A Federal Capital Territory (FCT) High Court has sentenced the former Managing Director of the Nigerian Export-Import Bank (NEXIM), Robert Orya to 490 years in prison for defrauding the bank of ₦2.4 billion. Orya, who led NEXIM from 2011 to 2016, was prosecuted by the Economic and Financial Crimes Commission (EFCC), represented by Samuel Ugwuegbulam. He was convicted on all 49 counts filed against him by Justice F.E. Messiri on Thursday, February 5, 2026. The judge handed down a 10-year sentence for each count, cumulating in a total of 490…
Read MoreEx-NEXIM Bank MD, Orya jailed 490yrs over ₦2.4bn fraud
