Judgement: Olisa Metuh found guilty of N400m fraud case
Justice Okon Abang of the Federal High Court Abuja, found Olisah Metuh, a former PDP spokesman guilty of count 1 in relation to a 7 count charge by the EFCC bordering on criminal diversion of funds and fraud. The count reads “that you Olisa Metuh and Destra Investment Limited, on or about 24th November 2014 in Abuja, within the Jurisdiction of this Honourable court, took possession of the sum of N400, 000 000:00 (Four hundred Million Naira) only, paid into the account of DESTRA INVESTMENTS limited with Diamond Bank Plc, with account number: 0040437573, from the account of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd.); the then National Security Adviser and thereby committed an offence contrary to section 15 (2) (d) of the Money Laundering (Prohibition) Act 2011 as amended in 2012 and punishable under section 15(3) of the same Act. Justice Abang in his ruling said Olisah Metuh turned a blind eye to the source of the inflow, he ought to have known that the money involved was from the fraudulent proceeds in relation to Sambo Dasuki. He added that he believed directly or indirectly, the 1st defendant Metuh, had reasonable knowledge about the inflow of the fraud money.
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