Court sentences former chairman of the now-defunct Pension Reformed Task Team Abdulrasheed Maina, to eight years imprisonment.

Written by on November 10, 2021

A Federal High Court in Abuja has sentenced Abdulrasheed Maina, the former chairman of the now-defunct Pension Reformed Task Team to eight years imprisonment.

Maina was convicted after he was found guilty of money laundering.

In a judgement delivered on Monday by Justice Okon Abang, the court held that the prosecutor, the Economic and Financial Crimes Commission (EFCC) has produced essential evidence through witnesses to prove beyond reasonable doubt that Maina is guilty of money laundering in the sum of one hundred seventy-one million ninety-nine thousand naira.

Maina was also found guilty of concealing his true identity as a signatory to accounts opened in two banks – UBA and Fidelity bank – by using the identity of his family members without their knowledge.

These accounts had cash deposits of 300million naira, 500million naira, and 1.5 billion naira.

The court held that Maina stole monies meant for pensioners as he could not prove where he got them from and also found Maina guilty for the purchase of a property in Abuja paid in cash in the sum of 1.4 million dollars, which is above the statutory threshold of 5million naira and without passing through a financial institution, describing it as a criminal offense.

——— EFCC, Prison Officials clash Over Custody of Maina

Meanwhile, there was a mild drama at the premises of the Federal High Court, Abuja, on Monday, after Abdulrasheed Maina, former Chairman, Pension Reformed Task Team (PRTT), was convicted and sentenced to eight years imprisonment.

The judge, Okon Abang who ruled that Maina must refund money running over a billion naira to the Federal Government coffers, among others, also ordered that the companies used in the unlawful act be winded up.

However, when the officers of the Kuje Correctional Centre were taking Maina out of the court premises amidst tight security, some officers of the EFCC drove into the court premises with two vehicles, blocking the prison Hilux van that was about to convey the ex-pension boss to the correctional centre.

The development led to a hot argument between the two opposing personnel as they cork their rifles in defence of their stand.

However, the prison officers stood their ground, refusing to allow the EFCC operatives, some of who came in police uniform, to whisk Maina away.

A prison officer, who spoke anonymously shortly after the pandemonium, said the EFCC operatives had come in the name of rearresting Maina for another charge.

Seun Fakorede


Reader's opinions

Leave a Reply


Current track

Title

Artist

%d bloggers like this: