Court finds Olisa Metuh guilty of laundering N400m

Justice Okon Abang of the Federal High Court, Abuja, has found Olisa Metuh, guilty of money laundering in the sum of N400 million.

Court finds Olisa Metuh guilty of laundering N400m lailasnews

The suit was instituted against the former National Publicity Secretary of the Peoples Democratic Party (PDP) by the Economic and Financial Crimes Commission (EFCC).

The EFCC charged Metuh, who is standing trial alongside his company, Destra investment, with seven counts bordering on criminal diversion of the money received from the office of the former National Security Adviser (NSA), Colonel Sambo Dasuki (rtd).

Delivering judgement in the case, Justice Abang convicted the former PDP spokesman of count one of the charges.

According to him, the evidence before him shows that the money was used to fund activities of the PDP.

The judge added that Metuh also used the money to acquire a property at Banana Island in Lagos.

He explained that this was contrary to the e-payment mandate which stated that the money was meant for security services, whereas Dextra Investment was not a registered security outfit.

Justice Abang insisted that the evidence pointed to the fact that the money was deliberately laundered to brighten the chances of the PDP during the general elections in 2015.

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