Facts are beginning to emerge on how embattled National Publicity Secretary to the Peoples Democratic Party, PDP, Mr Olisa Metuh allegedly collected the sum of N400m from the office of the National Security Advicer. The Economic and Financial Crimes Commission on Monday commenced proseution of the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, on 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, with an employee of Asset and Resource Management Company Limited, Nneka Ararume, narrating how he collected a total sum of $2m cash in $100 bills from Metuh at his house in Prince and Princess Estate, Abuja, with an instruction to invest the sum.
Ararume who described her position with the company as Wealth Manager, said she went ahead to change the money to its naira equivalent through two bureau de change operators, Mr. Kabir Mohammed and Mr. Sie Iyenome, who transferred the naira equivalent in favour of Destra Investment Limited. She added that later on the same day, December 2, 2014, Mr. Kabir and Mr. Sie Iyenome confirmed the receipt. Iyenome, the prosecution’s second witness, also narrated how he changed $1m of the sum to its naira equivalent and paid it to ARM. Both witnesses were cross-examined by the defence counsel. The prosecuting counsel said he had 16 more witnesses.