Home | News | N400m Fraud: Court finds Olisa Metuh guilty
Reactions trail Monguno’s absence at special meeting of Service Chiefs
Deontay Wilder to sack coach who threw in towel against Tyson Fury

N400m Fraud: Court finds Olisa Metuh guilty

An Abuja Federal High Court, has found Olisa Metuh, former National Publicity Secretary of the Peoples Democratic Party, PDP, guilty of some of the charges leveled against him.

Justice Okon Abang found Metuh guilty of count 1 and 2 of the corrupt charges leveled against him by the Economic and Financial Crimes Commission, EFCC.

The judge held that Metuh, who is standing trial for alleged N400m fraud should have known that the money was the proceeds of crime.

EFCC had arraigned Metuh on charges for allegedly laundering the sum of N400m as PDP former spokesperson during the tenure of former President Goodluck Jonathan.

The anti-graft agency had accused Metuh of receiving the money from the Office of the National Security Adviser, NSA.

Metuh was arraigned alongside his company Destra Investment Ltd.

However, the judge held that “Olisa Metuh and Destra Investment Ltd were guilty on count 1 for taking possession and control of N400m from the Office of the National Security Adviser which he ought to know was a proceed of crime.”

The judge also found him guilty on count 2 for converting the sum of N400m to fund PDP activities and for his personal use.



view more articles

About Article Author

Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

View More Articles

100 Most Popular News

1 2 Displaying 1 - 100 of 161