Money Laundering: Court sentences Maina’s son,Faisal Maina, to 14yrs imprisonment

Faisal Maina, son of the former chairman of the now-defunct Pension Reformed Task Team, Abdulrasheed Maina, has been sentenced to 14 years imprisonment. (Read More Here).

Justice Okon Abang of the Federal High Court in Abuja gave the judgement on Thursday, October 7, in the three-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him. (Read More Here).

For Count 1, Justice Abang ordered that he be jailed for five years. In count two, he was sentenced to 14 years imprisonment with immediate effect. The court also ordered that Faisal returns to the Federal Government, the sum of N58.1m and the company used, to wind up. For count three, he was jailed for five years. 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.