News
Doyin Okupe Bags 2 Years Jail Term For Money Laundering
Doyin Okupe, director-general of the Peter Obi presidential campaign council, has been sentenced by a Abuja High Court to two years imprisonment for breaching the money laundering act.
In a judgment delivered on Monday, Okupe was found guilty of 26 out of a 59-count charge preferred against him by the Economic and Financial Crimes Commission (EFCC).
The presiding judge, Ijeoma Ojukwu, sentenced Okupe to two years in prison on each of the counts.
However, the sentence is to run concurrently.
Additionally, the judge said the convict is at liberty to pay a N500,000 fine on each of the counts — totalling N13 million.
The 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 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, the NSA at the time, was in office.