Court sentences Metuh to 7 years imprisonment, to pay N375m to FG

By AdvocateNews on 26/02/2020

Share on facebook Yahoo mail icon Gmail icon

Views: 568

Olisa Metuh
Olisa Metuh

THE Federal High Court in Abuja has sentenced the convicted former National Publicity Secretary of the Peoples Democratic Party, PDP, Chief Olisa Metuh, to seven years imprisonment.

The court in a judgement by Justice Okon Abang also ordered Metuh to pay a total sum of N375million to the coffers of the Federal Government.

Justice Abang directed that his firm, Destra Investment Ltd, should be wound up with all funds standing to its credit forfeited to the government.

 

Metuh and his firm were convicted on all the seven-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against them.

The court found them guilty of unlawfully receiving N400million from the Office of the National Security Adviser, ONSA, prior to the 2015 presidential election, without contract approval or execution.

Metuh was also convicted for involving in an illicit transaction that involved the exchange of $2million, in violation of extant financial regulations.

While he was sentenced to seven years on counts 1, 2, 4 and 7 of the charge, the count handed him five years on count 3, three years on count 5 and 6.

The firm was ordered to pay N25m with respect to both counts 5 and 6 of the charge. The court held that the sentence would run concurrently starting from Tuesday.

Posted 26/02/2020 06:38 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
IPOB issues order to arrest Buhari in Japan...

PDP to returning members: You have nothing to...

Buhari names Ebonyi federal varsity after Ekwueme

2019: Secondus, Falae, Oyinlola, others meet on consensus...

COVID-19: I didn’t dare govt, police over closure...

Defection crisis: I’ll remain in PDP, Ortom insists...

Buhari writes British Parliament, denies persecution of Christians...

Hoodlums stone Dino Melaye’s car in Kogi

Dino Melaye in Hospital after jumping out of...

Kogi West Senate Seat: Melaye out, Adeyemi in...

Osinbajo to sue Timi Frank, offers to waive...

I’m a Nigerian by birth, parents from Sokoto,...

 

Latest News Coronavirus: Queen Elizabeth’s full speech NCC clears doubts over 5G, COVID-19 and Security COVID-19 claims another life as eight new cases push Nigeria’s total to 232 Boko Haram Attack: Buratai visits wounded troops in Maiduguri FG, govs urged to release food distribution guidelines Three storey building collapses in Enugu, no casualty Collapsed 3-storey building: ECTDA evaluates all structures in state capital COVID-19: I didn’t dare govt, police over closure of churches in Enugu – Archbishop Chukwuma FG to employ 774,000 youths to clear gutters, streets, others COVID-19: Fear grips health workers as two Edo doctors test positive Coronavirus: FG seeks NASS approval for N500bn intervention fund COVID-19: Abia commences production of masks, protective medical kits – Hart

 

Most Read Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (16,666 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (16,318 views) ASUU strike: Senate intervention ends in deadlock (15,533 views) All you need to know about Peter Obi, PDP VP Candidate (14,682 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (14,473 views) Sickle cell support group seeks government intervention (13,673 views) Ebonyi bans embalming of corpses in homes (13,314 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (12,521 views) The Big Kick-off: World greatest sports fiesta begins in Russia (11,988 views) France wins 2018 World Cup Final (11,964 views) England beat Spain to win U17 World Cup final (11,855 views) NASS invasion: Buhari’s ominous descent into dictatorship (11,761 views)

 

SECTIONS EDITORIAL (9) NEWS (2,314) POLITICS (442) SOCIETY (117) SPORTS (27) BUSINESS (302) HEALTH (25) EDUCATION (30) ENTERTAINMENT (18) INTERNATIONAL (56) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (1) OPINION (18)

 

 

Julius Agwu - Crazy Interview Demands