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HomePoliticsBREAKING: Court Convicts Ex-Pension Boss, Maina Of Money Laundering, Stealing N2billlion Meant...

BREAKING: Court Convicts Ex-Pension Boss, Maina Of Money Laundering, Stealing N2billlion Meant For Pensioners

The former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina, has been found guilty of money laundering.
A Federal High Court sitting in Abuja on Monday held that Mr Maina stole over N2 billion belonging to pensioners. 

It said most of the victims “have died without reaping the fruits of their labour”. 
Justice Okon Abang, the trial judge held, “I find the defendant (Mr Maina) guilty and convicted in count 2, 6, 9, 3, 7 and 10.”
The Economic and Financial Crimes Commission (EFCC) in 2015 declared Maina wanted.
The commission, in a statement by its spokesperson, Wilson Uwujaren, had said Maina was wanted for his role in the fraudulent biometric contracts through which he, a former Head of Service, Steve Oronsaye, and two others allegedly stole over N2 billion of pension funds.
Maina was on July 21, 2015 charged alongside Oronsaye, Osarenkhoe Afe and Fredrick Hamilton Global Services Limited before a Federal High Court on a 24 counts bordering on procurement fraud and obtaining by false pretences.
Maina had earlier fled the country only days after a Federal High Court granted him bail with a serving senator, Ali Ndume, standing as his surety.



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