Court finds ex-Pension Boss, Maina guilty on money laundering, bags 8-years jail term

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An Abuja Federal High Court has convicted Abdulrasheed Maina, former Chairman of the now-defunct Pension Reform Task Force.

Justice Okon Abang convicted Maina of money laundering charges.

The judge found the former Pension boss guilty of stealing over N2 billion belonging to Pensioners “most of whom have died without reaping the fruits of their labour,”.

Abang found Maina guilty on 6 counts.

“I find the defendant (Mr Maina) guilty and convicted in count 2, 6, 9, 3, 7 and 10,” he said.

The Economic and Financial Crimes Commission, INEC, is prosecuting Maina for stealing and laundering about N2 million meant for pension.

EFCC had arraigned Maina on a 12-count charge, of which he pleaded not guilty.

A month ago, the court also jailed Mr Maina’s son, Faisal, after finding him guilty on all three counts of money laundering involving N58.1million in public funds.

The Former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, has been sentenced to 8 years imprisonment.

Justice Okon Abang of the Federal High Court, Abuja handed Maina the jail sentence, in a ruling on Monday.

The Economic and Financial Crimes Commission (EFCC), had arraigned Maina and his son, Faisal, on charges of operating fictitious bank accounts, corruption, and money laundering, to the tune of N2bn.

 

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