Oladimeji RamonThe Federal High Court in Lagos on Monday ordered a firm, ZAL Marine Limited, to forfeit the sum of £578,080 found in its Diamond Bank account to the Federal Government. 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. “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.

Source: Punch February 06, 2018 00:11 UTC