Comments

Social Media Icons

Blog Archive

Powered by Blogger.

Search This Blog

Games

Pictures

Main menu section

Email Newsletter

Subscribe to our newsletter to get the latest updates to your inbox. ;-)


Your email address is safe with us!

Sports

Auto News

Games

Text Widget

Join me on Twitter

Contact Form

Name

Email *

Message *

Olisa Metuh gave Me $2m Cash to Invest – Woman Confesses

The Economic and Financial Crimes Commission on Monday opened its case with two witnesses against the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, in the charges of money laundering of N400m which he collected from the Office of National Security Adviser.

Trial commenced before a Federal High Court in Abuja after the trial judge, Justice Okon Abang, overruled the objection by Metuh's lead counsel, Mr. Onyechi Ikpeazu (SAN) to adjourn the trial.

Ikpeazu also informed the judge on Monday that since Metuh had been unable to meet the bail conditions granted him on January 16, the defence had filed an application for variation of the terms.

He urged the court to adjourn the proceedings as the inability of his client to meet the bail conditions had adverse effect on his preparation for the defence.

The EFCC prosecution team led by Sylvanus Tahir, opposed the application for adjournment and his objection was upheld by the judge.

Tahir then proceeded to open the prosecution's case on Monday with the testimony of an employee of Asset and Resource Management Company Limited, Nneka Ararume, who narrated how he collected a total sum of $2m cash from Metuh at his house in Prince and Princess Estate, Abuja.

Nneka Ararume who described her position with the company as Wealth Manager, said the instruction given to her by Metuh was that the money should be invested.

She explained further that she went ahead to change the money to its Naira equivalent through two bureau de change operators she engaged.

She said, "He gave me the sum of $2m in $100 bills. It was taken to bureau de change operators who would then transfer the money to ARM. From there (Metuh's house) I proceeded to Mr. Sie Iyenome's office at Wuse 2 where I gave him the sum of $1m.

"I also invited Mr. Kabir Mohammed and I also gave him the sum of $1m to transfer the naira equivalent in favour of Destra Investment Limited. Later on the same day, December 2, 2014, Mr. Kabir and Mr. Sie Iyenome confirmed the receipt."

The prosecution also called Iyenome as its second prosecution witness, who also narrated how he changed $1m to its naira equivalent and paid it to ARM (for Metuh).

Both witnesses were cross-examined by the defence counsel.

Trial has been adjourned till tomorrow for the prosecution to call more witnesses.

The prosecuting counsel said he has 16 more witnesses who are ready to testify against Metuh. See gobe!

Social

Featured post

Artikel Terbaru

About me

728x90 AdSpace

Carousel

Manual Slider

Sponsor

BoxSlider

Followers

Popular Tags

Slider

Music

Facebook

Ads

Random Posts

About

Popular

Add Your Gadget Here

Entertainment

Latest News

Blog Archive

Search This Blog

Tags 4

Tags 3

Popular Posts

Olisa Metuh gave Me $2m Cash to Invest – Woman Confesses

The Economic and Financial Crimes Commission on Monday opened its case with two witnesses against the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, in the charges of money laundering of N400m which he collected from the Office of National Security Adviser.

Trial commenced before a Federal High Court in Abuja after the trial judge, Justice Okon Abang, overruled the objection by Metuh's lead counsel, Mr. Onyechi Ikpeazu (SAN) to adjourn the trial.

Ikpeazu also informed the judge on Monday that since Metuh had been unable to meet the bail conditions granted him on January 16, the defence had filed an application for variation of the terms.

He urged the court to adjourn the proceedings as the inability of his client to meet the bail conditions had adverse effect on his preparation for the defence.

The EFCC prosecution team led by Sylvanus Tahir, opposed the application for adjournment and his objection was upheld by the judge.

Tahir then proceeded to open the prosecution's case on Monday with the testimony of an employee of Asset and Resource Management Company Limited, Nneka Ararume, who narrated how he collected a total sum of $2m cash from Metuh at his house in Prince and Princess Estate, Abuja.

Nneka Ararume who described her position with the company as Wealth Manager, said the instruction given to her by Metuh was that the money should be invested.

She explained further that she went ahead to change the money to its Naira equivalent through two bureau de change operators she engaged.

She said, "He gave me the sum of $2m in $100 bills. It was taken to bureau de change operators who would then transfer the money to ARM. From there (Metuh's house) I proceeded to Mr. Sie Iyenome's office at Wuse 2 where I gave him the sum of $1m.

"I also invited Mr. Kabir Mohammed and I also gave him the sum of $1m to transfer the naira equivalent in favour of Destra Investment Limited. Later on the same day, December 2, 2014, Mr. Kabir and Mr. Sie Iyenome confirmed the receipt."

The prosecution also called Iyenome as its second prosecution witness, who also narrated how he changed $1m to its naira equivalent and paid it to ARM (for Metuh).

Both witnesses were cross-examined by the defence counsel.

Trial has been adjourned till tomorrow for the prosecution to call more witnesses.

The prosecuting counsel said he has 16 more witnesses who are ready to testify against Metuh. See gobe!

Share on Google Plus

About Olusegun Bolujo

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

LinkWithin