Court sentences Ex-Pension boss, Maina’s son to 14 years imprisonment for money laundering

Court sentences Ex-Pension boss, Maina’s son to 14 years imprisonment for money laundering

Federal High Court sitting in Abuja on Thursday sentenced Faisal Maina, son of former Chairman of the defunct Pension Reform Taskforce Team, Abdulrasheed Maina, to 14 years imprisonment.

Delivering judgment, Justice Okon Abang found Faisal guilty on a three-count charge of money laundering.

The Economic and Financial Crimes Commission (EFCC) preferred the charges against Faisal.

 

 

 

 

 

 

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Faisal had jumped bail and refused to attend trial since November 24, 2020.

For Count 1, Justice Abang ordered that he be jailed for five years. In count two, he was sentenced to 14 years imprisonment with effect from today.

The court also ordered that Faisal returns to the Federal Government, the sum of N58.1m and the company used, to wind up.

For count three, he was jailed for five years.

The court held that the terms would run concurrently.

Justice Abang further ordered the Federal Government to arrest Faisal wherever he is found in Nigeria and commit him to a correctional Center. But if arrested outside Nigeria, the FG has been asked to lawfully extradite him to face his sentence.

He is being prosecuted along with his father, Abdulrasheed Maina.