N7.2bn fraud: Kalu to file stay of execution, bail applications

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Lawyers of former governor of Abia State and Chief Whip of the Senate, Dr. Orji Uzor Kalu, have concluded arrangements to to file a stay of execution and bail pending appeal on his behalf following his conviction over charges of N7.2 billion fraud brought against him and two others by the Economic and Financial Crimes Commission (EFCC).

Justice Muhammed Idris of the Federal High Court, Lagos, in his judgment yesterday, convicted Kalu, former director of finance in Abia State, Jones Ude Udeogo, and a company, Slok Nigeria Ltd, on the alleged offences.

Reacting to the court’s judgment , one of Kalu’s lawyers, Chief Charles Ewelunta, confirmed that the legal team had obtained the Certified True Copy (CTC) and would study the judgment to guide the counsel in filing an appeal.

The counsel noted that before the appeal, the team will file applications for a stay of execution and bail pending appeal on Kalu’s behalf, which are permissible in law.

In his judgment, Justice Idris chronicled all counts and pronounced Kalu, Udeogu and Slok guilty.

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