Olisa Metuh found guilty of laundering N400m

Justice Okon Abang of the Federal High Court, Abuja, has found former National Publicity Secretary of the Peoples Democratic Party (PDP) Olisa Metuh, guilty of money laundering of N400 million.

The Economic and Financial Crimes Commission (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 him on count one of the charges saying 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 which 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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