Calabar female will spend 7 years in prison over N127m fraud

 

The Economic and Financial Crimes Commission, on Saturday, said it has secured the conviction of a medical doctor, Dr Geraldine Orok, for N127m fraud.

A statement by the anti-graft agency, on its X handle on Saturday, said a Federal High Court, sitting in Calabar, Cross River State, presided over by Justice Rosemary Oghogho-rie convicted and sentenced Ita to seven years imprisonment.

Ita was prosecuted by the Uyo Directorate of the EFCC on a 12-count charge, bordering on forgery and diversion of funds to the tune of N127m.

One of the charges reads: “That you, Dr Geraldine Orok Ita ‘F’ on or about the 6th day of November 2014, in Calabar, within the jurisdiction of this Honourable Court, did make a forged document to wit: FORM CAC 10 (Annual Return For A Small Company) In respect of Sharpnet Concept Limited, dated 06/1 1/2014, purported to have been signed by Mrs Rose Orok Ita (a Director in Sharpnet Concept Limited), with the intent that the document may be acted upon as genuine and thereby committed an offence contrary to Section 1 (2) (C) of the Miscellaneous Offences Act Cap M 17 of the Revised Edition (Law of the Federation of Nigeria) and Punishable under Section 1 (2) (c) of the same Act.”

Another reads, “That you, Dr Geraldine Orok Ita ‘F’ on or about 14/02/2019, in Calabar, within the jurisdiction of this Honourable Court, did take possession of the sum of Forty-Five Million Naira (#45,000,000) through Bank Account No: 2027011283 domiciled in First Bank with Account Name: Rok Projects Limited, paid by the University of Calabar (UNICAL) for the project executed by ROK Projects Limited/Sharpnet Limited when you reasonably ought to know that the money was part of the proceeds of crime to wit: forgery and thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 16 (3) of the same Act.”

According to the statement, Ita pleaded “not guilty” to the charges, prompting her trial that commenced in 2019.

“In the course of the trial, prosecution counsel, Joshua Abolarin, called witnesses and presented incontrovertible evidence. Convinced that the prosecution proved its case beyond a reasonable doubt, Justice Oghogho-rie convicted and sentenced Ita to seven years imprisonment.

“Ita’s journey to Nigeria Correctional Centre commenced when the commission received a petition in 2019 from Sharpnet Concept Limited and ROK Project Limited initiated by two of its directors alleging that Geraldine Orok Ita forged and fraudulently altered the documents of the companies in favour of herself by removing the two initial directors from the companies’ records and claiming to be the second wife of Engr. Orok Okonkon Ita who died in 2004”, the statement partly read.

The petitioners further stated that besides carrying out the fraudulent alterations, the convict appointed a new company Secretary on November 6, 2014, and changed the registered address of the companies at No. 25, Uyo Street, off Market Road, Port Harcourt, River State and made re-allotments and return of allotments of shares

Related Posts

Police arrest four cops for extorting ICPC chairman of N53,000 in Abuja

  Four police officers have been detained by the Federal Capital Territory Police Command for allegedly extorting N53,000 from the Chairman of the Independent Corrupt Practices and Other Related Offences…

EFCC arraigns Miyetti Allah president over ‘$2.63m money laundering

  A federal high court in Abuja has remanded Bello Bodejo, president of Miyetti Allah Kautal Hore, in the custody of the Economic and Financial Crimes Commission (EFCC) over an…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Trump commends Tinubu

  • By admin
  • July 23, 2026
  • 3 views
Trump commends Tinubu

PFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs Minister

  • By admin
  • July 21, 2026
  • 4 views
PFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs Minister

Two Nigerians jailed seven years for armed robbery in Kuwait

  • By admin
  • July 21, 2026
  • 4 views
Two Nigerians jailed seven years for armed robbery in Kuwait

17 states to experience flooding from July 21 to 27 — Report

  • By admin
  • July 21, 2026
  • 4 views
17 states to experience flooding from July 21 to 27 — Report

We Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of Service

  • By admin
  • July 21, 2026
  • 6 views
We Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of Service

Two Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN Director

  • By admin
  • July 21, 2026
  • 11 views
Two Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN Director