Orji Kalu Gets 12-Year Jail Term Over N7.65 Billion Fraud (DETAILS)

Orji Kalu Gets 12-Year Jail Term Over N7.65 Billion Fraud (DETAILS)

By Agency Reports on December 8, 2019
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Buhari Former Abia Governor Orji Uzor Kalu
Former Abia Governor Orji Uzor Kalu

The federal high court in Lagos has on Thursday, December 5, 2019, sentenced the former governor of Abia State, Orji Uzor Kalu to 12 years imprisonment after being found guilty on all the 39-count charges brought against him.

He was convicted of N7.65 billion fraud perpetuated when he was Abia State governor between 1999 and 2007.

Kalu was convicted alongside his firm, Slok Nigeria Limited and his former Abia State director of finance, Ude Udeogu.

The court also ordered forfeiture of all assets of his company to the federal government.

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

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

In one of the counts, the EFCC alleged that Kalu “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.”

The prosecution claimed that the N7.1 billion “formed part of the funds illegally derived from the treasury of the Abia State Government and which was converted into several bank drafts before they were paid into the said company’s account.”

Rotimi Jacobs, the prosecuting counsel, said the ex-governor violated Section 17(c) of the Money Laundering (Prohibition) Act, 2004, and was liable to be punished under Section 16 of the same Act.

Apart from the N7.1bn, which he was accused of laundering, the ex-governor and the other defendants were also accused of receiving a total of N460 million allegedly stolen from the Abia State Government treasury between July and December 2002.

The prosecutor said they breached Section 427 of the Criminal Code Act, Cap 77, Laws of the Federation of Nigeria, 1990.

The defendants had pleaded not guilty to all counts.

During the trial, the prosecution called 19 witnesses while the defendants testified by themselves.

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