N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

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N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

A Federal High Court in Lagos on Thursday sentenced a former Governor of Abia State, Orji Uzor Kalu, to 12 years in prison after being found guilty of 39 counts of N7.2 billion fraud and money laundering.

Kalu was charged alongside Jones Udeogo, the state Commissioner for Finance during his tenure as the governor.

Kalu’s company, Slok Nig. Ltd., was also a defendant in the suit.

While Kalu and his company were convicted on all the 39 counts of the fraud charge, Udeogo was found guilty of 34 counts.

Ruling, Justice Mohammed Idris sentenced Orji Kalu to 12 years in prison for N7.65 billion fraud.

The court also ordered that the Slok Nig. Ltd. Should be wound up and its assets forfeited to the Federal Government

N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

A Lagos Division of the Federal High Court, on Thursday, sentenced a serving senator and ex-governor of Abia State, Orji Kalu, to 12 years in prison for N7.65 billion fraud.

Justice Mohammed Idris who delivered the sentence had earlier declared him guilty of the charge in the case that had been on for 12 years.

Mr Kalu was tried alongside his company, Slok Nigeria Limited, and Udeh Udeogu, who was Director of Finance and Accounts at the Abia State Government House during Mr Kalu’s tenure as governor.

In an amended 39 counts charge, they were accused by the Economic and Financial Crimes Commission of conspiring and diverting over N7 billion from the coffers of the state.

In one of the counts, the EFCC alleged that Mr Kalu, who was Abia State Governor between 1999 and 2007, “did procure Slok Nigeria Limited – a company solely owned by you and members of your family – to retain in its account, domiciled with the then Inland Bank Plc, Apapa branch, Lagos, an aggregate sum of N7,197,871,208.7 on your behalf.”

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