Latest
Ex-NEXIM Bank Boss Slammed With Sh*cking 490-Year Jail Term Over ₦2.4bn Fraud
A High Court of the Federal Capital Territory in Abuja has sentenced Robert Orya, a former Managing Director of the Nigerian Export-Import Bank (NEXIM), to a cumulative 490 years in prison 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 after 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, corruption, and abuse of office during his tenure as NEXIM’s chief executive.
The court imposed a 10-year prison term on each count, resulting in a total sentence of 490 years.
The offences were linked to financial transactions carried out between 2011 and 2016, when Orya served as managing director of the bank.
The EFCC accused him of exploiting his position to divert public funds, unlawfully obtaining substantial sums from NEXIM and engaging in multiple acts of financial misconduct.
Orya was first arraigned before the FCT High Court on November 25, 2021.
According to SaharaReporters, the charges included criminal breach of trust, impersonation, misappropriation, 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 through illegal transactions executed under Orya’s leadership.
Terror Funding Allegations: Federal Government Reacts To US Blacklisting Of Nigerians
Senate Drama: Lawmakers Bar Gbajabiamila, Governors And Ministers From Chamber
No Mercy For Terror Convicts: Court Sentences Three To Death In DSS-Prosecuted Case
Viral Video Fuels Speculation After Spence Appears To Blank Partey
PDP’s Big Reveal: Jonathan Leads The Charge as 21 Governorship Candidates Get Certificates
Family Speaks: How General Abubakar Died, Reveals Wife Still In Bandits’ Captivity
Sh*cking Police Shake-Up As Oyigbo DPO Is Removed Over ₦500,000 Bribery Allegation
Dollar To Naira Sh*ck: Fresh Exchange Rate Revealed For June 21, 2026
Etinosa Reacts To Viral Concerns About Her Neck Size, Says She Is Healthy
