Skip to content
September 10, 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
  • Breaking News
  • Orji Kalu bags 12 years jail term for N7.2 billion fraud
  • Breaking News

Orji Kalu bags 12 years jail term for N7.2 billion fraud

Admin December 5, 2019
OUK formula

Orji Uzor Kalu

Orji Uzor Kalu

A Federal High Court in Lagos on Thursday sentenced a former Governor of Abia, Orji Kalu, to 12 years’ imprisonment for N7.2 billion fraud and money laundering.

The court convicted Kalu,  now a senator,  on all the 39 counts preferred against him by the Economic and Financial Crimes  Commission.

Kalu was charged alongside a former Commissioner for Finance, in the state Jones Udeogo, and his company, Slok Nig. Ltd.

While Kalu and his company were found guilty of all the 39 counts,  Udeogo was convicted on 34 counts and sentenced to 10 years’ imprisonment.

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

Apart from the N7.1billion, the ex-governor and the other defendants were also accused of receiving a total of N460million 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 pleaded not guilty to all counts.

During the trial, the prosecution called 19 witnesses while the defendants testified on behalf of themselves.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: EFCC Jones Udeogo Orji Uzor Kalu Slok Nig. Ltd

Post navigation

Previous WHO says Nigeria recorded highest rate of global malaria cases in 2018 
Next Release Sowore within 24 hours, court orders EFCC

Related Stories

Landmark $1B Underwriting Deal Paves Way for Record-Breaking Dangote Refinery IPO refinery
  • Breaking News
  • National News

Landmark $1B Underwriting Deal Paves Way for Record-Breaking Dangote Refinery IPO

August 18, 2026
BREAKING: Jubilation as Adeleke wins Osun election by 511,067 votes
  • Breaking News

BREAKING: Jubilation as Adeleke wins Osun election by 511,067 votes

August 16, 2026
BREAKING: Tinubu directs EFCC to vacate the court order freezing Osun account, calls Gov Adeleke
  • Breaking News

BREAKING: Tinubu directs EFCC to vacate the court order freezing Osun account, calls Gov Adeleke

August 6, 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

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy
  • National News

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy

September 10, 2026
The Amupitan you do not know, by Ray Umokoro
  • Commentaries

The Amupitan you do not know, by Ray Umokoro

September 10, 2026
Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections
  • International News

Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections

September 10, 2026
Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll
  • Politics

Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll

September 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.