Doyin Okupe arraigned for N702 million ‘arms-gate’ fraud by EFCC

Doyin Okupe has been arraigned before Justice Ijeoma Ojukwu of a Federal High Court, Maitama by the EFCC, for a N702 million ‘arms-gate’ fraud.

Doyin Okupe, who is a former Senior Special Assistant to former president, Goodluck Jonathan, was arraigned on 59-count charge bordering on “money laundering and criminal diversion of funds” to the tune of N702, 000, 000 (Seven Hundred and Two Million Naira) only.


One the charges reads;

“That you, Dr. Doyin Okupe, being the Senior Special Assistant to President Goodluck Jonathan from July 2012 to May 2015, and being the Managing Director/Chief Executive Officer, and a signatory to the bank account of Abrahams Telecoms Ltd, on or about the 3rd October, 2014 in Abuja within the jurisdiction of this Honourable Court, directly took possession or control of the sum of N35 million, transferred to the account of Abrahams Telecoms Ltd from the account of the Office of the National Security Adviser with the Central Bank of Nigeria purporting to be for special services when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity”.

The former Presidential media aide who was dragged to the court alongside two companies, Value Trust Investment Ltd and Abrahams Telecoms Ltd allegedly involved in the commission of the fraud, however pleaded not guilty to charges.

Doyin Okupe was however granted bail in the sum of N100 million with one surety in like sum. The case was adjourned to February 27, 28 and March 6, 2019 for trial