The Federal High Court in Abuja has sentenced a former Managing Director of the Nigeria Export-Import Bank (NEXIM) Robert Orya to a total of 490 years’ imprisonment over a N2.4 billion fraud.
Economic and Financial Crimes Commission (EFCC) confirmed the conviction in a statement shared on its official X handle on Thursday.
According to the EFCC, Justice F.E. Messiri of the Federal Capital Territory High Court, Abuja, found Orya guilty on all 49 counts filed against him and sentenced him to 10 years’ imprisonment on each count.
“The EFCC, today, February 5, 2026, secured the conviction of Robert Orya, a former Managing Director, Nigerian Export-Import Bank, NEXIM (2011–2016), for a fraud of about N2.4 billion,” the statement read.
“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 ten years’ imprisonment on each of the 49 count charges.”
The anti-graft agency said the prosecution proved its case beyond reasonable doubt, leading to Orya’s conviction on all the charges.
The EFCC had accused Orya of fraudulently diverting funds amounting to about N2.4 billion during his tenure as managing director of NEXIM Bank.
Justice Messiri, in his judgment, held that the evidence presented by the prosecution established the offences against the former bank chief.
Robert Orya served as managing director of NEXIM Bank between 2011 and 2016.
His conviction concludes a trial that followed investigations by the EFCC into alleged financial misconduct during his time at the bank.
