A Federal High Court sitting in Abuja yesterday convicted the Director-General of the Labour Party, LP’’s Presidential Campaign Council, Doyin Okupe, for violating the Money Laundering Act.
Okupe was found guilty of receiving the sum of N240 million from the former National Security Adviser (NSA), Col. Sambo Dasuki.
The presiding judge, Justice Ijeoma Ojukwu, sentenced Okupe to two years imprisonment in the case filed by the Economic and Financial Crimes Commission (EFCC), who stated that the accused breached the Money Laundering Act.
Justice Ojukwu stated that Okupe was guilty in 26 out of the 59 counts against him by the EFCC in the money laundering offense, citing that the 26 counts attracted a two-year jail term each and would run concurrently.
The accused was found guilty of contravening Sections 16(1) & (2) of the Money Laundering Act, for accepting cash payments without going through a financial institution, in excess of the threshold allowed under the Act. He was given an option of N500, 000 in each of the counts, amounting to N13 million, which must be paid before 4:30 pm yesterday.
Recall that earlier this year that the EFCC re-arraigned former NSA, Sambo Dasuki; former finance minister, Bashir Yuguda and three others on 25 counts bordering on misappropriation and receiving fraudulent proceeds to the tune of N23.3 billion.
They were accused of diverting funds from the office of the National Security Adviser between 2013 and 2015 to finance election campaigns.
