Pension fraud: Security operatives tracks down Maina in Niger Republic

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Security operatives have arrested the former Chairman of the defunct Pension Task Team, Abdulrasheed Maina, in a town in Niger Republic.

Maina was arrested by operatives of Niger Republic intelligence service in a collaboration with Nigerian anti-corruption agency on Monday evening.

Maina is facing a 12-count money laundering charge levelled against him and a firm by the Financial Crimes Commission (EFCC).

EFCC, alleged that Maina, as Chairman of the defunct Pension Reform Task Team, used the account of the firm for money laundering to the tune of about N2 billion, part of which he used to acquire landed properties in Abuja.

He, however, has not been attending trial since the September 29, 2020 proceedings, a development that prompted Justice Okon Abang of the Federal High Court to order Senator Ali Ndume’s remand last Monday.

But the Federal High Court in Abuja on Friday granted bail to the Borno South Senator, over his suretyship for Maina, believed to have jumped bail

In his ruling, Justice Abang said he chose to grant the senator bail based on his record of good behaviour before the court, notwithstanding that the other grounds of his bail application failed.

The judge granted bail to the senator pending the hearing and determination of Ndume’s appeal filed at the Court of Appeal to challenge Monday’s order sending him to jail for his inability to produce the fleeing Maina.

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