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EFCC Seized Orji Kalu's Newspaper Company

Yk khan

Dec. 14, 2019

Daily Sun Newspaper, a Nigerian daily publication belonging to Orji Kalu has been marked by the Economic and Financial Crimes Commission (EFCC) on Saturday.
The EFCC said the development is the beginning of marking seizure properties belonging to the former governor of Abia State, Orji Kalu.
According to a statement issued by the agency’s 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.
Last week, Mr Kalu, a senator representing Abia North, was sentenced to 12 years in prison for a N7.65 billion fraud.
"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."
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