JUST IN: Court grants Maina’s son N600million bail

JUST IN: Court grants Maina’s son N600million bail

A Federal High Court in Abuja has granted bail to Faisal, the 20-year old son of former chairman, defunct Pension Reform Task Team (PRTM), Abdulrasheed Maina.

Justice Okon Abang, in a ruling on Tuesday, November 26, granted Faisal bail at N600million and a surety in like sum, The Nation reports.

Justice Abang said the surety could be from any part of the country but must be a serving House of Representatives member, who must have landed property in Abuja.

The judge said the surety must undertake to accompany the defendant to court at every proceeding till the end of the trial.

He also ruled that should the surety be absent in court without any justifiable reason, the bail shall be revoked.

Recall that Maina himself was granted bail on Monday, November 25 in the sum of one billion naira with two sureties in like sum.

The ex-pension reform boss, who is standing trial on alleged money laundering charge to the tune of over N2 billion levelled against him by the Economic and Financial Crime Commission (EFCC), had arrived at the court with the aid of a walking stick.

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The court ruled that both sureties must be serving Nigerian senators with no criminal cases before the court.

Earlier this month, the EFCC has told a Federal High Court in Abuja that Maina will jump bail if it is granted. to him.

The EFCC, in convincing the court to tow its part, described Maina as a fugitive of law and an irresponsible citizen, in a counter affidavit filed by the commission against the bail application by the ex-pension boss.

The anti-graft agency said Maina allegedly stole about N3billion pensioners’ fund in what it described as an elaborate grand scam.

The commission, however, stated that Maina has always sneaked into Nigeria at night through the borders with Niger in Sokoto and Katsina.

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Source: Legit

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