Director General of Presidential Campaign Council of the Labour Party, Dr. Doyin Okupe, has been convicted by a Federal High Court in Abuja of breaching the money laundering Act.
The former Senior Special Assistant on Media to ex-President Goodluck Jonathan, said to have received hundreds of millions in cash from the office of the National Security Adviser while Col. Sambo Dasuki (retired) was in office.
Okupe was arraigned by the Economic and Financial Crimes Commission on a 59-count charge bordering on “money laundering and criminal diversion of funds” to the tune of N702, 000, 000 (Seven Hundred and Two Million Naira) only.
He was also arraigned along with two companies, Value Trust Investment Ltd and Abrahams Telecoms Ltd, allegedly involved in the commission of the fraud.
In a latest development, Justice Ijeoma Ojukwu found Okupe guilty of contravening sections 16(1)&(2) of the Money Laundering Act, for accepting cash payments without going through financial institution, in excess of the threshold allowed under the Act.
According to The Nation, Justice Ojukwu has stood down proceedings till 1:45pm for Okupe to exercise his right under Section 310 of the Administration of Criminal Justice Act to call witnesses to testify about his character, before the court could proceed to pronounce sentence on the convict
