Olisa Metuh gives breakdown of how he shared N400 million received from Dasuki

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– Olisa Metuh has explained how he shared the N400 million he received from ex-NSA Sambo Dasuki

 

– The former PDP insisted that the money was spent on “special national assignment”, adding that ex-President Jonathan never paid money to him directly

 

– Giving a breakdown of how the money was distributed, Metuh said all the expenditures of the N400 million captured in receipts and signatures were in a report he submitted to Jonathan

 

Olisa Metuh, former national publicity secretary of the Peoples Democratic Party (PDP), has given a breakdown of how he shared the N400 million he received from the Office of the National Security Adviser in 2014.

 

According to Premium Times, Metuh revealed this to a Federal High Court sitting in Abuja on Friday, September 27.

 

The ex-PDP spokesman had in April told the court that the N400 million he is accused of collecting from the federal government was spent on “special national assignment.”

The EFCC is prosecuting Metuh and his company, Destra Investment, on a seven-count charge, for allegedly diverting the money he received from Sambo Dasuki, the national security adviser under former President Goodluck Jonathan’s administration.

 

Metuh told the court that there was never an instance where the former president directly paid any money to him just as he insisted that the N400 million was for a national assignment as directed by Jonathan.

 

He, however, gave a breakdown of how the money was spent after being shown the statement of his account which had N6.6 million before an inflow of N400 million into it on November 24, 2014.

 

According to Metuh, there was an outflow of N7.5 million from the amount through a cheque to a company, CNC Connect, on December 2, 2014.

 

There was another payment of N21.7 million to late Tony Anenih and N50 million to Kanayo/Olisah Metuh which is a joint account on December 4, 2014.

On December 4, 2014, there was another outflow of N31.5 million to Richard Ehidioha as well as two separate payments of N200 million and N300 million to Daniel Ford International.

 

Metuh added that there was also payment of N70 million to CNC Connect on December 15, 2014, N25 million to Abba Dabo on December 16, 2014; and N5 million to Kema Chikwe.

 

He also explained that a final report he submitted to Jonathan contained all the expenditures of the N400 million captured in receipts and signatures for all payment of monies in cash and through several accounts for the special assignment.

 

He noted that he had about 19 accounts of which more than five are in Diamond Bank.

 

Metuh also said he made an investment of $2 million dollars in cash in ARM, through an ARM staff, Nneka Ararume.

 

Asked if the equivalent of the $2 million was then paid in naira into Dextra’s account, Metuh said: “We led evidence to show that the $2 million was paid by me to ARM and the prosecution had led evidence to show that Nneka Ararume paid monies to bureau de change which now transferred the monies into my account.”

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