Justice Okon Abang of the Federal High Court in Abuja has found, Olisa Metuh, the former National Publicity Secretary of the Peoples Democratic Party (PDP) and his firm, Dextra Investment Limited guilty of laundering over four hundred million naira.
Ruling on the first count the judge ruled that a former National Security Adviser, Sambo Dasuki, unlawfully transferred the sum of N400 million to the defendants in November 2014.
The judge said that Metuh and his firm reasonably ought to have known that the sum of N400m paid to them formed part of the proceeds of the unlawful activity of the ex-NSA because they had no form of a contractual relationship with the ONSA.
“It is my view that Metuh took possession of the N400 million from the office of the NSA without contractual agreement; he is guilty of money laundering and is hereby convicted on count one.”
Shortly after he was convicted, the trial judged suspended reading the judgment to allow the former PDP spokesman use the gents.
Upon his return to the courtroom, Justice Abang proceeded with his judgement on the second count of the charges which bordered on the criminal conversion of N400 million.
According to him, the evidence before him shows that the money was used to fund activities of the PDP. The judge added that Metuh also used the money to acquire a property at Banana Island in Lagos. He explained that this was contrary to the e-payment mandate which stated that the money was meant for security services, whereas Dextra Investment was not a registered security outfit.
Justice Abang insisted that the evidence pointed to the fact that the money was deliberately laundered to brighten the chances of the PDP during the general elections in 2015.
He added that Metuh failed to explain the transfer of N50 million from the N400 million to the joint account of himself and his wife
“It is, therefore, manifestly clear that the defendant converted the money for PDP campaign activities and I find him guilty and is hereby convicted accordingly,” the judge declared.