Olisa Metuh Receives 7 Year Jail Term for Laundering N400m

FORMER National Publicity Secretary of the Peoples Democratic Party – PDP, Olisa Metuh, has been sentenced to seven years in prison following his conviction by a federal high court in Abuja.

The Economic and Financial Crimes Commission – EFCC, preferred the charge against him.

“I find the defendants guilty in respect of count 1 of the charge and they are accordingly convicted”, trial justice Okon Abang said as he declared his verdict.

Justice Abang also found Metuh’s firm, Destra Investment Ltd, guilty of illegally receiving N400million from the Office of the National Security Adviser – ONSA, prior to the 2015 presidential election, without contract approval or execution.

EFCC had also alleged that Metuh was involved in an illicit transaction that involved the exchange of $2million, in violation of extant financial regulations.

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