EFCC marks Orji Kalu’s Sun newspaper, other properties for seizure

Properties belonging to the former Abia State Governor, Orji Kalu have been marked for seizure by the The Economic and Financial Crimes Commission (EFCC).

The antigraft agency stated in a statement signed by its spokesperson, Wilson Uwujaren, the action came following an order by a Lagos Division of the Federal High Court to wound up assets belonging to Mr Kalu’s company, Slok Nigeria Ltd.

The move comes after Mr Kalu, a senator representing Abia North, was sentenced to 12 years in prison for a N7.65 billion fraud.

The statement reads, “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.

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