A Federal High Court in Abuja on Monday convicted the Director-General of Peter Obi Presidential Campaign Organization, Dr Doyin Okupe, of money laundering.
Justice Ijeoma Ojukwu, who handed down the judgment, found Okupe guilty of breaching Sections 16(1) and (2) of the Money Laundering Act and acceptance of cash payment above the cash ceiling allowed under the Act without going through a financial institution.
Justice Ojukwu stated that the Act provides that no individual or organization shall receive any sum above N5 million and N10 million respectively without passing through a financial institution.
Okupe was found guilty on counts 34 to 59 for receiving sums of money ranging from N10 million on different occasions from 2012 to 2015, when he was the Senior Special Assistant to then President Goodluck Jonathan.
Ojukwu, however, did not find Okupe guilty of counts 1 to 33 on the grounds that the Prosecution failed to establish the charge of money laundering and criminal breach of trust and corruption against the ex-National Security Adviser, retired Col. Sambo Dasuki.
Details shortly….
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