Abuja - A witness of the Economic and Financial Crimes Commission (EFCC) Nneka Ararume, has revealed before the Federal High Court sitting in Abuja how she helped the National Publicity Secretary of the Peoples Democratic Party, PDP, Olisa Metuh, to transfer $2 million into his company’s account, Nation reports.
The witness told the court that she is a Wealth Manager at Assets & Resources Management, ARM, a company that hitherto managed the asset portfolio of Metuh’s firm, Destra Investments Limited.
Nneka, whose company specialised in management of equities, fixed income instruments and real estate, told the court that she received the $2m from Metuh at his residence in Abuja.
Also read: Court directs EFCC to open its case against Metuh
She said the money was eventually changed to its Naira equivalent through two Bureaux de Change, BDC, operators.
The Economic and Financial Crimes Commission on Monday opened its case with two witnesses against the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, in 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.
The trial commenced before a Federal High Court in Abuja after the trial judge, Justice Okon Abang, overruled objection by Metuh’s lead counsel, Onyechi Ikpeazu (SAN) to adjourn the trial.
Read more at Nation
- News 24