Just in: Court grants Olisa Metuh N400m bail

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A Federal High Court in Abuja has granted the National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, bail in the sum of N400 million, with two sureties in the sum of N200 million each.

According to the trial judge, Justice Okon Abang, in his ruling on Metuh's bail application, the two sureties must have landed properties in Maitama District of the Federal Capital Territory.

The sureties, the judge held, must deposit the Certificate of Occupancy (Cof O) to the Registrar of the court, who must verify the authenticity of the title document of the property from the land registry of the Ministry of the Federal Capital Territory.

Other conditions for Metuh's bail, the judge added, are that the sureties must swear to an affidavit of means, must deposit two of their passports with the registrar of the court, the residence of the sureties must be confirmed and that the PDP spokesman should deposit his international passport with the court.

He was arrested by four officials of the Economic and Financial Crimes Commission (EFCC) at his home on January 5, at about 10:00AM and was taken away in an unmarked white Hiace bus.

His spokesman told reporters that officials of the anti-graft agency said that Mr Metuh was being invited on a friendly note to answer questions at the anti-graft agency’s headquarters in Abuja.

Reacting to the arrest, the PDP said thatthe arrest of Mr Metuh, based on an intelligence the party claims it got, was part of a larger script by the government to ensure that PDP’s wings were finally clipped.

It claimed it was a witch hunt of its members by the ruling party.

After Metuh’s arrest, the EFCC filed a seven count charge of criminal breach of trust, corruption and money laundering against him.

According to the charges, Mr Metuh allegedly transferred the sum of one million dollars through his agent, Nneka Nicole Ararume, to one Sie Iyenome of Capital Field Investment committing, an offense contrary to Section One of the Money Laundering Act.

He was also accused of receiving the sum of 400 million Naira from the office of the former National Security Adviser, Colonel Sambo Dasuki, without a contract.


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