EFCC reportedly commences move to seize Orji Uzor Kalu’s properties

EFCC reportedly commences move to seize Orji Uzor Kalu’s properties

- EFCC has reportedly started marking properties belonging to Senator Orji Uzor Kalu

- The commission's move is in line with the Federal High Court judgement ordering the forfeiture of assets of a company belonging to Kalu to the federal government

- Recall that Kalu who is a former governor of Abia state and a current senator had been sentenced to 12 years imprisonment after being found guilty of N7.65bn fraud

The Economic and Financial Crimes Commission (EFCC) has reportedly commenced moves to seize some assets belonging to Senator Orji Uzor Kalu, a former Abia state governor.

According to PM News, the anti-graft commission commenced the move on Saturday, December 14, by marking properties belonging to Senator Kalu.

Legit.ng gathers that the EFCC's action is in a bid to seek reparation for the N7.65b Kalu was convicted of stealing from the Abia state treasury.

The marking of the properties is to ensure that the properties are not dissipated as the Federal High Court in Ikoyi, Lagos, had ruled that Kalu’s company, Slok Nigeria Limited, be wound up and all assets forfeited to the federal government.

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Earlier, Legit.ng reported that a Federal High Court sitting in Lagos, on Thursday, December 5, found Kalu guilty of N7.65 billion fraud.

The senator was found guilty with two others in the fraud.

Kalu’s co-defendants also found guilty are his firm, Slok Nigeria Limited and Udeh Udeogu, a former director of finance and accounts under him as governor.

The court presided over by Justice Mohammad Idris sentenced Orji Kalu to 12 years imprisonment.

The prison sentence also came with other multiple sentences between three and five years.

The other two defendants were slammed with multiple sentences between three and 10 years.

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Source: Legit.ng

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