• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Sunday, November 1
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      Tompolo, Adeleke, Oyetola, Target 1.5 Million Votes For Tinubu

      Politics October 31, 2026
      Recent

      Tompolo, Adeleke, Oyetola, Target 1.5 Million Votes For Tinubu

      October 31, 2026

      Intimate Affairs: When Men Go Hunting, By Funke Egbemode

      October 31, 2026

      From reforms to delivery: Our infrastructure investment and growth strategy

      October 30, 2026
    1. News
      1. Photo News
      Featured

      ICPC recovers 400 tricycles allegedly withheld by lawmaker

      News October 31, 2026
      Recent

      ICPC recovers 400 tricycles allegedly withheld by lawmaker

      October 31, 2026

      Two men arrested over alleged ATM card swap in bank

      October 31, 2026

      Osolo Stool: I’m The Duly Elected Osolo, Prince Jimmy Yekini-Goloba Tells Court

      October 31, 2026
    2. Politics
        Featured

        Tompolo, Adeleke, Oyetola, Target 1.5 Million Votes For Tinubu

        Politics October 31, 2026
        Recent

        Tompolo, Adeleke, Oyetola, Target 1.5 Million Votes For Tinubu

        October 31, 2026

        Atiku charges INEC to name register culprits, expose election contractors

        October 30, 2026

        Alli Salutes ‘Pillar of Oyo APC’, Folarin at 63

        October 30, 2026
      1. Business
          Featured

          Rebuilding Public Trust in Government Borrowing: The Case for Scaling Up Sukuk Financing in Nigeria

          Business October 31, 2026
          Recent

          Rebuilding Public Trust in Government Borrowing: The Case for Scaling Up Sukuk Financing in Nigeria

          October 31, 2026

          Over 74.4% of households back govt’s right to collect taxes –NESG Survey

          October 29, 2026

          Dangote Refinery IPO Attracts Investors From 120 Countries

          October 28, 2026
        1. Crime & Security
            Featured

            Two men arrested over alleged ATM card swap in bank

            Crime & Security October 31, 2026
            Recent

            Two men arrested over alleged ATM card swap in bank

            October 31, 2026

            Police uncover over 30 decomposed bodies after bandits’ attack

            October 31, 2026

            Fake soldier attacks factory owner, steals vehicle

            October 31, 2026
          1. Sports
              Featured

              Nigeria vs Venezuela Q/Final Clash: Flamingos Coach Not Afraid To Tweak Team If….

              Sports October 31, 2026
              Recent

              Nigeria vs Venezuela Q/Final Clash: Flamingos Coach Not Afraid To Tweak Team If….

              October 31, 2026

              Awoniyi scores first Premier League goal for Coventry City in Sunderland win

              October 31, 2026

              EPL: Chelsea overcome Man United in Stamford Bridge showdown

              October 31, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » N7.65bn Fraud: EFCC Marks Sun Newspaper, Other Properties of Ex-Gov. Kalu
            News

            N7.65bn Fraud: EFCC Marks Sun Newspaper, Other Properties of Ex-Gov. Kalu

            techBy techDecember 14, 2019No Comments3 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Share
            Facebook Twitter LinkedIn Pinterest Email

            Following the ruling of Justice Mohammed Idris of the Federal High Court, Ikoyi, Lagos, the Economic and Financial Crimes Commission, EFCC, on Saturday, December 14, 2019, commenced marking of properties belonging to a former Abia State governor, Orji Uzor Kalu.
            According to EFCC spokesperson, Wilson Uwajuren, the marking is to ensure that the properties are not dissipated, following the December 5, 2019 order of Justice Muhammed Idris sitting at the Federal High Court in Ikoyi, Lagos that Kalu’s company, Slok Nigeria Limited, be wound up and all assets forfeited to the Federal Government.
            Kalu, who is the Senator representing Abia North in the National Assembly, had been arraigned alongside his company, Slok Nigeria Limited and Udeh Udeogu, his Director of Finance and Accounts at the Abia State Government House, over an amended 39-count charge bordering on conspiring and diverting the sum of N7.65bn from the coffers of the state.
            The defendants pleaded not guilty to the charge preferred against them by the EFCC, thereby leading to their full trial.
            In the course of the trial, the prosecution counsel, Rotimi Jacobs, SAN, called 19 witnesses and tendered several documents that were admitted in evidence by the court.
            The defendants, however, testified on behalf of themselves during the trial.The parties, during the proceedings on Tuesday, October 22, 2019, adopted their final written addresses.
            In his final submission, the prosecution counsel, Jacobs, urged the judge to jail the defendants, saying the prosecution had proved the allegations against them.
            Jacobs also urged the court to wind up the company as provided by the Law and all its assets forfeited to the Federal Government.
            However, the defence counsel urged the court to “dismiss the charges, acquit and discharge” their clients.Delivering his judgment, Justice Idris found the defendants guilty on all counts.
            Justice Idris held that the prosecution had established its case against the defendants.
            The Judge further held that “the case was conclusively investigated, as the prosecution conducted thorough investigations.”Justice Idris, therefore, convicted and sentenced the first defendant, Kalu to five years imprisonment on counts 1, 2, 3, 4, 6, 7, 8, 9, 10 and 11; three years on counts 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33; 12 years on counts 34, 35, 36, 37 and 38 and five years on count 39.
            The second defendant was convicted and sentenced to three years imprisonment on counts 24, 25, 27, 28, 30, 31, 32 and 10 years on counts 34, 37, 38 and 39.
            Justice Idris further held that “In respect of the third convict, Slok Nigeria Limited, an order is hereby made that the company shall hereupon and without further assurances, but for this order, be wound up and all its assets and properties forfeited to the Federal Government of Nigeria.”

            EFCC Orji Kalu
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleMakinde approves N300m for Ibadan Poly for accreditation, capital projects
            Next Article Sokoto state set to domesticate child protection law
            tech

              Related Posts

              ICPC recovers 400 tricycles allegedly withheld by lawmaker

              October 31, 2026

              Two men arrested over alleged ATM card swap in bank

              October 31, 2026

              Osolo Stool: I’m The Duly Elected Osolo, Prince Jimmy Yekini-Goloba Tells Court

              October 31, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • ICPC recovers 400 tricycles allegedly withheld by lawmaker
              • Two men arrested over alleged ATM card swap in bank
              • Osolo Stool: I’m The Duly Elected Osolo, Prince Jimmy Yekini-Goloba Tells Court
              • Police uncover over 30 decomposed bodies after bandits’ attack
              • Youths storm checkpoint, recover N4,200 allegedly extorted by police

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

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