Olisa Metuh who was found guilty of money laundering handed a 7 year jail sentence

Former National Publicity Secretary of the Peoples Democratic Party, Olisa Metuh who was found guilty of money laundering earlier today has been handed a 7 year jail sentence.

Metuh was found guilty of all the seven count charge against him including illegally receiving N400m from former National Security Adviser, Dasuki Sambo in November 2014.

The PDP former spokesperson was sentenced 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.

Justice Okon Abang who held that all the years are to run concurrently (meaning Metuh would spend seven years in prison), also ordered the convict to pay a fine of N375m to the Federal Government. Metuh’s firm, Destra Investments was ordered to pay N25m to the Federal Government.

The Federal High Court Judge also ordered the winding up Destra Investments, closure of its accounts in Diamond Bank and Asset Resource Management, and the forfeiture of the money in the accounts to the Federal Government.

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