N2bn Pension Fraud: A’ Court Upholds Maina’s Son’s Conviction on Money Laundering Charge 

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Alex Enumah in Abuja 

The Abuja Division of the Court of Appeal Thursday, upheld the conviction of Faisal, son of former Chairman of the defunct Pension Reformed Task Team (PRTT), Abdulrasheed Maina.

A Federal High Court, Abuja had last year found Faisal guilty of charges bordering on conspiracy and money laundering and subsequently sentenced him to 14 years in jail. 

Although Faisal, who was sentenced in absentia, having jumped his bail midway into his trial, had appealed his conviction and sentencing.

But in their decision on the appeal on Thursday, a three-man panel of the Court of Appeal upheld the conviction, agreeing with the trial court that a prima facie case was established against the defendant.

The panel however reduced the five years (in relation to counts two and three) to three years, just as it reduced that of the 14 years sentencing (in relation to count two) to seven years, on the grounds that the defendant was a first time…



Source: Thisday Newspaper