Connect with us

latest

Ex-NEXIM Bank MD Sentenced To 490-Year Imprisonment Over ₦2.4 Billion Fraud.

Published

on

A Federal Capital Territory High Court in Abuja has sentenced former Managing Director of the Nigerian Export-Import Bank (NEXIM), Robert Orya, to a cumulative 490 years’ imprisonment over a ₦2.4 billion fraud case.....KINDLY READ THE FULL STORY HERE▶

The verdict was delivered on Thursday, February 5, 2026, by Justice F. E. Messiri, following a prolonged trial instituted by the Economic and Financial Crimes Commission (EFCC).

Orya was convicted on all 49 counts filed against him, which bordered on fraud and abuse of office during his tenure as head of the bank. The court imposed a 10-year jail term on each count, amounting to a total of 490 years.

ECOWAS Parliament To Hold Second Extraordinary Session In Kano

The offences were linked to financial transactions carried out while Orya served as NEXIM’s managing director between 2011 and 2016.

The EFCC had accused the former bank chief of exploiting his position to divert public funds. Investigators alleged that he illegally obtained large sums of money from the bank and engaged in multiple acts of corruption and financial misconduct.

Lagos Politics Heats Up: Hamzat Steps Up Power Moves As Ambode Eyes Return.

Orya was first arraigned before the FCT High Court on November 25, 2021. The charges included criminal breach of trust, impersonation, misappropriation of funds, official corruption, fraud, and abuse of office.

Prosecutors told the court that part of the case involved the alleged diversion of over ₦1.3 billion from NEXIM Bank through several unlawful transactions executed under Orya’s leadership.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Advertisement

latest

Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.

Published

on

A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

The demonstrators reportedly gathered outside the parliamentary complex, expressing dissatisfaction with the leadership of the electoral body in Nigeria and demanding immediate action.

Kano Governor Poised To Dump Kwankwaso, NNPP For APC In Dramatic Political Shake-Up.

They insisted that the INEC chairman should be removed, alleging concerns over credibility and trust in the electoral process as the country prepares for the next election cycle.

El-Rufai Was Reckless, Brutal – He Can’t Question Due Process’ – Odinkalu.

The protest drew attention from passersby and security personnel, as the group maintained their position that electoral reforms and leadership changes were necessary to restore public confidence.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

“My Nightclubs Are The Least Of What I Do” — Sir Uyi Fires Back At Critics.

Published

on

Sir Uyi has responded strongly to critics of his involvement in nightclub businesses, insisting that such ventures represent only a small part of his wider activities.....KINDLY READ THE FULL STORY HERE▶

In a firm reaction to recent criticism linked to Vaniti, he stated that people are focusing too much on his nightlife businesses while ignoring other aspects of his work and achievements.

El-Rufai Was Reckless, Brutal – He Can’t Question Due Process’ – Odinkalu.

He stressed that his nightclub operations do not define his entire identity or professional portfolio, adding that he is involved in several other ventures beyond entertainment and hospitality.

According to him, the criticism reflects a narrow perception of what he does, and he believes his broader contributions are being overlooked.

Lagos LG Polls: APC Accused of Rigging Machinery as Election Nears

Sir Uyi maintained that he remains focused on his various commitments despite public scrutiny surrounding his nightlife business interests.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

Shock In Benue As Police Nab Seven Over Abduction Of JAMB Candidates.

Published

on

The Benue State Police Command has confirmed the arrest of seven suspected militia herdsmen in connection with the abduction of passengers travelling in an 18-seater Benue Links bus along the Makurdi–Otukpo road last Wednesday.....KINDLY READ THE FULL STORY HERE▶

The victims, which included candidates of the Joint Admissions and Matriculation Board (JAMB) heading to Otukpo for their examinations, have all been successfully rescued.

Speaking while briefing Governor Hyacinth Alia in Makurdi during the presentation of the freed victims, the Commissioner of Police, Ifeanyi Emenari, said the rescue operation was achieved through coordinated efforts of multiple security agencies.

He explained that five of the abducted passengers were first released, while the remaining 13 were rescued on Sunday morning without injuries.

Lagos LG Polls: APC Accused of Rigging Machinery as Election Nears

According to him, the combined pressure from security forces, supported by the state government and the Inspector-General of Police, led to the successful outcome of the operation.

Emenari further disclosed that eight suspects are currently in custody, adding that seven of them are strongly linked to the kidnapping incident, with some victims already identifying them.

He also noted that clearance operations have begun across forest areas in the state to flush out criminal groups, in line with directives from security authorities.

Governor Hyacinth Alia, while receiving the rescued passengers, expressed concern over rising cases of kidnapping in the state but welcomed the safe return of all 18 victims.

TikToker Murja Kunya Sentenced to Six Months for Naira Abuse in Kano

He confirmed that among those rescued were eight candidates on their way to write examinations, and called on the Joint Admissions and Matriculation Board (JAMB) to reschedule the affected exams for them.

The governor assured that the state government remains committed to supporting the victims and strengthening security across Benue State, while also urging residents to provide credible information to security agencies.

He further directed the state health authorities to conduct medical evaluations for all rescued persons and promised government support for those affected.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

Trending

Copyright © 2023 NIVONEWS

×