11 June 2018

Nigeria: EFCC to Investigate Global West Vessel Specialist

Fresh ownership crisis is rocking Global West Vessel Specialist Nigeria Limited (GWVSNL) that handled the suspended maritime security contract.

LEADERSHIP learnt the bubble burst recently in the company because the children of Late Captain Romeo Itima, the founder of the company has called on the Economic and Financial Crimes Commission (EFCC) to thoroughly investigate the finances of the company after the death of their father over financial impropriety.

It was gathered the children who alleged compromise over the death of their father, who died when he went out on a routine patrol for a test run of the firm's newly acquired boat at Escravos, Delta state urged EFCC to investigate financial impropriety against their uncle, Winifred Itima who has been running the company since the death of their father.

The children who spoke through Kevin Itima, one on the children at the viewing of a documentary tagged 'Price of a dream' in honour of the late captain in Lagos over the weekend said their father had a share of over 50 percent before his death in GWVSL.

Kevin further alleged that his uncle has been withdrawing cash in large amounts from the company's accounts into his personal account.

He also alleged that majority shares of the Global West Company are now being diverted to Capt Winfred which according to him does not follow due process.

According to him, the family is weighing the option of formally inviting the EFCC to establish a criminal case against Winifred itima.

"We call EFCC to investigate because as far as the ownership and the family is concerned, we didn't authorize anyone to take that amount taken into their account. We believed MD is paid salary and allowances but if he wishes to be part of the ownership he should buy shares to join the ownership."

Nigeria

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