Inside Nigeria

 BREAKING; Metuh, Firm Guilty of First Count in N400m Fraud Trial -Court

The first verdict has been made by the Federal High Court in Abuja, in the ongoing trial of former PDP Spokesperson, Olisa Metuh in the alleged N400 million fraud against him and his firm.

The court has onvicted the former National Publicity Secretary of the People’s Democratic Party, Olisah Metuh, and his firm, Destra Investments Limited, of the first of the seven counts instituted against them by the Economic and Financial Crimes Commission.

Ruling on the first count in his judgement, Justice Okon Abang ruled that a former National Security Adviser, Sambo Dasuki, unlawfully transferred the sum of N400 million to the defendants in November 2014.

The judge ruled 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.

According to the judge, Dasuki transferred the money to the defendants “in breach of public trust”.

Tags

Related Articles

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com
Close