According to Okupe, the decision is to enable him pursue his corruption case in court.
Okupe conveyed his decision in a letter to his principal, LP presidential candidate, Peter Obi.
Recall that a Federal High Court sitting in Abuja had sentenced Okupe to two and half year imprisonment.
Okupe, was convicted for breaching the Money Laundering Act.
Justice Ijeoma Ojukwu, on Monday found Okupe guilty of contravening sections 16(1)&(2) of the Money Laundering Act and accepting cash in excess of the threshold allowed under the Act without going through a financial institution.
The Justice stood down proceedings till 1:45pm to allow Okupe exercise his right under Section 310 of the Administration of Criminal Justice Act to call witnesses to testify about his character.
Thereafter, the court proceeded to pronounce its sentence.
