A one-time director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Raymond Omatseye was on Friday sentenced to 5 years imprisonment for fraud.
Punch reports that the former maritime boss was prosecuted by the Economic and Financial Crimes Commission (EFCC) for engaging in contract splitting and bid rigging estimated at over N1.5bn while he was the DG of NIMASA.
The offence, according to the EFCC, contravened Section 58(4) (d) of the Public Procurement Act, 2007.
Omatseye was also charged with money laundering contrary to Sections 14(a) of the Money Laundering (Prohibition) Act, 2004.
The maritime agency was recently described by former President Olusegun Obasanjo as an obscure institution of government only now known as a place where officials loot public funds.
The immediate past director-general of NIMASA, Mr Patrick Akpobolokemi is presently facing trial for diversion, fraud and money laundering up to the tune of N45billion.