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.
Vanguard reports that thee court convicted Kalu, now a senator, on all the 39 counts preferred against him by the Economic and Financial Crimes Commission charge.
Kalu was charged alongside a former Commissioner for Finance, in the state Jones Udeogo, and his company, Slok Nig. Ltd.
According to the newspapers, 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 Slok Nig. Ltd. be wound up and its assets forfeited to the Federal Government.
Full details later…