Alleged N2.8Billion Fraud: Court Adjourns Trial Of Former MD Of NAMA

Justice Babs Kuewumi of the Federal High Court in Lagos, Southwest Nigeria, on Tuesday, adjourned the N2.8 billion fraud trial involving the former Managing Director of the Nigerian Airspace Management Authority, NAMA, Ibrahim Abdulsalam, and others till May 30 and 31, 2023.

Abdulsalam is facing trial alongside Nnamdi Udoh (still at large), Adegorite Olumuyiwa, Segun Agbolade, Clara Aliche, Joy Ayodele Adegorite, Randville Investment Limited and Multeng Travels and Tours Limited for conspiring to induce the agency to deliver the sum of N2.8 billion to Delosa Limited, Air Sea Delivery Limited and Sea Schedule Systems Limited on the pretext that the money represented the cost of clearing NAMA’s consignments.

Nigeria’s anti-corruption agency, Economic and Financial Crimes Commission (EFCC), arraigned Abdulsalam and his co-defendants in April 2016 for stealing money amounting to billions of naira.

In the charge, the EFCC alleged that on August 19, 2013, the accused conspired to induce NAMA to deliver the sum of N2.8 billion to Delosa Ltd, Air Sea Delivery Ltd and Sea Schedules Systems Ltd.

It was alleged that the delivery was under the pretence that the money represented the cost of clearing NAMA’s consignments.

It was also alleged that between January 2 and December 17, 2013, the defendants converted N191 million belonging to NAMA to personal use.

They were said to have also converted N728 million between 2013 and 2015, as well as other sums.

The offences contravene the provisions of Sections 8 (a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and are punishable under Section 1 (3).