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JUST IN: Court Jails Maina For 8 Years (Details)



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A Federal High Court sitting in Abuja, presided over by Justice Okon Abang, has convicted and jailed the former Chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina, for 8 years.

Maina Again

The Jail term totalled 61 years but will run concurrently.

Maina was arraigned by the Economic and Financial Crimes Commission on a 12-count charge on 25th October 2019, for allegedly stealing of pension funds, and money laundering allegation.

Read Also JUST IN: Maina Found Guilty Of Money Laundering (Details)

More so, the Federal Government commission alleged that Maina committed criminal offences punishable under sections 11(2) (a), 15(3), and 16(2) (c) of the Money Laundering Prohibition Act, and also acted in breach of the Advance Fee Fraud Act.

On November 26, 2019, the court granted bail to Maina in the sum of N1bn, and ordered him to produce two sureties who must be serving senators.

The two sureties according to the court must be prepared for a N500m bond each, and must always be in court with the defendant at each adjourned date of the trial.

However, Maina complained that the bail condition was “stringent, excessive and impracticable” and subsequently applied for variation.

On January 28, 2020, Justice Abang exercised discretion of the court judicially and judiciously in reducing Maina’s bail conditions to N500m with a serving Senator as surety.

Due to prolonged absence in court, Justice Abang on November 18, 2020 revoked Maina’s bail, and consequently ordered his reaarrest anywhere within and outside Nigeria.

On November 23, 2020, the court sent Maina’s surety, Senator Ali Ndume to prison following his failure to produce the defendant in court to continue his trial.

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