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EFCC confiscates assets of NAMA top officials

29 February 2016, 17:23

Abuja - The Economic and Financial Crimes Commission (EFCC) has commenced the seizure of assets of some top officials of the Nigerian Airspace Management Agency (NAMA) after the agency found N3.2 billion in their accounts, with choice properties and several of their investments in Lagos.

Some of the assets seized are petrol stations, and other investments in Lagos.

Three petrol stations belonging to one of the NAMA officials were seized on Friday in Lagos with the inscription "Under Investigation by EFCC".

The NAMA officials, which are still in EFCC custody, are to be arraigned in Lagos to answer charges that border on graft.

Also read: FG freezes accounts of arrested NAMA chiefs

The EFCC found N700 million in the personal accounts of the Acting General Manager, ICT, Akinrinbido Bolaniran, popularly known as Bido, while the General Manager, Procurement, Olumuyiwa Adegorite had N800 million in his own account.

The largest find was traced to the General Manager (Finance), Segun Nurudeen Agbolade, commonly known as General, with over N1 billion; three petrol stations, named Ajoke Resources in Agege area of Lagos and another shopping mall in Ikeja, Lagos.

Agbolade is alleged to own a micro-finance bank and over 200 tricycles in Ikorodu, Lagos, that are used for transportation business. Besides, N148 million was traced to the account of another female air traffic engineer who is a project manager in NAMA, Felicia Agwuabata.

Also under investigation is the Assistant General Manager (Electro Mechanical System), Atiku Abubakar, an engineer. They all risk confiscation of the monies and assets found with them and possible prosecution.

- News 24


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