Home News Doyin Okupe Convicted For Money Laundering

Doyin Okupe Convicted For Money Laundering

Doyin Okupe convicted

The Director General of the Presidential Campaign Council (PCC) of the Labour Party (LP), Doyin Okupe has today Monday, December 19, been convicted by an Abuja federal high court for breaching the Money Laundering Act.

Justice Ijeoma Ojukwu while ruling on the case in which Okupe is accused of receiving hundreds of millions in cash from the office of the National Security Adviser (NSA), Col. Sambo Dasuki (retired) averred that Okupe, a former Senior Special Assistant (SSA) on Media to ex-President Goodluck Jonathan is guilty of contravening sections 16(1)&(2) of the Money Laundering Act, by accepting cash payments without going through a financial institution, in excess of the threshold allowed under the Act.

The Judge however stood down proceedings till 1:45 pm for Okupe to exercise his right under Section 310 of the Administration of Criminal Justice Act (ACJA) to call witnesses to testify about his character, before the court could proceed to pronounce his sentence.
The court later made an order for the option of a prison sentence “OR” an option of payment of the fine in lieu of a prison sentence.

Okupe is expected to pay an N500,000 fine for each of the counts he was guilty of.

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