BREAKING: Court sentences Ex-PDP Spokesman Metuh to 7 years imprisonment, to pay N375m to FG
The Federal High Court sitting in Abuja reportedly handed former PDP Spokesman Olisa Metuh seven years imprisonment and ordered him to pay N375million to the federal government
Justice Okon Abang who gave the judgment in the Court that ordered Metuh to pay a total sum of N375million of the Federal Government and seven years imprisonment also directed that his firm, Destra Investment Ltd. (2nd defendant), should be wound up with all funds standing to its credit forfeited to the government.
Metuh and his firm which were convicted on all the seven-count money laundering charge leveled against him by the Economic and Financial Crimes Commission, EFCC to pay back all funds.
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.
He was sentenced to seven years on counts 1, 2, 4 and 7 of the charge, with five years on count 3, three years on count 5 and 6.
The firm Destra Investment Ltd was ordered to pay N25m on both counts 5 and 6 of the charges.
The court held that the sentence would run concurrently starting from today.