News Update
A Federal Capital Territory (FCT) High Court sitting in Abuja has sentenced Robert Orya, the former Managing Director of the Nigerian Export-Import Bank (NEXIM), to a cumulative 490 years in prison.
The landmark judgment, delivered on Thursday, 5 February 2026, concludes a high-profile prosecution involving the misappropriation of ₦2.4 billion during Orya’s tenure between 2011 and 2016.
Justice F.E. Messiri found Orya guilty on all 49 counts brought forward by the Economic and Financial Crimes Commission (EFCC).
The charges bordered on criminal breach of trust, official corruption, impersonation, and the fraudulent diversion of public funds.
The court sentenced the convict to 10 years for each count, resulting in one of the most significant prison terms ever imposed on a former head of a government-owned financial institution in Nigeria.
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