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    Court jails Metuh 7 years, slams N375m fine

    Chronicle EditorBy Chronicle EditorFebruary 25, 2020No Comments2 Mins Read
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    Olisa Metuh was jailed seven years for N400 million fraud
    Olisa Metuh was jailed seven years for N400 million fraud
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    Justice Okon Abang of the Federal High Court on Tuesday in Abuja has convicted Olisa Metuh to seven years imprisonment with a fine of three hundred and seventy five million naira to the Federal Government.

    Metuh is being prosecuted by the EFCC, alongside his company, Destra Investment, on a seven-count charge of diversion of the money received when Sambo Dasuki who was the National Security Adviser.

    Justice Abang on count one, two, four and seven, ordered that he be sentenced to seven years imprisonment.

    On count three he was sentenced to five years, on count five, three years imprisonment with a fine of N25m (twenty five million) to the Federal Government.

    On count six he was sentenced to three years imprisonment while the second defendant, Destra Investment Company was to forfeit N25m (twenty five million naira) to the federal government.

    • Court jails 3 men for assaulting policemen

    Justice Abang ordered that the sentencing was to run concurrently with effect from today.

    He further ordered that Metuh’s company (2nd defendant) be closed and the amounts standing trial in its financial institution forfeited to the FG.

    He said that an enrollment of judgement order would be served on EFCC.

    Metuh was arraigned by the Federal Government in 2016 over allegations of unlawfully receiving N400m from the office of the then National Security Adviser, Col Sambo Dasuki (rtd).

    The former PDP spokesperson was also accused of transacting with the sum of $2 million without going through a financial institution, in violation of a provision of the Money Laundering (Prohibition) Act.

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    NAPTIP invites Speed Darlington over ‘sex with minor’ video

    NAPTIP invites Speed Darlington over ‘sex with minor’ video

    May 29, 2025
    The National Association of Nigerian Students (NANS) has condemned the West African Examinations Council (WAEC) for delaying the English Language exam in the ongoing Senior Secondary School Certificate Examinations (SSCE).

    NANS criticises WAEC over delayed exam, leakage of English paper ‘expo’

    May 29, 2025
    APC: Tinubu, Akpabio, Buhari, others to attend party's NEC Wednesday

    Buhari hails Tinubu, urges Nigerians to support APC govt

    May 29, 2025
    Edo State Governor, Monday Okpebholo, stated on Friday that the Peoples Democratic Party (PDP) and its candidate, Asue Ighodalo, will lose their appeal at the Appellate Court level.

    Edo: Appeal Court upholds Okpebholo’s victory

    May 29, 2025
    Students escape death as examination hall collapses on WASSCE candidates in Taraba

    Students escape death as examination hall collapses on WASSCE candidates in Taraba

    May 29, 2025
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