By Obinna Uballa
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Robert Orya, former Managing Director of the Nigerian Export-Import Bank (NEXIM), over a massive fraud of approximately N2.4 billion.
A statement by the anti corruption agency said Orya, who helmed NEXIM between 2011 and 2016, was prosecuted by EFCC lawyer Samuel Ugwuegbulam. On Thursday, February 5, 2026, Justice F.E. Messiri of the FCT High Court, Abuja, convicted him on all 49 counts brought against him.
The court sentenced Orya to 10 years imprisonment for each count, effectively amounting to 490 years in prison.
It is not yet clear if he is to serve the terms concurrently.
This landmark judgment underscores the EFCC’s continued commitment to tackling high-level financial crimes in Nigeria and holding former public officials accountable for corruption and misappropriation of public funds.
More details later…
