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Nigeria: Abuja Court Convicts Doyin Okupe for Money Laundering

Okupe was said to have received cash from the office of the National Security Adviser (NSA) while Sambo Dasuki was in office.

A federal high court in Abuja has convicted Doyin Okupe, director-general of the Peter Obi presidential campaign, for violating the money laundering act.

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 Ijeoma Ojukwu, the presiding judge, alongside two companies – Value Trust Investment Ltd and Abrahams Telecoms Ltd.

Okupe was said to have received cash from the office of the National Security Adviser (NSA) while Sambo Dasuki was in office.

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

The case has been stood down for allocutos  (to allow the convict, Okupe, to call witnesses to testify about his character), as enshrined under Section 310 of the Administration of Criminal Justice Act (ACJA).

The sentencing is expected to be delivered after the process must have been concluded.

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