The Economic and Financial Crimes Commission (EFCC) has reportedly traced N1.4billion to the account of a company linked to Peoples Democratic Party (PDP) spokesman, Olisa Metuh.
EFCC traces N1.4bn to account of company linked to PDP spokesman - Report
The money was allegedly discovered during investigations into the arms deal fraud for which former National Security Adviser (NSA), Sambo Dasuki is being tried.
According to The Nation, the money was discovered during investigations into the arms deal fraudfor which former National Security Adviser (NSA), Sambo Dasuki is being tried.
The EFCC is said to be planning to freeze the accounts of the company, Destra Investment Limited, when the investigations reach a satisfactory stage.
Sources also reportedly told The Nation that EFCC investigators had discovered that Destra Investment Limited was used to fund the PDP’s activities, including its 2015 campaign.
“We will invite Metuh any moment from now for clarifications on some of these transactions in this firm, which he allegedly owns. From our records, part of the $2.1billion arms cash has been traced to Destra Investment Limited. About N400million was transferred from ONSA to the company on November 24, 2014 which had a balance of N6, 676,576.06 only before major in flow from the ONSA,” an EFCC source said.
“By December 2015, the owner of Destra had a turnover of over N1.4billion. There is no document to show that the company executed any job for ONSA. All companies engaged by ONSA appeared before the initial Special Investigative Panel raised by the Presidency.
“Other documents indicated that Metuh was allegedly on a monthly unexplained stipend of N4million cash from ONSA. Out of the funds in Destra account, N25million was paid to Abba Dabo, a former Senior Special Assistant Political to former Vice President Namadi Sambo on the 16th of December 2014," the source added.
Earlier reports had it that Metuh was set to be invited by the EFCC for allegedly receiving N400 million from Dasuki.
The PDP spokesperson, in a statement on Monday, January 4, however criticized the agency for trying him on the pages of newspapers instead of inviting him to its office.
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