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Alleged N400m Fraud: Metuh Knows Fate February 25


The Federal High Court in Abuja has fixed February 25, 2020, for judgment in the trial of a former Publicity Secretary of the Peoples Democratic Party [PDP], Chief Olisa Metuh.

Chief Metuh’s trial, which has lasted about four years was bordered on money laundering charges involving the N400 million which he allegedly received fraudulently from the Office of the National Security Adviser [ONSA] under the oversight of former National Security Adviser [NSA], Col. Sambo Dasuki in 2015.

Justice Okon Abang fixed the date for judgment on Tuesday after the prosecution and defence lawyers made their closing remarks.

Metuh and his company, Destra Investment Limited, are being prosecuted by the Economic and Financial Crimes Commission [EFCC] on seven counts of money laundering.

The accusations include transaction of a cash of $2 million without going through a financial institution in violation of a provision of the Money Laundering (Prohibition) Act.

The defendants had pleaded not guilty to all the seven counts when they were arraigned before the court in January 2016.

During thew trial, Metuh repeatedly requested for permission to travel abroad to take care of some health challenges but was turned down by the presiding judge.

In the course of the trial he was brought to the court using health support systems including wheelchair and body stretcher.

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