Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Alleged N60.85bn Fraud: EFCC Arraigns Ex-Abia Governor, 4 Others
  • National News

Alleged N60.85bn Fraud: EFCC Arraigns Ex-Abia Governor, 4 Others

Admin February 28, 2025
FG vs ASUU

Judiciary symbol

Feb. 28, 2025

The Economic and Financial Crimes Commission, EFCC, on Friday arraigned former Abia State Governor, Theodore Ahamefule Orji, and 4 others before Justice Lilian Abai of the Federal High Court sitting in Umuahia, Abia State on a sixteen-count charge bordering on conspiracy, official corruption, stealing and diversion of public funds.

The others are: Engr. Chinedum Orji, Dr. Philip Nto, Onwumene King Obioma and Romanus K. Madu.

The offence contravenes Section 516 and 516(a) of the Criminal Code, Law of Abia State and punishable under the same Section of the same Act.

One of the count charges reads:
That you Chief Theodore Ahamefule Orji, ENGR. Chinedum Orji, Dr. Phillip Nto, Onwumene King Obioma and Romanus K. Madu, sometime between 2011 and 2015 in Umuahia, Abia State within the jurisdiction of this Honourable Court stole and converted a sum of N22,500,000,000.00 being the allocation to the Abia State Government as security votes and thereby committed an offence contrary to the provision of Section 390 (5) of the Criminal Code Law of Abia State.

Another count reads “That you, Chief
Theodore Ahamefule Orji, ENGR. Chinedum Orji, Dr. Phillip Nto, Onwumene King Obioma and Romanus K. Madu, sometime between 2010 and 2011 in Umuahia, Abia State within the jurisdiction of this Honourable Court
Conspired among yourselves to commit unlawful acts to wit, stealing and conversion of the sum of N12,000,000,000.00 being the funds due to Abia State from the Paris Club Refund and thereby committed an offence contrary to the provisions of Sections 516 and 516(a) of the Criminal Code Law of Abia State.

All the defendants pleaded “not guilty” to all the charges when they were read to them, following which prosecution counsel, Dr. Pinheiro SAN, prayed the court to fix a date for commencement of trial.

Counsel to 1st, 2nd, 3rd, 4th and 5th defendant, Bode Olanipekun, SAN, Chika Osolu Ojukwu, SAN, K.I Odeh, Oke Amaechi, SAN and Isaac Anya informed the court of their respective applications for the bail of the defendants.

Counsel to 1st defendant, Bode Olanipekun prayed the court to grant his client bail to enable him to stand trial. All other defence counsels made the same pleas before the court.

Justice Obai in her ruling, granted the defendants bail in the sum of Fifty Million Naira (N50,000,000.00) each, one surety in like sum, surety must have a landed property in Umuahia and must show evidence of Certificate of Occupancy.

Additionally, surety must depose an affidavit of means and deposit two recent passport photographs with the court.

Defendants must also deposit their international passports with the court registrar.

The judge adjourned the matter to June 18 and 19, 2025 for commencement of trial.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Dr. Philip Nto Engr. Chinedum Orji Lilian Abai Onwumene King Obioma Romanus K. Madu. Theodore Ahamefule Orji

Post navigation

Previous At NIES 2025, NLNG commits to cutting carbon emission for a net-zero future
Next NAFDAC blacklists Indian medical company, Aveo, producing addictive pills

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd PIA
  • Business & Economy

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd

July 21, 2026
Father Sues 27-Year-Old Daughter Over Marriage Delay Ecommerce
  • Metro News

Father Sues 27-Year-Old Daughter Over Marriage Delay

July 21, 2026
Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.