Monday, November 9, 2026

Money Laundering: Doyin Okupe to pay N500,000 fine or risk two years in prison

Mr Okupe has an option of N500,000 fine and accept the guilty verdict, or file an appeal and be taken into custody until further directives.

• December 19, 2022
Doyin Okupe
Doyin Okupe

Justice Ijeoma Ojuwku of a Federal High Court sitting in Abuja has sentenced Doyin Okupe, the director-general of the Peter Obi presidential campaign, two years imprisonment following a guilty verdict on charges of money laundering and diversion of funds.

Mr Okupe was earlier today found guilty of 26 counts  (34-59) out of the 59 charges on allegations of syphoning N10 million on multiple occasions between 2012 and 2015 while serving as Senior Special Adviser to former President Goodluck Jonathan.

In her ruling on Monday afternoon, Justice Ojukwu, who is the presiding judge in the case dating back to 2019 brought against the Ogun-born politician by the Economic and Financial Crimes Commission (EFCC), handed Mr Okupe a two-year imprisonment sentence.

However, the court gave Mr Okupe an option of N500,000 fine which should be paid before 4:30 p.m. of Monday, December 19, certifying the acceptance of a guilty verdict, or file an appeal and be taken into custody until further directives.

Meanwhile, Mr Okupe wasn’t found guilty by the Judge on counts 1 to 33 on the basis that the EFCC failed to establish the offence of money laundering and criminal breach of trust and corruption against former NSA Sambo Dasuki.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

States

Police rescue 10 passengers abducted in Ogun, kill suspected kidnapper, recover N1.3 million, rifle

The command said police on Sunday stormed the suspected kidnappers’ hideout along the Ibadan-Ijebu Ode Road, where a gun battle ensued.

Seyi Makinde

Hot news Home top

Circular Road Project: Oyo govt pays N5.35 billion compensation to 578 property owners

The payments followed the screening and execution of Deeds of the Indemnity by the affected property owners.

NiMet

Hot news Home top

NiMet predicts three-day dust haze, thunderstorms nationwide from Monday

The agency forecast sunny conditions across the North-East throughout the three-day period.

States

My govt success tied to Tinubu’s reforms, says Okpebholo

Mr Okpebholo made the call at an APC campaign rally in Abudu.

Rangers International FC

States

NPFL: Rangers Int’l FC beat Kwara Utd 1-0 in Awka

The victory marks Enugu Rangers’ third consecutive win since they returned to the Anambra capital as their temporary home.

APC LOGO

States

LP agents disrupted Abia event to embarrass Tinubu, says APC

The state APC Publicity Secretary, Uche Aguoru, made the allegations in a statement on Sunday.