Close Menu
PRIMA NEWSPRIMA NEWS
    What's Hot

    MIDDLE EAST LIVE 20 April: Uncertainty grows in the Strait of Hormuz

    April 20, 2026

    Economic Success and Governance Failure: What Matters Most?

    April 20, 2026

    Apple CEO Tim Cook to step down, John Ternus to take over

    April 20, 2026
    Facebook X (Twitter) Instagram
    PRIMA NEWSPRIMA NEWS
    Facebook X (Twitter) Instagram
    Subscribe
    • Home
    • News
      • Politics
        • Politics
        • World Politics
      • World News
        • Africa
        • Asia Pacific
        • Europe & UK
        • Middle East
      • Economy
        • Business
      • Technology
      • Metro
      • Sports
      • Entertainment
    • Prima TV
    • Prima Gallery
    • Entertainment
    • Contact
    • About Us
    PRIMA NEWSPRIMA NEWS
    Home»Featured»Stella Oduah Cleared as Firms Linked to Her Plead Guilty, Forfeit N1.98bn in Fraud Case
    Featured

    Stella Oduah Cleared as Firms Linked to Her Plead Guilty, Forfeit N1.98bn in Fraud Case

    Prima NewsBy Prima NewsMarch 29, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Stella Oduah has been cleared as firms linked to her plead guilty and forfeited N1.98bn in fraud case.

     

    NewsOnline Nigeria reports that Former Aviation Minister Stella Oduah has been discharged from a N2.5 billion fraud case after two companies linked to her pleaded guilty and agreed to forfeit funds to the Federal Government.

     

    The ruling was delivered on Thursday by Justice Hamza Muazu of the Federal Capital Territory High Court in Maitama, Abuja.

     

    Charges against Oduah and her former aide, Gloria Odita, were struck out after the prosecution amended the case to focus solely on the companies; Sobora International Limited and Global Offshore and Marine Limited.

     

     

    Both firms pleaded guilty to the amended charges and were subsequently convicted. Justice Muazu ordered their dissolution and the forfeiture of N1.98 billion to the Federal Government.

     

    Prosecution counsel Rotimi Oyedepo confirmed that the amended two-count charge followed plea negotiations. According to the charges, Sobora International unlawfully held N838 million, while Global Offshore and Marine was found in possession of N1.629 billion in illicit funds.

     

    Oduah appeared in court representing the companies and entered guilty pleas on their behalf, while the defence did not oppose the request for conviction and forfeiture.

     

    The court directed that N1.2 billion paid as restitution alongside N780 million recovered during investigations be handed over to the Federal Government.

     

    The case, which commenced in December 2025, initially involved a five-count charge bordering on fraud, breach of trust, and obtaining money under false pretence. Prosecutors alleged that about N2.4 billion was obtained through companies linked to Oduah in relation to contracts awarded during her tenure as aviation minister between 2011 and 2014.

     

    Although both Oduah and Odita initially pleaded not guilty, the matter was later resolved through a plea agreement that led to the amended charges and conviction of the companies.

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Prima News
    • Website

    Related Posts

    MIDDLE EAST LIVE 20 April: Uncertainty grows in the Strait of Hormuz

    April 20, 2026

    FG Debunks ‘Hidden Spending’ Claims, Says World Bank Report Misinterpreted

    April 20, 2026

    What Tinubu told APC presidential screening panel

    April 20, 2026
    Add A Comment

    Comments are closed.

    Top Trending

    MIDDLE EAST LIVE 20 April: Uncertainty grows in the Strait of Hormuz

    By Prima NewsApril 20, 2026

    Tensions have escalated in the Strait of Hormuz amid renewed security incidents,…

    Economic Success and Governance Failure: What Matters Most?

    By Prima NewsApril 20, 2026

    The objective of governance should be to achieve sustainable economic development, with…

    Apple CEO Tim Cook to step down, John Ternus to take over

    By Prima NewsApril 20, 2026

    Apple on Monday announced that Tim Cook will step down as the…

    Latest News

    MIDDLE EAST LIVE 20 April: Uncertainty grows in the Strait of Hormuz

    By Prima NewsApril 20, 2026

    Tensions have escalated in the Strait of Hormuz amid renewed security incidents, including reported attacks…

    Economic Success and Governance Failure: What Matters Most?

    April 20, 2026

    Apple CEO Tim Cook to step down, John Ternus to take over

    April 20, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest news from PRIMA NEWS about politics, art, design and business.

    © 2026 PRIMA NEWS (ISSN: 2251-1237)
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.