UPDATE: Court convicts Metuh of all counts in N400m fraud

Metuh convicted

The Federal High Court in Abuja on Tuesday convicted former Peoples Democratic Party, PDP, National Publicity Secretary, Olisa Metuh and found him guilty of all the four count charge filed against him by the Economic and Financial Crimes Commission (EFCC).

Justice Okon Abang, in his ruling, took his time to take the counts in the N400 million fraud case against the former National Publicity Secretary of the Peoples Democratic Party (PDP).

The EFCC charged Metuh, who is standing trial alongside his company, Destra investment, with seven counts of money laundering and criminal diversion of said fund which he received from the office of the former National Security Adviser (NSA), Colonel Sambo Dasuki (rtd).

According to Abang, the actions of Colonel Dasuki led to the criminal breach of trust and official corruption involving Metuh.

The judge stated that Metuh lacked any documentary evidence to show that former President Goodluck Jonathan authorised the release of N400 million purportedly for security reasons without a contractual agreement.

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One Comment

NDIBE Madu says:

February 25, 2020 at 2:40 pm

What is money laundering? Is it to wash money in a launderette or basin – no. Legally, money laundering is considered to be the conversion or transfer of resources or properties derived from criminal activity and collaboration by concealing or disguising the acquisition, use, retention or possession of such resources or properties. In Nigerian legal parlance, the offence of Money laundering is that the giver and receiver commits the office and should receive the same penalty. But bizarrely in this case the giver has not been convicted any offence while the receiver has been convicted.