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

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

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

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.”

Abuja
Building collapses in Abuja, rescue operation underway
Details of the incident are still sketchy as of press time.

Africa
Tinubu condoles Tanzania president over husband’s death
Mr Hassan passed away after being hospitalised earlier on Monday.

Heading 1
Russia shuts German consulate in St Petersburg over drone row
Germany blamed Russia for an attempted drone attack at Leipzig/Halle Airport on August 4.

States
Suspected motorcycle thief arrested in Jigawa
Mr Dama said the tracing operation successfully generated the geographical coordinates of the motorcycle.

Education
Kano assembly upgrades college to offer science, technology courses
Mr Hussaini said the development would enable the institution seek accreditation from NBTE alongside its existing agricultural programmes.






