Abdulrasheed Maina, former Chairman of the defunct Pension Reform Task Team (PRTT), has been sentenced to a total of 61 years imprisonment by the Federal High Court, Abuja, which will run concurrently for eight years, for defrauding the Federal Government of the sum of N2.1 billion.
The sentence, which started counting from October 26, 2019 when the 12-count charge was brought against him by the Economic and Financial Crimes Commission (EFCC), meant the convict began serving his eight years term from the very date.
By implication, the convict has only five years left of the service.
The trial judge, Justice Okon Abang, yesterday, sentenced Maina to eight years imprisonment on count one, count two attracted five years, counts three and four went for eight years each. Counts five and six got three and five years jail terms.
The ex-pension panel chief was also convicted on counts seven, eight, nine and 10 for eight, three, five and eight years respectively, while counts 11 and 12 received three three-year sentence each.
The court also ordered the forfeiture of Maina’s three landed properties in Abuja and his bullet-proof Sport Utility Vehicles (SUVs) and other automobiles. They are to be auctioned and the proceeds paid into the account of the Federal Government.
His company, ‘Common Input and Property Investment’, was ordered to refund N1.8 billion and $537,983 within 90 days to the Federal Government.
The judge also ordered the winding up of the firm.
Maina, who appeared remorseful after the verdict, apologised for his mistakes.
