
Ex-NEXIM Bank chief gets 10 years for N2.4bn fraud
A former Managing Director of the Nigerian Export-Import Bank, Roberts Orya, has been sentenced to 10 years in prison for his role in a N2.4bn bank fraud case. Justice F. E. Messiri delivered the judgment on Thursday, February 5, 2026, after finding Orya guilty on 49 counts, including obtaining money by false pretences and forgery. The case involved fraudulent loan disbursements and abuse of office. The Economic and Financial Crimes Commission prosecuted the case, calling seven witnesses during the trial.
What we know
- The Federal Capital Territory High Court, Abuja, convicted and sentenced Roberts Orya to 10 years’ imprisonment for fraud involving N2.4bn.
- Justice F. E. Messiri delivered the judgment on February 5, 2026, after finding Orya guilty on all 49 counts.
- Orya was arraigned in 2021 by the Economic and Financial Crimes Commission on charges related to fraudulent loan disbursements.
- The court ordered that the 10-year sentences for each of the 49 counts should run concurrently.
- The EFCC stated that the judgment reaffirms its commitment to holding public officers accountable for economic crimes.