A former acting Director General of the Nigerian Maritime Administration and Safety Agency, Calistus Obi, who is being tried for an alleged fraud of N136m, told the court on Monday that part of the money was channelled into the building of his hotel in Delta State.
He, however, said he had since refunded the sum after being held by the Economic and Financial Crimes Commission.
Obi said this before the Federal High Court in Lagos, where he is standing trial alongside Alu Dismas, who was a personal assistant to his (Obi’s) predecessor, Patrick Akpobolokemi.
The other defendants in the charge are two firms – Grand Pact Limited and Global Sea Investment.
Obi, who is the first defendant, was fielding questions from the EFCC prosecutor, Rotimi Oyedepo, on Monday.
Answering questions as to what became of the N136m, Obi said, “I used part of the money to build my hotel constructed by Seastroke International. But the money has since been refunded to the EFCC.
Culled: thepunchng.com