Ade Adesomoju, Abuja
The Economic and Financial Crimes Commission on Monday opened its case with two witnesses against the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, in the charges of money laundering involving the sum of N400m which he allegedly collected from the Office of the National Security Adviser in November 2014.
The trial commenced before a Federal High Court in Abuja after the trial judge, Justice Okon Abang, overruled objection by Metuh’s lead counsel, Mr. Onyechi Ikpeazu (SAN) to adjourn the trial.
Ikpeazu also informed the judge on Monday that since Metuh had been unable to meet the bail conditions granted him on January 16, the defence had filed an application for variation of the terms.
He urged the court to adjourn the proceedings as the inability of his client to meet the bail conditions had adverse effect on his preparation for the defence.
The prosecution led by Mr. Sylvanus Tahir, opposed the application for adjournment and his objection was upheld by the judge.
Tahir then proceeded to open the prosecution’s case on Monday with the testimony of an employee of Asset and Resource Management Company Limited, Nneka Ararume, who narrated how he collected a total sum of $2m cash from Metuh at his house in Prince and Princess Estate, Abuja.
Ararume who described her position with the company as Wealth Manager, said the instruction given to her by Metuh was that the money should be invested.
She explained further that she went ahead to change the money to its naira equivalent through two bureau de change operators she engaged.
She said, “He gave me the sum of $2m in $100 bills. It was taken to bureau de change operators who would then transfer the money to ARM. From there (Metuh’s house) I proceeded to Mr. Sie Iyenome’s office at Wuse 2 where I gave him the sum of $1m.
“I also invited Mr. Kabir Mohammed and I also gave him the sum of $1m to transfer the naira equivalent in favour of Destra Investment Limited. Later on the same day, December 2, 2014, Mr. Kabir and Mr. Sie Iyenome confirmed the receipt.”
The prosecution also called Iyenome as its second prosecution witness, who also narrated how he changed the $1m to its naira equivalent and paid it to ARM.
Both witnesses were cross-examined by the defence counsel.
Trial has been adjourned till tomorrow for the prosecution to call more witnesses.
The prosecuting counsel said he had 16 more witnesses.

babyfaceafrica:
Source?

The prosecution led by Mr. Sylvanus Tahir, opposed the application for adjournment and his objection was upheld by the judge.
Tahir then proceeded to open the prosecution’s case on Monday with the testimony of an employee of Asset and Resource Management Company Limited, Nneka Ararume, who narrated how he collected a total sum of $2m cash from Metuh at his house in Prince and Princess Estate, Abuja.
Ararume who described her position with the company as Wealth Manager, said the instruction given to her by Metuh was that the money should be invested.

naijapips02:


Any relation to senator Ararume?

Is this why Ararume's thugs are all over Nairaland defending this thief?

The sooner you realize that IPOB is just a coven of miscreants that are paid to be stupid, the better for you.

Chigold101:
So because he gave this person 2milliom dollars thats what made a thief?
How much is 2million dollar in naira?
Are they saying that metu doesnt worth more 2million dollars?

You do realise you deserve to be his companion in Kuje with this nonsense you spewed from one dark place?

What is his primary source of income beyond using his many coys to buy properties for politicians abroad & laundering national commonwealth for them!!!

If you & your ilk are aware of how much damage, metuh & co have wreaked on your lives, you'd log out, arrange boys go break hin head!

If we check now, you've never seen 200$ , you come online with "grammar" to defend someone whose actions are directly or indirectly responsible for your poor education.... SMH!!!

Chigold101:
So because he gave this person 2milliom dollars thats what made a thief?
How much is 2million dollar in naira?
Are they saying that metu doesnt worth more 2million dollars?

Chigold101:
So because he gave this person 2milliom dollars thats what made a thief?
How much is 2million dollar in naira?
Are they saying that metu doesnt worth more 2million dollars?

PentiumPro:


I'm sure very sure very few people in the American political establishment have seen $2M physical cash in all their lives. What is Olisa Metuh's job?

IVORY2009:
Until a verifiable source is presented frm newspaper like Guardian newspaper, Thisday, Punch etc, dis is regarded as an allegation and a mere media trial, as usual by this govt of Mohammedu Buhari.

Chigold101:
So because he gave this person 2milliom dollars thats what made a thief?
How much is 2million dollar in naira?
Are they saying that metu doesnt worth more 2million dollars?

Dedetwo:



This is arrant nonsense. It appears everything about Nigeria exudes stupidity. How did this joker carry $2m? How did she invest it since the order from the boss was to invest the fund? She does not need to change the money into naira to invest a fund belonging to a company. Does the company not have bank account? By the way, the central figure in this witch hunt is 400m naira not $2m.

spako4:
How can an ordinary person without industry had 2MILLION dollar in his house?
Only drug barons ,robbers and corrupt politicians keep this kind of amount at home

Chigold101:
So because he gave this person 2milliom dollars thats what made a thief?
How much is 2million dollar in naira?
Are they saying that metu doesnt worth more 2million dollars?

Dedetwo:


How did you arrive at the above crap? Were you one of them?