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Court Sentences Metuh To 39 Years In Prison

Olisa Metuh, a former spokesman of the Peoples Democratic Party (PDP), has been sentenced to 39 years in prison for money laundering.

Okon Abang, judge of a federal high court Abuja, handed down the  sentence on Tuesday.

The judge had earlier found him guilty of the seven-count charge filed against him by the Economic and Financial Crimes Commission (EFCC) which accused him of illegally receiving N400 million from the office of the national security adviser.

On counts one and two, Metuh bagged seven years each, on count three, five years; count four, seven years; counts five and six, three years each and he got seven years for count 7.

The judge held that all the years are to run concurrently, meaning Metuh would spend seven years in prison.

On count five and six, the court found Destra Investment limited, his company guilty and ordered them to pay N25 million on each of the counts.

Metuh was also ordered to pay N375 million to the federal government. The court also ordered that the bank account of the company be closed and all the proceeds forfeited to the federal government.

Abang also ordered that the company be folded up completely.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune. He set up World Street Journal magazine in 2018.

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