Wednesday, 6 January 2016

$2.1bn arms cash: Olisa Metuh spends first night in EFCC cell over N1.4bn traced to coy

According to Vanguard:

The ongoing investigation by the Economic and Financial Crimes Commission has landed Chief Olisa Metuh the spokesman of the Peoples Democratic Party, PDP,in the Commission’s cell in Abuja.


Metuh, who was arrested by four operatives of the anti-graft agency from his Abuja home, spent the first night with his interrogators at the headquarters of the EFCC, answering questions on how the sum of N1.4 billion strayed from the account of the Office of the National Security Adviser into a company, Destra,  linked to him.

It was learnt that N400 million was transferred from ONSA out of the $2.1 billion arms funds to the company on November 24, 2014 which previously had a balance of N6, 676,576.06 only before the major transfer from the ONSA.

A top EFCC source said Metuh was likely to spend the night with them given the weight of financial transactions in ONSA traced to him and his company.

Investigation is still ongoing

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