Okupe Pays N13million Over Breach of Money Laundering Act

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The Director-General of the Labour Party Presidential Campaign Council, Doyin Okupe, has paid N13 million fine to meet his bail conditions for his money laundering conviction.

Okupe was convicted of the offence on Monday by a Federal High Court in Abuja.

He was found guilty of receiving over N200 million cash from a former National Security Adviser, Sambo Dasuki.

Recall that the former presidential spokesman was earlier sentenced to two and half years imprisonment for breaching the Money Laundering Act.

Written by: Helen Obih

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Court Convicts Okupe of Breach of Money Laundering Act

The Federal High Court sitting in Abuja has convicted the Director General of the Presidential Campaign Council of the Labour Party, Doyin Okupe, over alleged breaching of the Money Laundering Act. Delivering judgment, the presiding Judge, Ijeoma Ojukwu, found Okupe guilty of accepting cash in excess of the threshold allowed under the Act without going through a financial institution. Justice Ojukwu sentenced him to two years imprisonment on counts 35 […]

12/19/2022 18