$2.1bn Arms Deal: EFCC arrests PDP spokesman, Olisa Metuh

The Economic and Financial Crimes Commission (EFCC) has arrested the National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh on Tuesday.

EFCC detectives had earlier probed Metuh for his involvement in the $2.1 billion arms contracts and traced at least N400m to the account of a company allegedly linked with Peoples Democratic Party (PDP) spokesman.


The company, Destra Investment Limited had N6. 67 million as at November 24, 2014, but by last December, had a balance of N1.4billion.

According to a report by The Nation, EFCC investigators discovered that Destra Investment Limited was used to fund the PDP’s activities, including its 2015 campaign.

Some of the deposits in the account were: N400million from the Office of National Security Adviser (ONSA) on November 24th, 2014; N253million ( December 2nd and 4th, 2014) from Ibrahim Kabiru whose identity was yet to be confirmed; N91million on 2nd December 2014 from Capital Field Investment; and N92million on 3rd December 2014 from Etonye Oyintoneife.

A source in the commission said: “We will invite Metuh any moment from now for clarifications on some of these transactions in this firm, which he allegedly owns.

“By December 2015, the owner of Destra had a turnover of over N1.4billion. There is no document to show that the company executed any job for ONSA. All companies engaged by ONSA appeared before the initial Special Investigative Panel raised by the Presidency.

“Other documents indicated that Metuh was allegedly on a monthly unexplained stipend of N4million cash from ONSA.

“Out of the funds in Destra account, N25million was paid to Abba Dabo, a former Senior Special Assistant Political to former Vice President Namadi Sambo on the 16th of December 2014.

“Also, about N21,776,000 was remitted on 4th December 2014 to an account allegedly belonging to a former Minister of Works, Chief Tony Anenih; N31.5million to his media aide and N50 million to Metuh/Kanayo on the same transaction date.

“We have also established a link between Capital Field Investment and SEI Societe d’equipments Internanaux-Niamey-Niger BP 11737 which was hired by ONSA to purchase €3,654,121million security vehicles for the Republic of Niger in October 2013 and April 2014.”

EFCC operatives reportedly arrived the Abuja home of Mr. Metuh on Tuesday morning, and 'invited' him to follow them to the commission's headquarters.

Credit: PM News/Premium Times