Alleged N2.5 billion Fraud: Court Discharges, Acquits Sen Stella Oduah
Former Minister of Aviation, Stella Oduah, has been discharged and acquitted of all charges of alleged N2.5 billion fraud charge by the Federal Capital Territory (FCT) High Court.
The ruling was delivered on Thursday, March 26, 2026, by Honourable Justice Muazu, following an application by the Director of Public Prosecutions, Rotimi Oyedepo, who amended the original charge.
Under the revised charge, two companies Sobora International Limited and Global Offshore and Marine Limited were arraigned as defendants. Representatives of both companies entered guilty pleas, prompting the prosecution to request their conviction and subsequent winding-up. The defence did not oppose the application.
The court accordingly convicted the two companies and ordered that they be wound up.
Counsel to Senator Oduah, Onyechi Ikpeazu (SAN), successfully applied for her discharge, a request granted by the court. Similarly, Wale Balogun (SAN), representing the second defendant, Gloria Odita, secured the discharge of his client.
The case, initially filed in December 2020, has now formally concluded. Observers note that the matter carried political undertones, with expectations that all parties involved will allow peace to prevail following the court’s decision.
The convicted companies were charged under Section 319A of the Penal Code Act, Cap 532, Laws of the Federal Capital Territory, 2006.
