N7 65bn fraud orji kalu convicted
A significant news update!
You're referring to the conviction of Orji Uzor Kalu, a former Governor of Abia State in Nigeria, for alleged fraud.
Here's a brief summary:
- Orji Uzor Kalu, a former Governor of Abia State (1999-2007), was convicted by the Federal High Court in Lagos on December 5, 2019, for fraud.
- The court found him guilty of diverting N7.1 billion (approximately $20 million) from the state's treasury during his tenure as Governor.
- The fraud was allegedly perpetrated through a company called Slok Nigeria Limited, which was owned by Kalu and his associates.
- The court sentenced Kalu to 12 years imprisonment, with an option of N10 billion fine.
The conviction was a result of a long-running investigation and trial by the Economic and Financial Crimes Commission (EFCC), Nigeria's anti-graft agency.
This conviction is significant not only because of the scale of the fraud but also because it sends a strong message that corruption will not be tolerated in Nigeria. It's a major victory for the EFCC and a step towards combating corruption in the country.
What would you like to know more about this case or corruption in Nigeria in general?