Monday, July 20, 2026

Conviction: Appellate Court fixes February 8 to hear Maina’s appeal

Mr Maina is charged alongside his firm, Common Input Property and Investment Ltd, on 12 counts of money laundering.

• November 30, 2022
Abdulrasheed Maina
Abdulrasheed Maina

The Court of Appeal, Abuja Division, on Wednesday, fixed February 8 to hear Abdulrasheed Maina’s appeal challenging the judgement of a trial court sentencing him to eight years’ imprisonment for N2 billion pension fraud.

The Economic and Financial Crimes Commission (EFCC) arraigned Mr Maina before Justice Okon Abang of the Abuja Federal High Court on October 25, 2019.

Mr Maina is charged alongside his firm, Common Input Property and Investment Ltd, on 12 counts of money laundering.

Mr Abang, on November 8, sentenced the former chairperson of the defunct Pension Reform Task Team (PRTT) to eight years’ imprisonment for money laundering offences involving N2 billion in a pension fund.

Mr Maina, not satisfied, filed an appeal at the appellate court challenging the judgement.

The appeal court slated to be heard on Wednesday was adjourned until February 8, 2023, over the inability of the appellant’s counsel to follow court guidelines in filing his suit.

The three-member panel headed by Justice Haruna Tsammani fixed the date, pointing out that the appellant must comply with the rule of the court.

He said the appellant did not comply with order 19, rule 3 of the court’s direction on filing, adding that the font size did not comply with the order.

“You can not comply with the rules of the court you go back and comply with it,” he said.

When the appeal was called, the appellant’s counsel, led by Olusegun Jolaawo, SAN, told the court they were ready to argue their appeal.

Farouk Abdullahi, EFCC’s counsel, equally told the court he was ready.

Unfortunately, the panel found out that the appellant did not comply with the court’s rules in filing the suit.

In that judgement, justice Abang sentenced him to various jail terms ranging from three to eight years, which are to run concurrently.

He ordered that the terms of imprisonment shall run concurrently beginning from October 25, 2019, when he was arraigned.

Justice Abang ordered that Common Input Property and Investment Ltd’s punishment be wound up and its assets forfeited to the federal government.

In the charge marked FHC/ABJ/CR/256/2019, EFCC alleged that Mr Maina used fictitious names to open and operate various bank accounts.

In the charge marked FHC/ABJ/CR/256/2019, EFCC alleged that Mr Maina used fictitious names to open and operate various bank accounts.

It added that he recruited his relatives, that were bankers, to operate fake bank accounts through which illicit funds were channelled.

EFCC further alleged that sums of N300 million, N500 million and N1.5 billion were stolen from pensioners and deposited in the accounts.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Lightning strike photo used to illustrate this story (Credit: Britannica)

States

Lightning strike kills six people in Adamawa

The police command in Adamawa has confirmed the death of six people following a lightning strike in the Ganye council.

Motorists on Calabar road

States

Cross River govt exempts women, elderly drivers from vehicle registration, levies

The Cross River government has exempted women in commercial transport and men aged 60 and above from paying vehicle registration and daily operational levies.

Ademola Adeleke and Oyebamiji

Politics

INEC says Osun residents’ PVCs ready for collection ahead of governorship poll

INEC has announced that PVCs of eligible voters who registered or updated their records during the recent CVR exercise in the state are ready for collection.

Spaniards celebrating

Sport

13-year-old boy killed as Spaniards celebrate 2026 World Cup win

A 13-year-old boy was killed after the Árbol Gordo fountain collapsed as football fans gathered to celebrate the country’s World Cup win.

Kaduna State Emergency Management Agency (Credit: KADSEMA)

States

Gas tanker leak contained in Kaduna: KADSEMA

The executive secretary of KADSEMA, Usman Mazadu, said the agency has contained a compressed gas tanker leak in Kaduna South.

Coffins of U.S. servicemen

World

Iran War: Three U.S. servicemen killed

Another American service member has been reported killed by fragments of a downed Iranian drone in northern Iraq, raising the number of U.S. troops killed last week to three.