Close Menu
    What's Hot

    Alleged $700,000 Fraud: First Defendant Told Me He Was PA to EFCC Chairman – Witness

    November 5, 2026

    Court Admits Statements, Video Recordings Against Alleged Coup Plotters, Fixes December 7 for Trial

    November 5, 2026

    NJC Suspends Three Judges for One Year Without Pay, Cautions Six Others

    November 4, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    RiteReports
    Subscribe
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    RiteReports
    Home»Judiciary»Appeal Court Affirms Ex-NEXIM Bank MD Orya’s 490-Year Jail Term for ₦2.4bn Fraud
    Judiciary

    Appeal Court Affirms Ex-NEXIM Bank MD Orya’s 490-Year Jail Term for ₦2.4bn Fraud

    Staff EditorBy Staff EditorSeptember 8, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Reddit Telegram LinkedIn Tumblr VKontakte WhatsApp Email
    Share
    Facebook Twitter Reddit Pinterest Email

    Justice Muhammed Danjuma of the Court of Appeal, Abuja, on Tuesday, September 8, 2026, affirmed the conviction and sentence of former Managing Director of the Nigeria Export-Import Bank (NEXIM), Robert Orya, by Justice F.E. Messiri of the Federal Capital Territory (FCT) High Court, Abuja.

    Orya was convicted and sentenced to 490 years’ imprisonment for bank fraud on Thursday, February 5, 2026.

    The convict was arraigned in 2021 by the Economic and Financial Crimes Commission (EFCC) on a 49-count charge bordering on obtaining money by false pretence, forgery, and advance fee fraud involving ₦2.4 billion.

    Dissatisfied with the judgment, he approached the appellate court for reprieve.

    Leading a three-member panel comprising Justices Ntong Festus Ntong and Ele Ejo Enenche, Justice Muhammed, in a unanimous judgment delivered on Tuesday, dismissed the appeal and affirmed the judgment of the trial court.

    Justice Muhammed stated: “I have considered all briefs filed by counsel and have gone through the record of the trial court and adopted it and the issues as formulated by this appellate court in resolving this appeal. I looked at each and every issue and in my final analysis, all the issues formulated for the determination of this appeal are resolved in favour of the respondent and against the appellant. This appeal is devoid of any merit and is hereby dismissed. The judgment of the High Court of the Federal Capital Territory delivered on February 5, 2026, in charge number FSC/SC/CS/487/2021 is hereby affirmed.”

    The trial judge, Justice Messiri, had earlier held that the prosecution proved its case beyond every reasonable doubt and found the defendant guilty as charged on all 49 counts.

    He sentenced Orya to 10 years’ imprisonment on each count, totalling 490 years. The sentences, however, are to run concurrently.

    The convict served as the Managing Director of NEXIM Bank between 2009 and 2016. He was appointed to the position on August 14, 2009, by the late President Umaru Yar’Adua and reappointed by former President Goodluck Jonathan on August 18, 2014.

    Share. Facebook Twitter Pinterest LinkedIn Reddit Email
    Previous ArticleFamily Petitions Tinubu Over Alleged Threat by Faleke, OORBDA to Eject It from Agidingbi Land
    Next Article Court Adjourns KC Luxury’s Detention Challenge as NDLEA Says Bail Possible
    Staff Editor
    • Website

    Related Posts

    Alleged $700,000 Fraud: First Defendant Told Me He Was PA to EFCC Chairman – Witness

    November 5, 2026

    Court Admits Statements, Video Recordings Against Alleged Coup Plotters, Fixes December 7 for Trial

    November 5, 2026

    NJC Suspends Three Judges for One Year Without Pay, Cautions Six Others

    November 4, 2026

    Kekere-Ekun to Chair Presentation of Pinheiro’s Six Legal Publications

    November 4, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Alleged $700,000 Fraud: First Defendant Told Me He Was PA to EFCC Chairman – Witness

    November 5, 2026

    Court Admits Statements, Video Recordings Against Alleged Coup Plotters, Fixes December 7 for Trial

    November 5, 2026

    NJC Suspends Three Judges for One Year Without Pay, Cautions Six Others

    November 4, 2026

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus aliquam nisi id viverra commodo. Nulla facilisi. Phasellus tincidunt leo nunc, id eleifend nibh euismod ut.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Alleged $700,000 Fraud: First Defendant Told Me He Was PA to EFCC Chairman – Witness

    November 5, 2026

    Court Admits Statements, Video Recordings Against Alleged Coup Plotters, Fixes December 7 for Trial

    November 5, 2026

    NJC Suspends Three Judges for One Year Without Pay, Cautions Six Others

    November 4, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 RiteReports
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.