Ex-Nigerian Export-Import Bank Boss Sentenced to 490 Years in Prison, Reason Emerges as Photo Trends

Ex-Nigerian Export-Import Bank Boss Sentenced to 490 Years in Prison, Reason Emerges as Photo Trends

  • Robert Orya has been convicted of a N2.4 billion fraud and sentenced to 490 years in prison
  • The EFCC had prosecuted Orya with 49 charges, leading to a significant legal outcome
  • Netizens are already discussing Orya's sentencing, sharing their opinions and reactions

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public affairs and governance in Nigeria and Africa.

FCT, Abuja - The Economic and Financial Crime Commission (EFCC), on Thursday, February 5, secured the conviction of Robert Orya, a former managing director (MD) of the Nigerian Import Export Bank (NEXIM), for alleged fraud of about N2.4 billion.

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Legit.ng reports that Orya, who was prosecuted by EFCC’s Samuel Ugwuegbulam, was convicted by Justice F.E. Messiri of the FCT High Court, Abuja and sentenced to 10 years imprisonment on each of the 49 count charges.

EFCC records boost against corruption as EX-MD NEXIM Bank Robert Orya gets 490 years prison sentence.
EX-MD NEXIM Bank Robert Orya gets 490 years jail over alleged N2.4 billion fraud amid EFCC prosecution. Photo credits: @NigeriaStories, @officialEFCC
Source: Twitter

This means he has been sentenced to 490 years in prison.

Orya's sentencing has sparked widespread discussion on X (formerly Twitter), with many Nigerians weighing in on the development.

Orya's image can be seen below via X.

Robert Orya's profile

Orya is an honorary president of the Global Network of Export-Import Banks and Development Finance Institutions.

A businessman, banker, and management consultant, the Benue-born finance expert is an alumnus of the University of Ibadan (UI).

Former NEXIM Bank MD Robert Orya gets 490 years prison sentence by Abuja court over N2.4 billion fraud.
Abuja court sentences former NEXIM Bank MD Robert Orya to 490 years for N2.4 billion fraud. Photo credit: @officialEFCC
Source: Twitter

X users' reactions to Orya's sentencing

@Classic_Wife wrote:

"Nigerians are watching 490 years handed out for 2.4 billion and thinking… Wait, we’re really playing catch-up in this national stealing league? It’s like every public office comes with a scoreboard, and the only rule is: don’t get caught. Meanwhile, the rest of us are just watching the high score list grow.
"Honestly, at this point, corruption feels less like a crime and more like a sport Nigerians train for from birth. And Orya? Just lost his championship streak."

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Public commentator Japheth Omojuwa wrote:

"Lawyers, isn’t 490 years worse than a ‘life sentence’? Because it looks to me like even after he dies, government will keep his body for another 400 years or so."

@rareAURA9 commented on X:

"The EFCC is finally showing some teeth. For too long, bank MDs have treated taxpayer money like a personal ATM while small businesses struggle to get a 1M loan."

Court sentences MD to prison

In the same vein, Justice M.S. Abubakar of the Federal High Court, Makurdi, sentenced the MD of Builderstech Solution Limited, Agene Johnson Godwin, to 48 years imprisonment without option of fine for defrauding over 5,000 unsuspecting victims to the tune of over N500,000,000.

Johnson was convicted on an amended 8 count charge brought against him by the EFCC.

Godwin was found to have collected funds from members of the public under false pretences, promising high and unrealistic returns on investment.

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Read more EFCC news:

EFCC arrests Kannywood star

Legit.ng earlier reported that the Kano zonal directorate of the EFCC arrested a Kannywood star, Samha Inuwa, over alleged naira mutilation.

Inuwa was arrested following a viral video circulated on social media platforms where she was seen conspicuously cleaning mucus from her nose using Naira notes.

Proofreading by James Ojo, copy editor at Legit.ng.

Source: Legit.ng

Authors:
Ridwan Adeola Yusuf avatar

Ridwan Adeola Yusuf (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.