N7.65bn fraud: Court sentences Orji Kalu to 12 years in jail

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A Federal High Court in Lagos on Thursday sentenced a former Governor of Abia State, Orji Uzor Kalu, to 12 years in prison after being found guilty of 39 counts of N7.2 billion fraud and money laundering.

Kalu was charged alongside  Jones Udeogo, the state  Commissioner for Finance during his tenure as the governor.

Kalu’s company, Slok Nig. Ltd, was also a defendant in the suit.

While Kalu and his company were convicted on all the 39 counts of the fraud charge, Udeogo was found guilty of 34 counts.

Ruling, Justice Mohammed Idris sentenced Orji Kalu to 12 years in prison for N7.65 billion fraud.

The court also ordered that the Slok Nig. Ltd. Should  be wound up and its assets forfeited to the Federal Government

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