(Updated) Court Convicts Metuh on 7-Count Charge of Money Laundering - THISDAYLIVE

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(Updated) Court Convicts Metuh on 7-Count Charge of Money Laundering

Justice Okon Abang of the Federal High Court, Abuja on Tuesday convicted former Publicity Secretary of the Peoples Democratic Party Chief Olisa Metuh and his company, Dextra Investment Limited, on all seven-count charge against him and his company.

According to the judge, if the defendants knew of the inflow of the sum of N400 million from the Office of the National Security Adviser where he had earlier claimed in his statement that he never had any contract with, he ought to have questioned the source of the money and not have gone ahead to spend it.

“I agree with the prosecution that it was unlawful that the former National Security Adviser to have misappropriated public funds in favour of the first and second defendants. “Metuh has not explained how N50 million was transferred to a joint account of his wife and himself”, the court held. The court also found the defendants guilty on counts five and six which borders on making cash deposits beyond the maximum threshold which is N5 million for individual and N10 million for an organisation.

 

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How many years mbok? Sebi una sabi share money like wedding cake among una self.....

He should be sent to prison

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