A Federal Capital Territory (FCT) High Court sitting in Abuja has sentenced a former managing director of the Nigerian Export-Import Bank (NEXIM), Robert Orya, to a cumulative 490 years’ imprisonment over fraud-related offenses.
Orya was convicted on Thursday after the court found him guilty of multiple charges filed against him by the Economic and Financial Crimes Commission (EFCC).
The former NEXIM boss, who led the bank between 2011 and 2016, was prosecuted by EFCC counsel, Samuel Ugwuegbulam, over allegations bordering on the misappropriation of N2.4 billion.
Delivering judgment, Justice F. E. Messiri convicted Orya on all 49 counts preferred against him and sentenced him to 10 years’ imprisonment on each count.
However, the court ordered that all the sentences should run concurrently.
Recall that in 2024, former President Goodluck Jonathan reappointed Orya as Managing Director of NEXIM.
