The case was closed by the commission after the 8th prosecution witness, Mr. Junaid Said, an investigative officer with the EFCC, told the court how $47 million was withdrawn from the Central Bank of Nigeria (CBN) and disbursed to members of the PDP including Metuh for the purpose of the party’s presidential campaign.
“It was at that period that Dasuki withdrew $47 million from the CBN which was shared to members of the party for the presidential convention that the commission traced the $2 million paid to Destra Investment company belonging to Metuh. It was four days after the disbursements that Metuh gave the money to his then wealth manager, Nneka Nicole Ararume,” the witness said.
Under cross examination by Onyechi Ikpeazu (SAN), the lawyer to Metuh, Said told the court that Metuh had written in his statement that the monies he received from the Office of the former National Security Adviser (NSA) was for campaign activities was approved by former President Goodluck Jonathan and for the payment of his personal debt.
The witness also said the National Women Leader of the PDP, Kema Chikwe, also received N5 million from the said money while the Chairman, Board of Trustees of the PDP, Tony Anenih, also got N21.7 milllion, adding that the about N77.5 million was paid to one CMC Connect for campaign publicity for the PDP while N25 million was giving to Abba Dabo for the same purpose.
He also told Justice Obong Abang, the presiding judge that Metuh paid the sum of N500 million in two tranches to a company Daniel Ford International for the purchase of a landed property at Banana Island in Lagos state.
Olisa Metuh was arrested in January following his involvement in the alleged $2.1 billion arms deal, meant for the procurement of arms, but which was released to him for campaign activities of the PDP by the immediate past NSA, Col. Sambo Dasuki (rtd.)
Metuh who remained in the custody of the EFCC for several weeks was finally released on bail on January 19, after meeting the conditions for his bail as set a Federal High Court in Abuja.