Crime News

Maina’s Son Bags 14 years Jail Term For Money Laundering

Justice Okon Abang of a Federal High Court in Abuja, on Thursday, convicted and sentenced the son of former Chairman of the Pension Reform Taskforce Team, Faisal Maina, to 14 years imprisonment for money laundering.

Abang found Faisal guilty on a three-count money laundering charge.

The charges were preferred against Faisal by the Economic and Financial Crimes Commission (EFCC).

The judge held that the EFCC proved that Faisal operated a fictitious bank account with the United Bank for Africa, through which his father, Maina, laundered the sum of N58.1million.

According to the court, the money which was deposited into the account that was operated in the name of Alhaji Faisal Farm 2, was sequentially withdrawn by the defendant and his father, between October 2013 and June 2019.

Faisal was being prosecuted alongside with his father.

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