A three-member panel of the Court of Appeal dismissed the former NEXIM Bank’s managing director in a unanimous judgement on Tuesday.

The court subsequently sentenced Orya to 10 years’ imprisonment on each of the 49 counts, amounting to 490 years. The sentences were ordered to run concurrently.

A three-member panel of the Court of Appeal dismissed the former NEXIM Bank’s managing director in a unanimous judgement on Tuesday.