The Federal High Court sitting Abuja has granted bail to the embattled
\nNational Publicity Secretary of the Peoples Democratic Party, PDP, Mr.
\nOlisa Metuh, to the tune of N400million.<\/p>\n
In a bench ruling this afternoon, trial Justice Okon Abang ordered Metuh
\nto produce two sureties who must deposit the sum of N200m each.<\/p>\n
The court maintained that the sureties must not only be residents in
\nAbuja, but also owners of landed \u0131properties within the Maitama district
\nof the FCT.<\/p>\n
\u0131They are to submit the Certificate of Occupancy of the properties to the
\nChief Registrar of the court for verification, as well as submit their
\nthree years tax clearance.<\/p>\n
According to the court, the sureties \u0131must swear to an affidavit of means
\nand also submit two recent passport photographs.<\/p>\n
More so, Justice Abang ordered Metuh to surrender his international
\npassport to the Chief Registrar of the high court.<\/p>\n
\u0131The PDP spokesman who was remanded in Kuje Prison last Friday, was
\nbrought to court this morning in handcuffs.\u0131<\/p>\n
He was brought to court in a prison bus with registration No. PS-682-AO.<\/p>\n
Metuh is answering to a seven-count criminal charge that was preferred
\nagainst him by the \u0131Economic and Financial Crimes Commission, EFCC.\u0131<\/p>\n
\u0131He is facing trial alongside his firm, \u0131Destra Investment Limited, \u0131over
\nalleged N400m fraud.\u0131
\nThe charge marked \u0131FHC\/ABJ\/CR\/05\/2016, was signed by the Assistant
\nDirector, Legal & Prosecution Department of the EFCC, Mr. Sylvanus Tahir.\u0131
\n\u0131
\nThe charge against Metuh borders on alleged money laundering, breach of
\ntrust and criminal diversion of public funds.
\n\u0131
\n\u0131Specifically, EFCC, alleged that Metuh had in November, 2014, collected
\nthe sum of N400m from the erstwhile National Security Adviser, NSA, Col.
\nSambo Dasuki, rtd.<\/p>\n
The fund which was withdrawn from an account the Office of the NSA
\noperated with the Central Bank of Nigeria, CBN, was allegedly transferred
\nto Metuh through account no. 0040437573, which Destra Investments Limited
\noperated with Diamond Bank Plc.
\n\u0131
\nEFCC insisted that whereas the fund was earmarked for campaign activities
\nof the PDP, it said that Metuh diverted most of it to his personal use.<\/p>\n
\u0131It alleged that Metuh converted \u0131part of the money to one Million US
\nDollars which he used for his personal business.\u0131
\n\u0131
\nBesides, Metuh was alleged to have transferred the sum of N21.7m to
\nanother chieftain of the PDP, Chief Tony Anenih.\u0131<\/p>\n
The court had earlier \u0131fixed January 25<\/span><\/span> to commence full-blown hearing on The Federal High Court sitting Abuja has granted bail to the embattled National Publicity Secretary of the Peoples Democratic Party, PDP, Mr. Olisa Metuh, to the tune of N400million. In…<\/p>\n","protected":false},"author":1,"featured_media":45726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-45725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\n
\nthe matter.\u0131<\/p>\n","protected":false},"excerpt":{"rendered":"