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July 30, 2007
Bail: Orji Kalu knows fate tomorrow
Former governor of Abia State Mr. Orji Uzor Kalu would tomorrow know whether he would continue to be remanded in prison custody as a Federal High Court sitting in Abuja decides his bail application.
By YAHAYA TAIDI, Abuja
Justice Binta Nyako gave this indication after counsel to both parties had adopted their written addresses filed earlier in the court.
Mr. Livy Uzoukwu, Kalus lead counsel told news men: Orji came to justice, justice did not come to him. He was abroad and came on his own. He would have stayed abroad but he came on his own without evading justice. On that note he should be granted bail.
In a brief filed earlier at the court, the Economic and Financial Crimes Commission (EFCC) alleged that Mr. Kalu used one hundred and six cheques of Abia state government to illegally transfer N3 billion into Slok Nigeria Limited. The brief filed by one Chile Okoroma of the legal and prosecution unit of the EFCC indicated that Mr. Kalu was in hand in glove with one Emek a Abone and Eunice Agwu who are both at large and conspired and transferred funds 31 times from Abia State government account in Manny Bank to Slok Nigeria Limited account in Inland Bank.
In the same vein Kalu transferred large amounts of money from the state government account in Spring Bank 31 times to Slok Nigeria Limited account at inland Bank.
A large proportion of the alleged fraudulent transfers was carried out with United Bank for Africa where the former governor transferred money 44 times to Slok company account.
A total of 106 cheques was allegedly used to transfer a sum total of N3 billion naira into his private company account.
A plethora of Kalus kinsmen including some traditional rulers who came to witness the proceedings yesterday vehemently kicked against government decision to freeze the accounts of his companies before the determination of the matter.
Posted by Publisher at July 30, 2007 08:49 AM
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