A Federal High Court sitting in Abuja on Friday, January 15, has ordered that the spokesperson of the Peoples Democratic Party, Olisa Metuh, be remanded in prison in the Federal Capital Territory, while his trial for alleged money laundering offences continues.
The decision of the court came following his not guilty plea to a seven-count charge of corruption and money laundering.
Recall, Mr Metuh had on January 5, been arrested by detectives of the Economic and Financial Crimes Commission (EFCC).
The EFCC is accusing him of receiving N400 million from the former National Security Adviser, Sambo Dasuki, believed to be part of a $2.1 billion meant for arms procurement but which was allegedly diverted by Mr. Dasuki.
He was also charged of transferring $1 million through his agent, Nneka Nicole Ararume, to one Sie Iyenome of Capital Field Investment, committing an offence contrary to Section One of the Money Laundering Act, and then converting the said money to funds for political activities of the People’s Democratic Party.
After pleading not guilty to the charges, the counsel to the EFCC, Sylvanus Tahir, moved that the court decides a date for the continuation of the hearing, but requested that Mr. Metuh be remanded in prison while trial in the case continues.
Justice Okon Abang of the Federal High Court, Abuja, who refused the oral application for bail and directed that Mr. Metuh be remanded in prison, adjourned the matter till January 19 for consideration of Mr. Metuh’s bail application.