x

Money Laundering: Court Sentence Okupe To Two Years In Prison

The Federal High Court Abuja has found Dr Doyin Okupe guilty of receiving over N200 million cash from former National Security Adviser (NSA) Col. Sambo Dasuki and also sentenced him to two years imprisonment.

Justice Ijeoma Ojukwu while delivering judgement on Monday, held that the action of Okupe, who is the first defendant in the suit filed by the Economic and Financial Crimes Commission (EFCC), violated the Money Laundering Act.

The court sentenced Okupe, who is the Director-General of the Peter Obi Campaign Organisation, to two years imprisonment on count 34 with an option of a fine of N500,000.

The court also sentenced him to two years imprisonment on counts 35 to 59 with an option fine of N500,000. The option of fine is to run consecutively on each count while the sentence is to run concurrently. The sentence to run from the day of delivering the judgment.

The court noted that it refrains from making any custodial order, but the convict is the property of the state.

The judge also gave Okupe till 4:30 pm before being taken into custody. Okupe was found guilty in counts 34 to 59 o the charges.

Hot this week

FG Seeks Appeal Against Court Order to Investigate Attacks on Journalists in Nigeria

By Achadu Gabriel, KadunaThe Federal Government has applied to...

EFCC Raises Alarm Over Banks, Fintechs in ₦18.7bn Fraudulent Investment, Airline Discount Schemes

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Delta APC Stakeholders Meet in Asaba, Emphasise Unity, E-Registration, Congress Preparation

Stakeholders of the All Progressives Congress (APC) in Delta...

CROSSJOF Praise Sen. John Owan Enoh’s MSME Initiative in Cross River

By Joyce Remi-BabayejuThe Cross River State Journalists Forum, (CROSSJOF)...

Investigation absolves Aondoakaa in Utan Bran compensation case

An independent investigation by Nigerian Concord Newspaper has found...

Ibeno stakeholders Dismantle Ekid Claims over Stubb Creek, Affirm Constitutional Ownership

By Ogenyi Ogenyi,Uyo.The Ibeno people of Cross Rivers state...

NDIC Seeks Stronger Collaboration with EFCC on Financial System Stability

The Nigeria Deposit Insurance Corporation (NDIC) has called for...

EFCC, NEITI Move to Strengthen Ties Against Extractive Sector Fraud

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

CAN Holds Special Prayer for 177 Abducted Worshippers

By Achadu Gabriel, KadunaThe Christian Association of Nigeria (CAN)...

CAN Holds Special Prayer for 177 Abducted Worshippers in Kaduna

The Christian Association of Nigeria (CAN) in Kajuru Local...

NYSC Member, Others Abducted on Biu–Damaturu Road in Borno

An NYSC corps member and several other travellers have...

Pro-Tinubu Group Launches NIN Registration Initiative in Plateau

A pro-President Bola Ahmed Tinubu support group, Tinubu or...

Related Articles

Popular Categories

spot_imgspot_img