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N2.5 billion fraud: Court discharges Stella Oduah after plea bargain

by Achojah Aruegodore
March 26, 2026
in Lead of the Day, National news
0
N5bn fraud: EFCC gets nod to prosecute Stella Oduah, others

Stella Oduah

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Justice Hamza Mu’azu of the Abuja High Court on Thursday discharged a former Minister of Aviation, Stella Oduah, and her ex-aide, Gloria Odita, of N2.5 billion fraud charge.

The court ordered their discharge after the prosecution told the court that it has discontinued the case against them based on their plea bargain.

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The prosecution however, filed an amended charge against Sobora International Limited and Global Offshore and Marine Limited linked to the ex-minister as defendants.

Earlier, the prosecutor, Rotimi Oyedepo, SAN, told the court that the plea bargain has been reached by parties.

When the case was earlier called on Thursday, Oyedepo told the court that based on the plea bargain talks between parties, the prosecution filed an amended charge.

When the issue of who would represent the firms arose, parties sought time to address it, following which the judge stood down proceedings till later in the day.

In the amended two-count charge, Sobora International was accused of being unlawfully in possession of N838m, while Global Offshore was alleged to have unlawfully possessed N1.629 billion.

Following the guilty plea entered for the two companies, Oyedepo SAN urged the court to convict them and issue an order winding them up.

Oyedepo also urged the court to order that the N1.2 billion, paid as restitution by the companies, as contained in a bank draft submitted to the court.

In addition, the N780 Million recovered by investigators in the course of investigation, be forfeited to the Federal Government.

Counsel to the defendants, Onyechi Ikpeazu SAN, Wale Balogun SAN did not object to Oyedepo’s requests, which the judge granted in his ruling.

Justice Muazu convicted the companies based on their guilty plea and order winding them up and further ordered that the N1.2 billion paid as restitution and the N780 million recovered during investigation are forfeited to the FG.

The judge equally issued an order striking out the earlier charge, dated Oct 13, 2025, which contained the names of the ex-minister and Odita and proceeded to discharge them.

Oduah was arraigned in December 2025 alongside Odita, by the Office of the Attorney General of the Federation, on a-five-count charge bordering on alleged fraud, obtaining by false pretence, and criminal breach of trust.

The prosecution alleged that the defendants conspired in January 2014 to obtain N2.4 billion from the Federal Ministry of Aviation through Broad Waters Resources Nigeria Ltd and Global Offshore Marine Ltd under alleged fraudulent claims.

The offence, the prosecution said, contravened the provisions of Sections 8(a) and 1(1)(a) of the Advance Fee Fraud Act and is punishable under Section 1(3).

The defendants however, pleaded not guilty to the charge.

 

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