Fraud trial: How I distributed N400m from Dasuki — Metuh

Posted by News Express | 28 September 2019 | 1,381 times

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•PDP former National Publicity Secretary Olisa Metuh

Olisa Metuh, former National Publicity Secretary of the Peoples Democratic Party (PDP), on Friday, September 27, 2019 narrated in a Federal High Court, Abuja, presided over by Justice Okon Abang, how he distributed the N400 million, he collected from the Office of the National Security Adviser (ONSA), under Sambo Dasuki as National Security Adviser in 2014, in what he said was a “special national assignment,” in the lead up to the 2015 general election.

Metuh is facing prosecution by the Economic and Financial Crimes Commission (EFCC) alongside his company, Destra Investment, on seven-count charges, bordering on money laundering to the tune of N400 million.

Metuh, who is the defence team’s 15th witness, under cross-examination by the prosecution counsel told the court that there was never an instance where the former President Goodluck Jonathan directly paid any money to him. He said that the payment of N400 million was for the national assignment as directed by the then president.

Upon being shown the statement of his account which had N6.6 million before an inflow of N400 million into it on November 24, 2014, he narrated to court how he disbursed the money in what he said was a ‘national assignment’.

He said there was an outflow of N7.5 million from the amount through a cheque to a company, CNC Connect on December 2, 2014, another payment of N21.7 million to Chief Anenih and N50 million to Kanayo/Olisah Metuh which is a joint account on December 4, 2014. On that same date, he narrated that there was another outflow of N31.5 million to Richard Ehidioha.

He also told the court of two separate payments of N200 million and N300 million to Daniel Ford International also on December 4, 2014.

Other subsequent expenditures he said are payments to CNC Connect in the sum of N70 million on December 15, 2014; N25 million to Abba Dabo on December 16, 2014 and N5 million to Ambassador Kema Chikwe.

He told the court that a final report he submitted to the then president had all the expenditures of the N400 million, captured in receipts and signatures for all payment of monies in cash and through several accounts for the special assignment. He said he had about 19 accounts of which more than five are in Diamond Bank (now Access Bank).

Metu also told the court that he made an investment of $2 million dollars in cash in ARM, through an ARM staff, Miss Nneka Ararume.

When asked if the equivalent of the $2 million was paid in naira into Dextra’s account which was to the tune N366 million at that time, he said: “We led evidence to show that the $2 million was paid by me to ARM and the prosecution had led evidence to show that Nneka Ararume paid monies to bureau de change which now transferred the monies into my account.”

Metuh said he did not have any dealings with the bureau de change, recalling that Miss Ararume told the court that she got his account details from his record with ARM and gave it to the bureau de change.

When asked if the non-payment of $2 million dollars into his account was to conceal the origin of the money, Metuh said the non-payment of the sum into his account was the failure of his account officer to execute a lawful and legal directive.

Justice Abang adjourned the matter to September 30, 2019 for continuation of trial.

 


Source: News Express

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