plus Nigeria Limited, was used to siphon N72.2m from the Nigerian Maritime Administration and Safety Agency (NIMASA) between March and June 2014.

Emenalor claimed that the money was transferred in tranches in and out of his company’s bank account under the guise that it was for a purported, non-existent contract.

The businessman said this at the resumed trial of the immediate-past Director-General of NIMASA, Patrick Akpobolokemi, who is being prosecuted along with five others, for allegedly looting the agency to the tune of N2.6bn between December 23, 2013 and May 28, 2015.

Akpobolokemi’s alleged accomplices are Ezekiel Agaba, Ekene Nwakuche, Governor Juan, Blockz and Stonz Limited and Al-Kenzo Logistics Limited.

The accused were arraigned by the Economic and Financial Crimes Commission before Justice Ibrahim Buba on December 4, 2015.

The 22 counts preferred against them bordered on theft, advanced fee fraud and money laundering.
The offences were said to be contrary to Section 8 (a) of the Advanced Fee Fraud and Other Fraud Related Offences Act, 2006 and Section 18 (a) of the Money Laundering (Prohibition) (Amendment) Act 2012.

The accused, however, pleaded not guilty following which the EFCC opened its case against them on January 18, 2016.

Emenalor was the fifth witness that the anti-graft agency called in a bid to substantiate the allegations.

Led in evidence on Friday by the EFCC prosecutor, Mr. Rotimi Oyedepo, Emenalor, narrated to the court how he was approached sometime in 2014 by his younger brother, Uche, who begged to use his company, O2 Services Plus Nigeria Limited, to secure a contract from NIMASA.

The witness said his brother confided in him that the third accused person, Nwakuche, his former classmate, was helping him to facilitate and secure the contract.

He added that his brother, Uche, explained that he needed him (Emenalor) to transfer whatever money paid into his company’s bank account by NIMASA into some designated accounts he would be given later.

Emenalor told the court that as soon as he began to receive payment alerts from the bank, he informed his brother, who in turn informed the third accused.

He said he received the first payment alert on March 15, 2015 for the sum of N21m from NIMASA.

According to him, this was followed by another payment alert on May 4, 2015 for the sum of N16m.

On June 18, 2015, the witness claimed to have received two payment alerts for the sums of N14.2m and N21m.

He said that he was thereafter instructed to transfer the monies to the bank accounts of Blocks and Stonez Limited and the 4th defendant, Juan.

He stressed that his company did not execute any contract for NIMASA to have necessitated payment of the various funds, adding that he was unaware of the nature of the contract for which his brother utilised his company’s account to obtain money from the agency.

He also claimed not to have benefited from the deal, adding that the N300,000 retained in his company’s bank account was for bank charges.

“I did not benefit anything from these monies paid, I only requested that the sum of N300,000 be left in the account to offset bank transfer charges,” he said.

Meanwhile under cross examination by Nwakuche’s lawyer, Mr. Lanre Olayinka, Emenalor affirmed that he did not enjoy any benefit from the sums paid into his account.

Olayinka then tendered a statement of account before the witness, and drew his attention to a cheque issued in his name for the sum of N100,000.

And facing the witness, the lawyer asked, “Mr Emenalor, you claimed you did not benefit from the monies paid into your account, but from the document before you, on March 6, 2015 you issued a cheque in your name for the sum of N100,000.

“If the money left in your account is for bank charges as you claim, how come you issued a cheque for the amount in your name? What was the purpose of the money?”

“I took transport na,” the witness replied, eliciting laughter from the audience in the courtroom.

Justice Buba adjourned till February 16, 2016 for continuation of trial. – Punch.

Previous Post

Court convicts Dariye’s bankers for diverting N1.16bn

Next Post

AMCON takes over Aero Contractors

Related Posts

NDLEA intercepts Europe-bound cocaine consignments
Financial Crimes

NDLEA secures 974 drug convictions

April 18 2026
Financial Crimes

El-Rufai gets bail, court adjourns to April 21

April 14 2026
Immigration boss suspends Lagos-Seme border commanders over extortion allegations
Financial Crimes

Immigration boss suspends Lagos-Seme border commanders over extortion allegations

April 10 2026
EFCC debunks ‘wanted’ poster of comedian Sabinus
Financial Crimes

EFCC debunks ‘wanted’ poster of comedian Sabinus

April 9 2026
NDLEA nabs Lagos pastor, wife with illicit drugs
Financial Crimes

NDLEA nabs Lagos pastor, wife with illicit drugs

April 8 2026
EFCC moves to seize 57 Malami-linked properties
Financial Crimes

EFCC moves to seize 57 Malami-linked properties

April 3 2026
Next Post

AMCON takes over Aero Contractors

Enugu EXCO approves domestication of Criminal Justice Administration Act

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

by The Editor
April 3 2026
0

...

Abia traditional rulers endorse Gov. Otti for second term

Abia traditional rulers endorse Gov. Otti for second term

by The Editor
March 25 2026
0

...

APPOINTMENTS

416 nurses, midwives get automatic appointments in Yobe

416 nurses, midwives get automatic appointments in Yobe

by The Editor
April 8 2026
0

...

Tinubu renews Bugaje’s appointment as NBTE boss

Tinubu renews Bugaje’s appointment as NBTE boss

by The Editor
April 2 2026
0

...

Kwara governor congratulates new CAF General Secretary

Kwara governor congratulates new CAF General Secretary

by The Editor
April 1 2026
0

...

Senate confirms Magnus Abe as NUPRC board chairman

Senate confirms Magnus Abe as NUPRC board chairman

by The Editor
March 31 2026
0

...

ODDITIES

Bwala, Hasan and the art of the political interview

I had throat surgery after Al Jazeera interview – Daniel Bwala

by The Editor
April 11 2026
0

Robbers cut off teacher’s hand in Kano

Robbers cut off teacher’s hand in Kano

by The Editor
April 9 2026
0

Cross River actor dies after cannon malfunction at rehearsal

Cross River actor dies after cannon malfunction at rehearsal

by The Editor
April 9 2026
0

GLOBAL NEWS

Iran warns US military vessels, others to avoid Strait of Hormuz

Iran military command closes Strait of Hormuz again

by The Editor
April 18 2026
0

...

Trump threatens to end Iran ceasefire if no deal by Wednesday

Trump threatens to end Iran ceasefire if no deal by Wednesday

by The Editor
April 18 2026
0

...

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

by The Editor
April 14 2026
0

...

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

by The Editor
April 14 2026
0

...

Benin Republic elects 49-year-old Wadagni as new president

Benin Republic elects 49-year-old Wadagni as new president

by The Editor
April 14 2026
0

...

State of the States

Delta govt urges youths to join Army

Delta govt urges youths to join Army

by The Editor
April 11 2026
0

...

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

by The Editor
April 10 2026
0

...

Police begin statewide offensive after deadly Kebbi attacks

Police begin statewide offensive after deadly Kebbi attacks

by The Editor
April 10 2026
0

...

Edo deputy governor’s mother dies at 95

Edo deputy governor’s mother dies at 95

by The Editor
April 8 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Shell/NNPC, partners, delivers Landmark Geosciences Centre of Excellence at UNILAG

Shell/NNPC, partners, delivers Landmark Geosciences Centre of Excellence at UNILAG

April 18 2026
African Refiners & Distributors: Forging the way forward to deliver a unique, sustainable African downstream energy Transition and Finance Plan

ARDA 20th Annual Conference: Energy security tops bill as African oil refiners resolve robust defences against int’l market fluctuations

April 18 2026
APC kicks as Atiku tags Tinubu’s economic policy prescriptions shambolic

Atiku slams Tinubu over rising, ‘unbearable’ cost of living

April 18 2026
FG budgets N135bn for 2027 election lawsuits

Nigeria not a poor country, says Presidency

April 18 2026

EDITORIAL REVIEW

Curfew in Abuja today for LG council elections

Hidden cost of elections – Punch

by The Editor
April 17 2026
0

Oil prices jump back toward $100 on Mideast ceasefire doubts

As Nigeria moves away from oil dependency – Punch

by The Editor
April 13 2026
0

Easter gets bloodier – Punch

Easter gets bloodier – Punch

by The Editor
April 12 2026
0

Security chiefs’ discordant tunes – Punch

Security chiefs’ discordant tunes – Punch

by The Editor
April 10 2026
0

NASS: Withdraw MDPA amendment bill – Punch

NASS: Withdraw MDPA amendment bill – Punch

by The Editor
April 9 2026
0

Opinion

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 2026
0

...

Bwala, Hasan and the art of the political interview

Bwala, Hasan and the art of the political interview

by The Editor
April 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.