Tuesday, August 18, 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

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.”

Governor Ademola Adeleke

States

Zamfara Accord Party governorship candidate hails Adeleke

Zamfara Accord Party governorship flag bearer Musa Yusuf-Garba felicitated Governor Ademola Adeleke on his re-election in the August 15 Osun election.

Sani Takori, VinMartin Ilo and Steve Nwosu

States

NDC national leader Seriake Dickson appoints  media, political, technical advisers

NDC leader Seriake Dickson has appointed Sani Takori, VinMartin Ilo and Steve Nwosu as political adviser, chief technical adviser and spokesman, respectively.

Providus

Economy

Providus Bank boosts Asaba urban renewal with Kainebisi project

Providus Bank has begun beautifying and restructuring Kainebisi Roundabout in Asaba, giving fresh impetus to existing urban renewal initiatives.

Edward Zimbardi

Heading 4

Alleged mastermind of $165 million crypto Ponzi scheme arrested after deportation from Fiji

Between June 2022 and August 2023, the suspect allegedly created and promoted the platform.