UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Six Other Charges In N400m Fraud Case

UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Six Other Charges In N400m Fraud Case

25.2.2020

LIVE UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Three Other Charges In N400m Fraud Case “I agree with the prosecution that Metuh’s claims are tissues of lies... I find the first and second defendants guilty on count 4.'

UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Six Other Charges In N400m Fraud Case

Former PDP spokesman, Mr Olisa Metuh, at the Federal High Court in Abuja on February 25, 2020. Channels TV/ Sodiq Adelakun.The Federal High Court in Abuja has found Mr Olisa Metuh guilty of money laundering in the sum of N400 million.Delivering judgement in the case, Justice Abang convicted the former PDP spokesman of count one of the charges.

Upon his return to the courtroom, Justice Abang proceeded with his judgement on the second count of the charges which bordered on the criminal conversion of N400 million.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.

“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 declared.The trial judge also delivered judgment on count 4 which was the allegation of illegal disbursement of funds.

He noted that the meeting wherein former President Jonathan allegedly authorised the payment was tagged a ‘security meeting’.He said, “I agree with the prosecution that Metuh’s claims are tissues of lies hurriedly put in place to divert the attention of the court from prying into the disbursement of the N400 million received from the office of the NSA through an under the table agreement.

“Therefore, I find the first and second defendants guilty on count 4,” he ruled.On the seventh count of the charges, the trial judge held that the transfer of N27.7 million to Mr Anthony Anenih for a special national assignment directly represented the illicit nature of the fund.

“I agree with the prosecution that the defendants committed the offence by handing over raw cash of $2 million dollars to a Bureau de Chage (BDC) operator to change same into naira.According to the trial judge, the transaction as regards counts 5 and 6 was clearly in excess of the statutory threshold whether the money belonged to the defendants or not and Metuh failed in his defence to disclose the source of the $2 million.



Read more: Channels Television

Who has the interest that the stolen money had received? 7 years for stealing our money and returning N375m is a better one but not there yet. God bless Nigeria. These people been stealing our future... 400m... And just 7yrs? People no get conscience ooo! $2M and also N400M Something must kill a man!!!

so how many years ?

BREAKING: Court Finds Olisa Metuh Guilty Of Laundering N400mBREAKING: Court Finds Olisa Metuh Guilty Of Laundering N400m yeee🥶🥶🥶 baba go die for kpanti oh Chai,olisa metuh don go prison ooooo. Okon Abang had been an arch enemy of Metuh since their days in the Law School,he will get justice in Appeal Court

BREAKING: Court Finds Olisa Metuh Guilty Of Count One In N400m Fraud | Sahara Reporterswhat of others that are still walking freely that has embezzled more than he? We are just deceiving our self. that's proceedings what is the final verdict? Before nko... He no fit win when especially na the person wey them say you thief naim still come dey pass your judgment... Sorry Sir

UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Four Other Charges In N400m Fraud CaseLIVE UPDATES: Court Finds Olisa Metuh Guilty Of Money Laundering, Three Other Charges In N400m Fraud Case “I agree with the prosecution that Metuh’s claims are tissues of lies... I find the first and second defendants guilty on count 4.' 'Democracy in danger' He should go to jail!!!! Stupid judge, APC and PDP spent billions to win the election, APC spent more again in 2019, who's on trial? Can't be setting different standards for the same men in a contest

BREAKING: N400m Fraud: Court finds Olisa Metuh guilty - Daily Post NigeriaAn Abuja Federal High Court, has found Olisa Metuh, former National Publicity Secretary of the Peoples Democratic Party, PDP, guilty of some of the

BREAKING: Court Finds Olisa Metuh Guilty Of All Charges In N400m Fraud CaseBREAKING: Court Finds Olisa Metuh Guilty Of All Charges In N400m Fraud Case How many years in jail don't waste my time? What is the penalty? After this,hope all money stolen will be collected from him and he will be jail for like 20year...abi what's next?

BREAKING: Court convicts Olisa Metuh over N400m – Daily TrustA Federal High Court in Abuja has convicted former Peoples Democratic Party (PDP) spokesman, Olisa Metuh for receiving N400m from former NSA, retired Col. Sambo Dasuki. Justice Okon Abang on Tuesday held that Metuh could not prove that the money was approved by former President Goodluck Jonathan for the 2015 general elections. He added that … Demikiwala militaryblower I'm glad to hear this. How many years is he serving for this one. That's what I want to know Finally



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