The Economic and Financial Crimes Commission (EFCC) on Saturday began marking for seizure properties belonging to the former governor of Abia State, Orji Kalu.

According to a statement issued by the agency’s spokesperson, Wilson Uwujaren, the action came following an order by a Lagos Division of the Federal High Court to wound up assets belonging to Mr Kalu’s company, Slok Nigeria Ltd.

Last week, Mr Kalu, a senator representing Abia North, was sentenced to 12 years in prison for a N7.65 billion fraud.

Read EFCC statement below

EFCC Press Release
N7.65bn Fraud: EFCC Marks Ex-Abia Gov, Orji Kalu’s Properties

The Economic and Financial Crimes Commission, EFCC, on Saturday,
December 14, 2019, marked properties belonging to a former Abia State governor, Orji Uzor Kalu.

The marking is to ensure that the properties are not dissipated, following the December 5, 2019 order of Justice Muhammed Idris sitting at the Federal High Court in Ikoyi, Lagos that Kalu’s company, Slok Nigeria Limited, be wound up and all assets forfeited to the Federal Government.

Kalu, who is the Senator representing Abia North in the National Assembly, had been arraigned alongside his company, Slok Nigeria Limited and Udeh Udeogu, his Director of Finance and Accounts at the Abia State Government House, over an amended 39-count charge bordering on conspiring and diverting the sum of N7.65bn from the coffers of the state.

The defendants pleaded not guilty to the charge preferred against them by the EFCC, thereby leading to their full trial.

In the course of the trial, the prosecution counsel, Rotimi Jacobs, SAN, called 19 witnesses and tendered several documents that were admitted in evidence by the court.

The defendants, however, testified on behalf of themselves during the trial.
The parties, during the proceedings on Tuesday, October 22, 2019, adopted their final written addresses.

In his final submission, the prosecution counsel, Jacobs, urged the judge to jail the defendants, saying the prosecution had proved the allegations against them.

Jacobs also urged the court to wind up the company as provided by the Law and all its assets forfeited to the Federal Government.

However, the defence counsel urged the court to “dismiss the charges, acquit and discharge” their clients.
Delivering his judgment, Justice Idris found the defendants guilty on all counts.

Justice Idris held that the prosecution had established its case against the defendants.

The Judge further held that “the case was conclusively investigated, as the prosecution conducted thorough investigations.”
Justice Idris, therefore, convicted and sentenced the first defendant, Kalu to five years imprisonment on counts 1, 2, 3, 4, 6, 7, 8, 9, 10 and 11; three years on counts 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33; 12 years on counts 34, 35, 36, 37 and 38 and five years on count 39.

The second defendant was convicted and sentenced to three years imprisonment on counts 24, 25, 27, 28, 30, 31, 32 and 10 years on counts 34, 37, 38 and 39.

Justice Idris further held that “In respect of the third convict, Slok Nigeria Limited, an order is hereby made that the company shall hereupon and without further assurances, but for this order, be wound up and all its assets and properties forfeited to the Federal Government of Nigeria.”

slimfit1:
Employments people who is going to employ them now.

seankafor:
Thays why many prefer to loot outside the country..

We all know 80% of this goddamn citizens will steal and cheat at the slightest opportunity.. let's not pretend bullshits cos it's the internet..

Been through church institutions, sec and university institutions, everywhere fraud takes place..

Banks habour the highest frauds..

Niggas into cyber fraud..

Legit guys extorting and hiking exorbitant prices..

Common fvck da justice shiit..no one is a saint..

Efcc cramp my nigga, and extort the nigga 2mil.. other niggas wey no meet up, dem arraign dem for papers and TV..

Fvck..I love naija.. I am well evolved to these shiits..

Am used to corruption and God help me at the slightest opportunity, ama fvck the next client up

voltron14:


Abeg make una look picture of person wey dey talk.

seankafor:
dawg.. that's my face yo dig.. ain't faking shiits and fvck what yall fvckers thinking...

Am done with this fvcking thread..

voltron14:


If he hadn't been embezzling state funds for his private use, many more would have been employed.

The law has no time to look at who else loses but the complainant.

enemybulldozer:
That is the more reason why EFCC should probe tinubu's embezzlement of Lagos state funds especially, that of the bullion van.

Am saying this because many unemployed people would have been employed as you said or, what do you think

Racoon:
Good! Femi Adeshina was an editor of the SUN Newspapers so what becomes of him? Gone are the days when he has a conscience.

solmusdesigns:




yamree go hear am before 2023, Airpeace would soon become Nigerian Airways


..

solmusdesigns:




yamree go hear am before 2023, Airpeace would soon become Nigerian Airways


..

The END of the Beginning ......

slimfit1:
Employments people who is going to employ them now.