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Monday, June 27, 2022

Faisal Maina Bags 14 Years Imprisonment For Money Laundering

Faisal Maina, son of Abdulrasheed Maina, former chairman of the defunct Pension Reformed Task Team, has been sentenced to 14 years imprisonment.

While giving the judgement on Thursday, October 7, in the three-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him, Justice Okon Abang of the Federal High Court in Abuja ordered that Faisal Maina be jailed for five years.Faisal Maina

In count two, Justice Abang sentenced him to 14 years imprisonment with immediate effect.

The court also ordered the convicted Faisal to return to the Federal Government, the sum of N58.1million.

For count three, Faisal was sentenced to five years imprisonment.

The court held that the terms would run concurrently.

Faisal had jumped bail refusing to attend trial since November 24, 2020. But Justice Abang ordered the Federal Government to arrest Faisal wherever he is found in Nigeria and commit him to a correctional center. But if arrested outside Nigeria, the FG has been asked to lawfully extradite him to face his sentence.

Faisal was arraigned by the EFCC on October 25, 2019, and was granted bail on November 26, 2019, in the sum of N60million with a surety in like sum. He however jumped bail and stopped attending his trial.

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