Olisa Metuh

BREAKING: Court sentences Metuh to 39 years in prison

Justice Okon Abang of the Federal High Court Abuja sentences Olisa Metuh to 39 years imprisonment.

Olisa Metuh, a former National Publicity Secretary of the Peoples Democratic Party (PDP), has been sentenced to 39 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 all the charges filed against him by the Economic and Financial Crimes Commission (EFCC).

The anti-graft agency had accused Metuh of illegally receiving N400m from the office of the national security adviser.

The EFCC also accused him of carrying out transaction of about $2m without going through a financial institution.

The judge sentenced Metuh to seven-year imprisonment on counts 1, 2, 4 and 7; five-year imprisonment on count 3; and three-year in respect of counts 5 and 6.

Justice Abang directed that the sentences shall run concurrently, meaning that he would only spend the highest number of years of jail term, which is seven, in prison.

The judge ordered the winding up of Dextra Investment and ordered Metuh to pay a fine of N375m to the Federal Government.

He equally ordered Dextra Investments to pay N25m to the Federal Government. Hesaid the accounts of Dextra in Diamond Bank and Asset Resource Management to be closed and their proceeds forfeited to the Federal Government.

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