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Ex-Pensions boss, Maina bags 8-years jail term

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Maina, has been sentenced to 8 years imprisonment.

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.

His firm, Common Input Property and Investment Ltd., also standing trial, was found guilty.

The judge ruled that Abdulrasheed Maina, as a civil servant, could not have legitimately found in the bank accounts his fraudulently registered bank accounts.

The Federal High Court in Abuja on Monday sentenced a former chairperson of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina, to eight years imprisonment.

The judge, Okon Abang, jailed him after convicting him of counts 2, 6, 9, 3, 7 and 10 in the charge filed against him by the Economic and Financial Crimes Commission (EFCC).

He held that Mr Maina stole over N2 billion belonging to pensioners, “most of whom have died without reaping the fruits of their labour,” the judge said.