BREAKING: Ex-pension boss, Maina’s son sentenced to 14 years imprisonment for money laundering - Warritatafo | News & Entertainment Guru
 
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BREAKING: Ex-pension boss, Maina’s son sentenced to 14 years imprisonment for money laundering

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A Federal High Court in Abuja has sentenced Faisal, son of the chairman of defunct Pension Reformed Task Team (PRTT), Abdulrasheed Maina, to 24 years imprisonment.

Justice Okon Abang held that Faisal, who was sentenced in absentia, was guilty of all the three-count charges.

Convicting Faisal, the judge slammed a five-year jail term for count one bordering on money laundering offence, sentenced Faisal to 14 years imprisonment on count two.

Abang sentenced him to five years prison terms on count three which bordered on asset declaration offence.

The judge ruled that the prison terms would run concurrently, NAN reports.

Economic and Financial Crimes Commission (EFCC) lawyer, Mohammed Abubakar, adopted the commission’s final written address on July 16.

The counsel stated that “the prosecution has proved the case beyond all reasonable doubt” in all the three counts against him Faisal.

Faisal, who was prosecuted alongside his father, pleaded “not guilty” to the charges.

The convict was arraigned by the EFCC on October 25, 2019, and admitted to bail on November 26, 2019, in the sum of N60 million with a surety – a House of Representatives member.

The lawmaker representing Kaura Namoda federal constituency of Zamfara stood as surety.

But Faisal jumped bail around September 2020 and stopped attending the trial. Justice Abang revoked the bail, ordered his arrest and continued proceedings in absentia.

The judge forfeited the property used as a bail bond to the Federal Government.

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