Court dismisses Kalu’s post conviction bail application

Justice Muhammed Liman of Federal High Court, Lagos, today, dismissed post conviction bail application, filed by Senator Orji Uzor Kalu, for lacking in merit. Justice Liman dismissed Kalu’s application, after ruling against all four issue raised for determination by the convicted former Governor of Abia State. Kalu alongside his company, Slok Nigeria Limited and his former Director of Finance, Udeh Jones Udeogu, were respectively convicted and sentenced to 12 and 10 years imprisonment by Justice Mohammed Idris. The sentencing the company, Justice Idris, now sitting at Appeal Court, ordered that…

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Court sentences Orji Kalu, others to 12 years imprisonment over N7.2bn fraud

A Federal High Court, Lagos, today, convicted and sentenced a former Governor of Abia State and Senate Chief whip, Senator Orji Uzor Kalu to a concurrent jail term of 12 years imprisonment over N7. 2 billion fraud. The Economic and Financial Crimes Commission (EFCC) for 12 years, prosecuted Kalu alongside his former Commissioner for Finance, Udeh Jones Udeogo, and his Company, Slok Nigeria Limited on the alleged offences. The EFCC had on October 31, 2016, made a 34 count-charge bordering on N3.2 billion fraud against the accused. The charges were…

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AMCON MD urges FG to convert Arik as National Carrier

Given the strategic and critical role the aviation sector plays in the development of the economy of any nation, managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru has called on the 9th National Assembly to reform the aviation sector, which would help local airline grow and attract many other investors that are denying Nigeria’s huge aviation business opportunity.   Kuru who made the call in Abuja on Monday when he appeared before the Senate Committee on Banking, Insurance and other Financial Institutions led by…

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Court resumes trial of Senator Orji kalu’s alleged N7.6bn fraud

A Federal High Court, Lagos, today, resumed hearing of the trial of former Abia State, Governor, Mr. Orji Uzor Kalu and two others, over alleged N7. 6 billion fraud, which had been stall for sometimes now, following the renewal of the fiat given by the President of the Court of Appeal Justice Buka shua to Justice Mohammed Idris to conclude the matter which is part heard. Orji, now a senator of the federal Republic of Nigeria, representing Abia North Senatorial district, is being tried before Justice Mohammed Idris, now an…

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