Money Laundering: Olisa Metuh Found Guilty By Abuja High Court

Crime Watch
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Available information has it that former spokesman of the People's Democratic Party, PDP, Olisa Metuh, and his company, Destra Investment Limited has been found guilty of being in possession and control of N400 million, by a Federal High Court, Abuja, judging that the money proceeds of money laundering. Mr Metuh, on trial over 7 count charge of criminal diversion of the money he received from the office of the National Security Adviser, NSA, Colonel Sambo Dasuki (rtd) instituted by the Economic and Financial Crimes Commission, EFCC.

 

Justice Okon Abang, who delivered judgment on the case after cross-examination said, all the evidence presented before him proves that the money in question was utilized to fund activities of the PDP during the general elections in 2015, adding that Mr Metuh also used part of it to acquire a property at Banana Island in Lagos state. “It is my view that Metuh took possession of the N400 million from the office of the NSA without contractual agreement; he is guilty of money laundering and is hereby convicted on count one.”

Justice Abang further quarried the accused of his failure to explain the transfer of N50 million from the N400 million to the joint account he operated with his wife, among other accusations. “It is, therefore, manifestly clear that the defendant converted the money for PDP campaign activities and I find him guilty and is hereby convicted accordingly,” the judge said. In the end, the court convicted and found Mr Metuh guilty of all 7 charges against him by the EFCC.