Nigeria: Arms Deal - How Metuh Exceeded Forex Limit - BDC Operator

25 January 2016

A witness in the ongoing trial of the National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh today told the court that the accused person exceeded the foreign exchange limit by Central Bank of Nigeria.

Iyenome Sie, a Bureau De Change (BDC) operator, told a Federal High Court in Abuja that sometime in December 2014 he exchanged $500, 000 to N92 million for Metuh in two tranches after he was contacted by Ms Ararume.

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