Connect with us

National News

Money Laundering: Abdurasheed Maina sentenced to 8 Years Imprisonment

Published

on

Money Laundering: Abdurasheed Maina sentenced to 8 Years Imprisonment

Money Laundering: Abdurasheed Maina sentenced to 8 Years Imprisonment

By: Our Reporter

Justice Okon Abang of the Federal High Court Abuja, today, on Monday convicted former chairman of the Pension Reform Task Team (PRTT) Abdulrasheed Maina on charges of money laundering brought against him by the Economic and Financial Crimes Commission, EFCC.

A statement from Wilson Uwujaren, Head, Media & Publicity of the court said the former Chairman of Pension Reform Task Force was sentenced to eight years imprisonment.

“The Judge ruled that the prosecution successfully established the essential ingredients of the offences contained in the charge, beyond reasonable doubt and convicted him on count 2, 3, 6, 7, 9 and 10 of the charge. The sentence shall run from October 25, 2019.

“The court also ordered Maina and his firm, Common Input Property and Investment Limited, to restitute about N2.1billion that was traced to their bank accounts, to the Federal Government, after which it ordered that the company should be wound up.

Money Laundering: Abdurasheed Maina sentenced to 8 Years Imprisonment

“The court found Maina culpable of concealing his true identity by inducing officials of two banks, Fidelity Bank and UBA, to open accounts for him, without carrying out due diligence, using the identities of members of his family without their knowledge.

“Two of those accounts had cash deposits of 300 Million, N500million and N1.5billion.

“The Court held that Maina stole monies meant for pensioners, “most of whom have died without reaping the fruits of their labour,” as he could not explain the source of the monies in his accounts. Moreover, his salaries and emolument as a civil servant could not justify the monies in these accounts to which is signatory.

“The Court further found Maina guilty of purchasing a property in Abuja for which he paid with $1.4million cash, without passing through a financial institution.

“The court had on October 8, adjourned till today for judgment after Justice Abang refused the request by counsel to Maina, Anayo Adibe, asking for time to file his written address. The prosecuting counsel, Farouk Abdullah opposed the application on the ground that the defendants had ample time to prepare their written address.

“The defendants cannot dictate to this court how to conduct its business””, The statement said.

Justice Abang upheld the argument of the defense, stating that “They (defendants) cannot dictate to the court when to file their written addresses and no material is placed before the court to seek for an adjournment in their favour.”

In the course of the trial, EFCC called several witnesses. One of the witnesses Rouqayyah Ibrahim, who testified as ninth prosecution witness ( PW9) told the court how Maina acquired properties in Dubai, United Arab Emirate, United States of America, and a $2million (Two Million USA Dollars), property in Jabi, Abuja.

The witness revealed that about 32 documents, hard discs and flash drives relating to properties linked to Maina and his family and details of some of his investments in Dubai and in the US were recovered from him.

Also Read: Senators, Reps move against Ameachi on Standard gauge for…

“Particularly in Dubai, investigation revealed that his company, Northrich Company owned over 50 cars that were used for transportation business and he owns a villa in a High Ground area in Dubai. His wife Laila Abdurrasheed also owns cleaning services, called Spotless and Flawless.  We also recovered pay slips during our investigation,” she said.

The witness also disclosed that investigation proved that another of Maina’s company, Kangolo Dynamic does no business but that the defendant created a bank account for it in which  his name did not appear anywhere on the account documentation even though he was in control of all the deposits in it.

She also told the court that investigation showed that Colster Logistics, belonging to Maina, had a Fidelity Bank dollar account which had an inflow of over $400,000, 00 (Four Hundred Thousand Dollars) from cash deposits as at the time the company was investigated.

She further told the court that over N500 million was discovered in the account of Kangolo Dynamic, within the years Maina was chairman, PRTT.

The trial was not without drama. On December 10, 2021 Maina collapsed in court forcing Justice Abang to adjourn till December 21 to hear his no- case submission. He also at a point jumped bail but was arrested in Niger Republic and repatriated to Nigeria to face his trial.

Money Laundering: Abdurasheed Maina sentenced to 8 Years Imprisonment

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement

Published

on

FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement

By: Michael Mike

The Federal Government has moved to secure the release of some Nigerians in prison in Ethiopia, urging the Federal Democratic Republic of Ethiopia not to further delay the signing of Memorandum of Understanding (MoU) on Exchange of Sentenced Persons between both countries.

Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu stated the country’s position at a meeting in Abuja with the Ethiopian Ambassador to Nigeria, Legesse Geremew Haile.

The minister while expressing the Federal Government’s displeasure over the spate of embarrassment and harassment suffered by Nigerians including those with Official and Diplomatic Passports in Addis Ababa,
reminded the Ethiopian Ambassador that the Nigeria side had concluded with reflection of the Ethiopian observations in the draft MOU on Exchange of Sentenced Persons between both countries and wondered why signing of the MOU was being delayed despite assurances at their meeting of March 6, 2025.

The minister highlighted with deep concern the plight of Nigerian inmates in Ethiopia who she said were not having access to medical care among other challenges. She also noted the overwhelming challenges this posed to the Ethiopian Government.

She expressed dismay that a Nigerian recently died in Ethiopian prison, and declared that as a government deeply committed to citizen diplomacy, the federal government would not want a repeat of such ugly incident.

She said: “Our people don’t want to hear that another Nigerian inmate died in Ethiopian prison.”

Odumegwu-Ojukwu further decried the continued delay in returning monies seized from Nigerian businessmen by the Ethiopian Government even after the country’s Prime Minister, Abiy Ahmed, had at the 40th Session of the Executive Council of the African Union held in February 2022, granted amnesty to all African travellers whose monies were seized at the Bole International Airport, due to non-declaration of the amount over and above three thousand US Dollars, as provided by then Ethiopian law.

She regretted that of the 25 Nigerians whose monies were seized as at the time, only 15 had been approved for refund, due to the stringent condition put by the Ethiopian side for the refunds. Even at that, only two persons had actually been refunded their seized money.

The minister cited the pathetic case of one Mr. Francis Chukwuma Uzoh whose US$70,000 was seized by the Ethiopian authorities. She bemoaned that despite meeting all the conditions, Francis was yet to be refunded since 2022.

She noted that Mr. Francis has become desolate, homeless, abandoned by family, hugely indebted and a shadow of his former self.

The minister, therefore, urged the Ethiopian envoy to press for a last chance for the Ethiopian Government to refund Mr. Francis his $70,000 while he is still alive, “so they don’t use the money to bury him when he has gone.”

She recalled that visa waiver for holders of Official and Diplomatic Passports was tied to the Bilateral Air Services Agreement (BASA) signed by the two countries.

She decried that going by what Nigerians faced at Addis Ababa, it seems that Ethiopia of unilaterally withdrawing from the MoU without notifying Nigeria.

According to her, it is of great concern because Addis is a hub and many Nigerians have adopted Ethiopian Airline as the airline of choice.

Meanwhile, she reiterated the nation’s commitment to strengthening bilateral relations with Ethiopia, assuring that the 4th Session of Nigeria-Ethiopia Joint Commission would soon hold in Abuja.

Responding, the Ethiopian Ambassador, said that the visa waiver agreement was still in place but needed ratification by the country’s House of Representatives.

Haile said that the Embassy had issued visas to Nigerians with official and diplomatic passports, pointing out that the problem is actually when the applicant is with the regular passport.

He said: “The visa on arrival has neither been withdrawn nor abrogated,” stressing that: “We are very close to Nigeria. The Ethiopian Government views the Federal Republic of Nigeria as a very strategic partner.”

He also thanked the Nigerian Government for the additional seven slots recently approved for the Ethiopian Airline on the Lagos route.

FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement

Continue Reading

National News

Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest

Published

on

Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest

By: Michael Mike

Minister of Foreign Affairs, Ambassador Yusuf Tuggar has said current happening on the globe has called for a review of Nigeria’s foreign policy, demanding its dynamism, and ensure the protection of our national interest.

He insisted that diplomacy should take the lead over war, urging leaders worldwide to encourage dialogue for conflict resolution over the money draining, blood spilling war.

Delivering a speech on Thursday at the Inaugural Session of the Agora Policy Forum with the theme: “Nigeria’s Foreign Policy at a Time of Global Uncertainty,” said: “We are gathered here at a time when the international order is undergoing significant transformation. Geopolitical tensions, economic realignments, daily tariffs and trade wars, security threats, climate change, and technological disruptions are reshaping the global landscape in ways that demand strategic recalibration from all nations. Traditional assumptions about democracy and markets are being questioned by state and non-state actors.”

He noted that: “As Africa’s most populous country and a key economic and diplomatic actor, Nigeria must protect and promote our values and commitment to democratic freedoms and the celebration of diversity, as we navigate these new complexities with foresight, pragmatism, and resilience.”

Tuggar said: “The post-Cold War consensus that shaped global governance for the past three decades is increasingly fracturing. The resurgence of great power competition, the fragmentation of multilateralism, and the proliferation of regional conflicts have created a more unpredictable world than ever in our post-independence history.

“The war in Ukraine has reshaped energy markets, disrupted supply chains, and exacerbated food insecurity, particularly for developing economies like ours.

“Conflict in Sudan and the Sahel has illustrated the limits of the old rules-based order, as new state and non-state actors flex influence in areas of chronic instability.

  • The global economy is experiencing persistent inflationary pressures, debt crises in emerging markets, and a reconfiguration of trade partnerships.

“The rise of new technologies, from artificial intelligence to digital currencies, introduces opportunities and challenges for economic governance and national security.

“Climate change continues to pose an existential threat, with Africa disproportionately affected, despite contributing the least to global emissions.

“In this context, Nigeria’s foreign policy must be dynamic. It must ensure that our national interests are protected while we remain a responsible and engaged member of the international community. And above all, foreign policy must be efficient. If diplomacy is war by other means, the terrible costs of conflict must at least partially be a measure of diplomatic failure.”

He stressed that: “We should invest in capacity and exhaust all available avenues, because the alternatives are much worse. In that sense, the triumph of diplomacy should be measured as much by what we do not see, what we can avoid, and what we do see. To take examples from our history: we still reference – and rightly so – the sacrifice Nigeria made in Liberia and Sierra Leone in the 1990s, but not so much the efforts, through public diplomacy, back channels, direct engagement, third-party involvement, the balancing of principle with practical detail – all tricks in the diplomatic toolbox – that led to the transfer of power in Gambia without a drop of blood spilt.”

He insisted that: “Tragedies avoided are more easily forgotten than sacrifices made. For this reason, with defence budgets escalating around the world, we need to be reminded, even in a transactional world, that diplomacy should take the lead. It is always better to talk. We do not always deliver perfect outcomes, especially where those areas of common interest and good faith are narrow, where one side may face particular local pressures that trump what partnership might deliver. Realistic outcomes are shaped by realistic expectations.”

The minister decried that: “We see the existing order deconstructing. It was an order that did not present a level playing field for Nigeria and Africa, in terms of access to financing and markets and the tools to facilitate peace, prosperity and opportunity. As that order breaks down, what follows is much less clear.
It is our responsibility, as the region’s key power, to be a voice for Africa – to play our part in helping create a modern and dynamic order that reflects our national and shared interests.

“And that responsibility is fundamentally diplomatic: securitisation shifts thinking from strategic to tactical, to a reduction in the space for dialogue, compromise and manoeuvre. Security more than ever tilts towards hardware and technology.
“Diplomacy at its best is a very human process of interaction. Of course, a strong defence capability and the unspoken jeopardy it carries can be significant assets in negotiation, and there are moments when diplomatic routes have failed that the national interest must be defended by force. But sequencing is everything. Lives and livelihoods depend on it.”

He added that: “Nigeria’s foreign policy has traditionally been anchored on Africa as the centerpiece, supported by non-alignment, economic diplomacy, and global multilateralism. While these principles remain relevant, they must evolve to reflect the realities of our time.”

Tuggar noted that: “A nation’s foreign policy is only as firm as the intellectual and strategic framework that underpins it. This is why fora such as the Agora Policy Roundtable are invaluable. Policymakers, scholars, and industry leaders must collaborate to provide thought leadership that informs our diplomatic choices.

“Nigeria must remain proactive, adaptive, and innovative in its foreign engagements as it navigates global uncertainty. Evidence-based policymaking, a long-term vision, and a commitment to national and continental advancement must underpin our strategy.”

He insisted that: “Nigeria’s foreign policy during a time of global uncertainty is not merely about responding to external pressures but also about shaping our destiny within the international order. It is about ensuring that our economy is resilient, our security is safeguarded, and our voice is amplified in global decision-making.”

Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest

Continue Reading

Crime

Gunmen Attack Senator Natasha Akpoti’s Family Residence in Kogi

Published

on

Gunmen Attack Senator Natasha Akpoti’s Family Residence in Kogi

By: Zagazola Makama

Unknown hoodlums wielding cutlasses and firearms reportedly attacked the family residence of Senator Natasha Akpoti-Uduaghan in the early hours of Tuesday in Obeiba-Ihima area, Okehi Local Government Area of Kogi State.

Intelligence sources told Zagazola Makama that the Chief Security Officer to the Senator, Yakubu Ovanja, reported the incident to security authorities, revealing that the attack occurred around 1:00 a.m. and involved at least three armed individuals who vandalized the building, including shattering window panes.

Following a distress alert, a team of security operatives from Okehi Division swiftly mobilized to the scene. While no casualties were reported and no arrests have been made, the premises were documented and preliminary investigations have commenced.

The motive behind the attack remains unknown as investigations continue.

Senator Akpoti-Uduaghan, a prominent political figure in Kogi Central Senatorial District, has not issued a public statement as of press time.

Gunmen Attack Senator Natasha Akpoti’s Family Residence in Kogi

Continue Reading

Trending

Verified by MonsterInsights