Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

ICPC sacks officer for granting El-Rufai’s wife ‘unauthorised’ access

Lagos govt denies woman’s hospital delay, POS extortion claims

Adopt Peter Obi as consensus candidate, group tells opposition committee

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Breaking News»Okupe has paid N13m fine after money laundering conviction – Labour Party
Breaking News

Okupe has paid N13m fine after money laundering conviction – Labour Party

DailyblastBy DailyblastDecember 19, 202202 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

The Labour Party Presidential Campaign Council (PCC) has said that its embattled Director-General, Doyin Okupe has paid N13m fine following his conviction by a Federal High Court Abuja on Monday.

The PCC Media Officer, Diran Onifade made this known in Uyo, the Akwa Ibom State capital ahead of the party’s rally in the state on Tuesday.

Related posts:

  1. Money laundering: Labour Party may change Doyin Okupe as Obi-Datti campaign DG
  2. I am not demoralized by Okupe’s conviction – Peter Obi
  3. Abuja court convicts Doyin Okupe for money laundering
  4. Oluchi Ikeoha arrested in India with 12kg drugs worth N13m

He said as the party that respects the rule of law, its officials will obey court judgments promptly.

Onifade, however, said appealing the judgment is a personal decision Okupe and that the PCC cannot influence that.

Earlier on Monday, Justice Ijeoma Ojukwu found Okupe guilty of receiving over N200 million cash from former National Security Adviser (NSA), Sambo Dasuki.

Delivering the judgement,  held that the action of Okupe, who is the first defendant in the suit filed by the Economic and Financial Crimes Commission (EFCC), violated the Money Laundering Act.

While stating that the Act provides that no individual or organization shall receive any sum above N5 million and N10 million respectively without passing through a financial institution, the judge held that “there is no evidence that the money passed through a financial institution”.

According to Justice Ojukwu, the NSA is not a financial institution, adding that even if the president was said to have authorized the funds, he did not say that the money must be paid in cash in violation of money laundering.

Consequently, the court held that the first defendant, Okupe was guilty in counts 34, 35, 36, and 59.

The Judge, however, found the defendants not guilty in counts 1 to 33 on the grounds that the prosecution failed to establish the charge of money laundering and criminal breach of trust and corruption against the NSA.

In counts 34 to 59 upon which Okupe was convicted, he was accused of receiving various sums ranging from N10 million on different occasions from 2012 to 2015 when he was SSA to President Goodluck Jonathan.

The court sentenced Okupe to two years imprisonment on count 34 with an option of a fine.

Post Views: 356
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous Article(Photos) Peter Obi arrives Uyo ahead of Labour Party campaign rally
Next Article I am not demoralized by Okupe’s conviction – Peter Obi
Dailyblast

Related Posts

ICPC sacks officer for granting El-Rufai’s wife ‘unauthorised’ access

September 4, 2026

Lagos govt denies woman’s hospital delay, POS extortion claims

September 4, 2026

Adopt Peter Obi as consensus candidate, group tells opposition committee

September 4, 2026
Add A Comment

Comments are closed.

Recent Posts
  • ICPC sacks officer for granting El-Rufai’s wife ‘unauthorised’ access September 4, 2026
  • Lagos govt denies woman’s hospital delay, POS extortion claims September 4, 2026
  • Adopt Peter Obi as consensus candidate, group tells opposition committee September 4, 2026
  • “You Igbos, your children will die before you, your parents will bury you” Abioye writes September 4, 2026
  • Peter Obi, Kwankwaso hold Town Hall in Port Harcourt, promise to rebuild Nigeria September 3, 2026
Top Posts

FCMB issue fake dollars to customer in Abuja

August 3, 2021

June 12 book: Ubani settles Dr Uzor Ngoladi & Chief Abimbola Aboderin matter out of court

August 4, 2021

Apostle Suleman slept with me twice and paid me N500,000 – Nollywood actress, Ifemeludike

August 21, 2021
Latest Reviews
Most Popular

FCMB issue fake dollars to customer in Abuja

August 3, 2021

June 12 book: Ubani settles Dr Uzor Ngoladi & Chief Abimbola Aboderin matter out of court

August 4, 2021

Apostle Suleman slept with me twice and paid me N500,000 – Nollywood actress, Ifemeludike

August 21, 2021
Our Picks

ICPC sacks officer for granting El-Rufai’s wife ‘unauthorised’ access

Lagos govt denies woman’s hospital delay, POS extortion claims

Adopt Peter Obi as consensus candidate, group tells opposition committee

© 2026
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.