Justice Oluremi Oguntoyibo made the interim forfeiture order based on an ex-parte originating summons filed by the Economic and Financial Crimes Commission
Browsing: Ibrahim Abdulsalam
The witness, Ade Babatunde, a staff of Stanbic Ibtc Bank, gave the evidence at the resumed trial of a former NAMA Managing Director, Ibrahim Abdulsalam, charged with conversion of N6.8 billion
Abdulsalam is charged alongside six others over alleged stealing and conversion of the agency’s money amounting to N6.8 billion.
The other accused are: Adegorite Olumuyiwa, Agbolade Segun, Clara Aliche, Joy Adegorite, and two Limited Liability companies, Randville Investment Limited and Multeng Travels and Tours Limited
The News Agency of Nigeria reports that the Economic and Financial Crimes Commission had on April 7 arraigned the NAMA boss, three directors of the agency and the wife of one of the directors
Ibrahim Abdulsalam, the Managing Director of NAMA, told newsmen in Lagos that the incident was not within the jurisdiction of the agency.