Court Convicts Okupe of Breach of Money Laundering Act

The Federal High Court sitting in Abuja has convicted the Director General of the Presidential Campaign Council of the Labour Party, Doyin Okupe, over alleged breaching of the Money Laundering Act.

Delivering judgment, the presiding Judge, Ijeoma Ojukwu, found Okupe guilty of accepting cash in excess of the threshold allowed under the Act without going through a financial institution.

Justice Ojukwu sentenced him to two years imprisonment on counts 35 to 59 with an option fine of N500,000.