How I Spent Alleged N400m Loot – Metuh

How I Spent Alleged N400m Loot – Metuh

by Joseph Anthony
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Olisa Metuh

Olisa Metuh, the former National Publicity Secretary of the People’s Democratic Party, PDP, on Tuesday, May 28, 2019 told a Federal High Court sitting in Abuja, how he spent an alleged N400 million traced to him as proceed of money laundering by the Economic and Financial Crimes Commission, EFCC.

According to Metuh, while testifying before Justice Okon Abang, said โ€œWe leased an office through the late Chief Tony Anene, amounting to N25million. He requested for cash payment and over N21Million was made in cheque in his name and delivered to him. The office was fully furnished with state -of โ€“the- art -computers, internet facility, two brand new generators and staff had  24-hours access to the office daily”.


He further revealed that N37million was used for media engagements and meetings with editors in Nigeria, adding that expenditures on analysts, content developers, core staff and support staff hired for the purpose of the assignment amounted to N13million, โ€œwhile CNC connect one of the consulting firms came to N7millionโ€, he said.

He also revealed that workshops and perception management campaign cost N23million and that N10million was spent on new media, while the production of materials, appearances on radio and other media services gulped N15million.

According to Metuh who is the first defendant in the matter, the cost of security, transportation, hotel allowances amongst others amounted to N47million. He said that the total amount spent in the South- south zone was N55million, while the Northern zone, handled by the late Tony Anene amounted to N97million with an additional N1.4million which was used for procurement of public address systems.

Metuh further told the court that the amount spent in the South-east region amounted to N40.4million, while honorarium for different recruited persons cost N200, 000 each adding that there were 57 of them.

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