Appeal Court upholds 10 years imprisonment for Ex-NEXIM Bank MD Orya
The appellate panel said prosecutors proved Orya diverted N2.4 billion through fraudulent loan awards and affirmed the lower court’s 10-year sentence.
- On Tuesday, the Court of Appeal in Abuja dismissed an appeal by former Nigeria Export-Import Bank Managing Director Roberts Orya, upholding his 10-year prison sentence for fraud.
- In February, the Federal Capital Territory High Court convicted Orya on 49 counts of obtaining money by false pretenses and forgery after the Economic and Financial Crimes Commission arraigned him in 2021.
- Prosecutors alleged Orya diverted N2.4 billion from NEXIM Bank through fraudulent loan awards to Treasure Mix Construction Limited and Luxurium Leisure Services Limited, often using non-existent beneficiaries.
- A three-member panel led by Judge Muhammed Danjuma unanimously affirmed the conviction, dismissing the appeal as "devoid of any merit" and confirming the 10-year jail term.
- Appointed in 2009 by then-President Umaru Yar'Adua and reappointed by President Goodluck Jonathan, Orya led the government-owned development institution until 2016 to support Nigeria's non-oil export sector.
16 Articles
16 Articles
Appeal Court affirms ex-NEXIM Bank MD, Orya’s 490 years jail term for N2.4b fraud
Justice Muhammed Danjuma of the Court of Appeal, Abuja on Tuesday, September 8, 2026, affirmed the conviction and sentence of a former Managing Director of Nigeria Export Import Bank, NEXIM, Robert Orya by Justice F.E. Messiri of the Federal Capital Territory (FCT), High Court, Abuja. Orya was convicted and sentenced
Orya’s 490-year Jail Term Over ₦2.4bn Fraud
The Genius Media NG Heartbreak As Appeal Court Affirms Ex-NEXIM MD Orya’s 490-year Jail Term Over ₦2.4bn Fraud Heartbreak As Appeal Court Affirms Ex-NEXIM MD Orya’s 490-year Jail Term Over ₦2.4bn Fraud Justice Muhammed Danjuma of the Court of Appeal, Abuja, has affirmed the conviction and sentence of a former Managing Director of Nigeria Export Import Bank (NEXIM), Robert Orya. The Genius Media Nigeria recalls that Orya had been sentenced to…
Appeal Court Affirms 490-Year Jail Term for Ex-NEXIM Bank MD Orya
The Court of Appeal in Abuja has affirmed the 490-year imprisonment handed to former Managing Director of the Nigeria Export-Import Bank (NEXIM Bank), Robert Orya, over a N2.4 billion fraud case. The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement posted on its X handle on Tuesday, September 8, 2026. Orya was […]
Appeal Court Upholds 490-Year Jail Term for Ex-NEXIM Boss Orya
Ghazali Ibrahim The Court of Appeal in Abuja has upheld the conviction and 490-year prison sentence handed down to former Managing Director of the Nigerian Export-Import Bank, Robert Orya, over a N2.4bn fraud case. The appellate court affirmed Orya’s conviction on all 49 counts brought against him by the Economic and Financial Crimes Commission. The […]
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