A Federal High Court sitting in Abuja on Monday sentenced the Director-General of the Peter Obi Presidential Campaign Organisation, Doyin Okupe to two years imprisonment after convicting him for money laundering.
The Economic and Financial Crimes Commission had arraigned Okupe in 2019 on a 59-count charge bordering on money laundering and diversion of funds to the tune of N702 million. He was arraigned alongside two companies- Value Trust Investment Limited and Abrahams Telecoms Limited. The anti corruption agency accused the former presidential aide of receiving cash from the Office of the then National Security Adviser, Sambo Dasuki while serving under the administration of president Goodluck Jonathan.
Justice Ijeoma Ojukwu convicted Okupe on Monday after finding him guilty of contravening sections 16 (1)&(2) of the Money Laundering Act by accepting cash payments in excess of the N5 million threshold allowed under the act without going through a financial institution.
Okupe was found guilty of 26 out of the 59-count charge slammed against him. The presiding judge however gave Okupe an option of fine instead of spending time in jail.
She held that the convict was at liberty to pay a fine of N500, 000 fine on each of the counts totalling N13 million.
