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Home Headline News

Olisa Metuh Bags 7 Years imprisonment

Next Edition by Next Edition
February 25, 2020
in Headline News
Olisa Metuh Bags 7 Years imprisonment

Olisa metu

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The Federal High Court in Abuja has handed down a 7 year jail term to a former National Publicity Secretary of the Peoples Democratic Party (PDP), Mr. Olisa Metuh.

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.

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For counts one to three, the court pronounced a sentence of seven years each.

For counts four, five, six and seven, the former PDP spokesman was sentenced to five, seven, three and seven years respectively.

However, the sentences will run concurrently beginning from February 25, 2020, the court said.

READ ALSO: Court Finds Olisa Metuh Guilty Of Money Laundering In N400m Fraud Case

The charges were filed against Metuh and his company, Destra investment, by the Economic and Financial Crimes Commission (EFCC).

Justice Abang has earlier found Metuh guilty on all the seven counts preferred against him by the anti-graft body.

The 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.

Tags: 7 Years imprisonmentDestra investmentEconomic and Financial Crimes Commission (EFCC)Federal High Court in Abujaformer National Publicity Secretary of the Peoples Democratic Party (PDP)Olisa Metuh Bags
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