Rasheed Maina’s son, Faisal, convicted, jailed 14 years in absential for money laundering

A Federal High Court in Abuja on Thursday convicted and sentenced Faisal Maina, son of the former chairman of the defunct Pension Reformed Task Team, Rasheed Maina, to 14 years imprisonment.

The presiding judge, Justice Okon Abang, gave the judgement on money laundering charge against Faisal in his absence.

Faisal had jumped bail and refused 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 and if arrested outside Nigeria should be extradited to serve his sentence.

Faisal, who was arraigned by the Economic an Financial Crimes Commission (EFCC) on October 25, 2019, was granted bail on November 26, 2019, in the sum of N60 million with a surety in like sum, but jumped bail and stopped attending his trial.

The judgement was delivered on Faisal on Thursday, October 7, in the three-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him.

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.

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