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Federal High Court Ikoyi Lagos

Alleged N6.9b theft: NAMA boss, others get N20m bail each

Following last Thursday’s arraignment of officials of the Nigerian Airspace Management Agency (NAMA) accused by the Economic and Financial Crimes Commissions (EFCC) of N6.9billion fraud, the Federal High Court in Ikoyi, Lagos has granted N20m bail to each of the accused.

Justice Babs Kuewumi who was in charge of proceedings also adjourned the matter till April 26, 2016 when it would be ascertained if the accused had met the bail conditions.

The Managing director of NAMA; Ibrahim Abdulsalam,  director of Finance,  Clara Aliche, Acting General Manager, Procurement Muyiwa Adegorite, his wife, Joy, General Manager Finance,  Segun Agbolade were led into Court six at about 11.45am where prosecuting and defense counsels argued their cases for bail.

 Managing director of the Nigeria Airspace Management Agency (NAMA) Ibrahim Abdulsalam walking side by side with one of the suspects, Joy Ayodele Adegorite while behind Adegorite Olumuyiwa at Federal High Court in Ikoyi, Lagos.
Managing director of the Nigeria Airspace Management Agency (NAMA) Ibrahim Abdulsalam walking side by side with one of the suspects, Joy Ayodele Adegorite while behind Adegorite Olumuyiwa at Federal High Court in Ikoyi, Lagos.

Nigerian flight deck noted that workers of NAMA filled the court to show solidarity for the embattled NAMA helmsman.

The accused were led out of the court at about 2pm and drive away to be remanded in prison custody.

The defendants were accused of intent to defraud, conspire amongst themselves to induce NAMA to deliver the sum of N2, 847,523,975.00 to Delosa Ltd, Air Sea Delivery Ltd and Sea Schedules Systems Ltd under the pretence that the money represented the cost of clearing NAMA’s consignments on August 19, 2013.

EFCC said they paid the firm N274, 021,452.00 between January 31 and April 15, 2013; and between August 19 and December 31, 2013, they paid it N151, 136,320.

The defendants also paid the firm N403, 485,057.70 between January 15 and December 17, 2014, as well as N285, 906,834.10 between January 14 and September 16, 2015, the prosecution alleged.

EFCC said the defendants induced NAMA to pay Air Sea Delivery Ltd the sum of N409, 010,344.70 under the pretence it represented the cost of clearing NAMA’s goods. EFCC said they also paid Air Sea N230, 585,636.20 between January 14 and September 16.

According to the anti-graft agency, another company, Sea Schedules System Ltd, got N227, 634,567.20 between September 11 and December 15, 2014 under the pretence that it cleared NAMA’s consignments, and between January 14 and September 3, the defendants paid Sea Schedules the sum of N314,378,212.80.

The defendants were accused of conspiring amongst themselves on January 2, 2013 to convert N858,507, 609.56, property of NAMA, which was derived from stealing, contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.

Between January 2 and December 17, 2013, the defendants allegedly converted N191, 616,651.56 belonging to NAMA to themselves.

All totalling about N6.9billion

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