Justice Okon Abang of the Federal High Court in Abuja has ordered the National Publicity Secretary of the Peoples Democratic Party [PDP], Olisa Metuh, to pay N375m to the coffers of the Federal Government.
The judge sentenced the convicted Metuh and his firm, Destra Investment Ltd, of all the seven-count of money laundering preferred against them by the Economic and Financial Crimes Commission [EFCC].
He, therefore, sentenced Metuh to seven years in prison and ordered that Destra Investment Ltd be wound up and all funds standing to its credit forfeited to the government.
READ ALSO: BREAKING: Court Sentences Olisa Metuh To Seven Years In Prison After Four-Year Trial
The court found them guilty of unlawfully receiving N400m from the Office of the National Security Adviser [ONSA] prior to the 2015 presidential election, without contract approval or execution.
Metuh was also convicted for involving in an illicit transaction that involved the exchange of $2million, in violation of extant financial regulations.
While he was sentenced to seven years on counts 1, 2, 4 and 7 of the charge, the count handed him five years on count 3, three years on count 5 and 6.
The firm was ordered to pay N25m with respect to both counts 5 and 6 of the charge. The court held that the sentence would run concurrently starting from today.
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