Olisa Metuh, a former spokesman of the Peoples Democratic
Party (PDP), has been sentenced to 39 years in prison for money laundering.
Justice Okon Abang handed down the sentence in his judgement
on Tuesday on seven counts of money laundering and criminal diversion of funds
to the tune of N400 million.
The charges were filed against Metuh and his company, Destra
Investment, by the Economic and Financial Crimes Commission (EFCC).
The trial judge sentenced Metuh after convicting him and
found him guilty of all the charges brought against him by the anti-graft
agency.
This followed a protected trial of the former PDP spokesman
which lasted about four years and witnessed a series of drama and adjournment
over health-related matters.
Giving his judgement, Justice Abang sentenced Metuh to seven
years imprisonment in respect to Counts One to Three.
On Count Four, the PDP spokesman was sentenced to five years
while he got seven, three and seven years for Counts Five, Six, and Seven years
respectively.
He, however, held that all the sentences should run
concurrently, with effect from February 25, 2020,
The trial judge also sentenced Dextra Investment to pay a
fine of N25 million with respect to Counts Five and Six, while Metuh was also
ordered to pay a fine of N375 million.
Justice Abang further ordered that the account of Dextra
Investment should be forfeited to the Federal Government and the company be
dissolved.
More to follow…
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com