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ALLEGED FRAUD: Kalu knows fate December 5

Alleged N7.6bn fraud: Court revokes Orji Kalu's bail

A Federal High Court in Lagos on Monday adjourned till December 5, judgment in a fraud case involving a former Governor of Abia State, Orji Uzor Kalu, and two others.

The Economic and Financial Crimes Commission (EFCC) arraigned Kalu, a former Commissioner for Finance in the state, Ude Udeogo and a company, Slok Nigeria Limited for money laundering to the tune of N7.2 billion.

The judgement was not delivered on Monday as earlier slated because Justice Mohammed Idris was not available.

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The defendants were arraigned by the EFCC on a 39-count charge of fraud and money laundering.

However, they had pleaded not guilty to the charges and were granted bail.

Idris, who handled the case, had been elevated to the Court of Appeal.

He consequently conducted and concluded the trial by fiat.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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