Court Convicts Peter Obi Campaign DG Doyin Okupe For Money Laundering

Court Convicts Peter Obi Campaign DG Doyin Okupe For Money Laundering

A Federal High Court sitting in Abuja has convicted Doyin Okupe, director-general of the Peter Obi Presidential Campaign Council, for money laundering.
The Economic and Financial Crimes Commission (EFCC) had arraigned Okupe in 2019 on a 59-count charge bordering on alleged money laundering and diversion of funds to the tune of N702 million. He was arraigned before Justice Ijeoma Ojukwu alongside two companies – Value Trust Investment Ltd and Abrahams Telecoms Ltd.

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Okupe, a former Senior Special Assistant on Media to former president Goodluck Jonathan, was convicted for breaching the Money Laundering Act.

In a judgment on Monday, Justice Ijeoma Ojukwu found Okupe guilty of contravening sections 16(1)&(2) of the Money Laundering Act, for accepting cash payments without going through the financial institution, in excess of the threshold allowed under the Act.

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Meanwhile, the court said his plea of ignorance of the source of the N240m is no excuse.

He was therefore sentenced to 2 years jail term or pay a fine of N13m.

Failure to comply to the order before the end of the day, he will be taken into custody.

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