Court finds Metuh guilty of N400m money laundering

Tuesday, February 25, 2020 11:36 am | Daily News Headlines | 5 Comment(s)

Olisa Metuh

The Federal High Court, Abuja on Tuesday found the Peoples Democratic Party’s, PDP, former Publicity Secretary, Olisa Metuh guilty of N400 million money laundering

Ruling on the first count in his judgement, Justice Okon Abang ruled that a former National Security Adviser, Sambo Dasuki, unlawfully transferred the sum of N400 million to the defendants in November 2014.

Abang held that Metuh and his firm. Destra Investments Limited reasonably ought to have known that the sum of N400 million paid to them formed part of the proceeds of the unlawful activity of the ex-NSA because they had no form of a contractual relationship with the ONSA.

The judge averred that Dasuki transferred the money to the defendants “in breach of public trust.”

Abang dismissed the contention of the defence who argued that the defendants could not be convicted for the money laundering offence because Dasuki, who is currently being prosecuted, had yet to be convicted for the predicate offence of breach of trust and corruption.

He added that contrary to the argument, the predicate offence and the money laundering offence were intertwined.

The judge stated that the success or failure of the predicate offence did not determine the success or failures of the money laundering offence.

Details later…



Leave a Reply

Your email address will not be published. Required fields are marked*

View Comments

  • Attorney general when are you going to prosecute the clueless and corrupt federal government.

    It's only under Buhari's government that a whooping 37 billion was approved for the renovation of national assembly complex and another 20 billion was approved for the renovation of national theatre.

    I wonder how much it takes to build a factory in Buhari's Nigeria? Zillions?

    One day, decent men will win election in Nigeria other than these corrupt politicians, Nigerians and the world will marvel at the level of corruption going on under this clueless, ineffective, inefficient and corrupt federal government.

    37 billion just for renovation? Buhari fall my hands BIG TIME... This is a clear case of CORRUPTION. Period.

    What a failed government. What a situation.

    I take a stroll. Nonsense.

    Cancel reply

    Leave a Reply

    Your email address will not be published. Required fields are marked*

  • THE CASE AS TAKEN TOO MUCH LONGER TIME TO GIVE JUDGEMENT WHY ?

    Cancel reply

    Leave a Reply

    Your email address will not be published. Required fields are marked*

  • Which kind of judgement is that ? It is not all the monies transferred by office of the National Security Adviser that can be contractual if it is from Security Vote . This is why the Federal Government has not been able to prosecute Dasuki for 5 years .

    Cancel reply

    Leave a Reply

    Your email address will not be published. Required fields are marked*

  • Nigeria Judiciary now taking shade, this is a good one,

    Cancel reply

    Leave a Reply

    Your email address will not be published. Required fields are marked*

  • Good one. Each corrupt man that goes down saves us a lot of looting

    Cancel reply

    Leave a Reply

    Your email address will not be published. Required fields are marked*