Former PDP Spokesman, Olisa Metuh Sentenced To Seven Years Imprisonment For Money Laundering
Former National Publicity Secretary, Peoples Democratic Party (PDP), Olisa Metuh has on February 25 been sentenced to 7 years imprisonment for money laundering.
Justice Okon Abang of the Federal High Court, Abuja, had earlier found him and his company, Destra investment guilty of the seven-count charge filed against him by the Economic and Financial Crimes Commission (EFCC).
Shortly after he was convicted, the trial judge suspended reading the judgment to allow the former PDP spokesman use the restroom.
Upon his return to the courtroom, Justice Abang proceeded with his sentence on the charges which bordered on the criminal conversion of N400 million.
He imposed sentenced Metuh to seven years imprisonment for counts 1, 2, 4 and 7, five years imprisonment in respect of count 3, and three years in respect of counts 5 and 6.
The judge, however, ruled that the sentences shall run concurrently which implied that he would only spend the highest number of years of jail term, which is seven, in prison.
The judge also directed Metuh to pay a fine of N375m to the Federal Government.
He also ordered Destra Investments to pay N25m to the Federal Government and accounts of Destra in Diamond Bank and Asset Resource Management to be closed and their proceeds forfeited to the Federal Government. The judge also ordered the winding up of Destra.