Breaking: Court Sentences Former NEXIM Bank MD, Robert Orya, to Jail Over ₦2.4bn Fraud

By Iyojo Ameh

A Federal Capital Territory (FCT) High Court in Abuja has convicted and sentenced a former Managing Director of the Nigerian Export-Import Bank (NEXIM), Robert Orya, over a ₦2.4 billion fraud.

The conviction was secured on Thursday by the Economic and Financial Crimes Commission (EFCC) following Orya’s trial on a 49-count charge bordering on fraud and related offences.

Justice F.E., who delivered the judgment, sentenced Orya to 10 years’ imprisonment on each of the counts after finding him guilty as charged.
Orya headed NEXIM Bank between 2011 and 2016.

He was prosecuted by EFCC counsel, Samuel Ugwuegbulam.
Further details on the judgment are awaited.