Alleged N2bn fraud: Abuja court orders Maina’s arrest

Alleged N2bn fraud: Abuja court orders Maina’s arrest

- Abdulrasheed Maina may have put himself in trouble over alleged contempt of court

- The former pension boss is wanted by the police following an order by the Federal High Court in Abuja

- Maina still has a case to answer regarding how he managed funds under his watch when he headed the pension reform task team

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Following his repeated failure to appear for the continuation of his trial, an Abuja court has ordered the police to arrest a former chairman of the defunct pension reform task team, Abdulrasheed Maina.

Alleged N2bn fraud: Abuja court orders Maina’s arrest

Maina has been accused of diverting pension funds. Photo: Abdulrasheed Maina
Source: Facebook

The Federal High Court gave the order on Wednesday, November 18, Vanguard reported.

The trial judge, Okon Abang, revoked the bail the court earlier granted to Maina who is facing trial over alleged money laundering charges.

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Justice Abang also granted permission to the Economic and Financial Crimes Commission, (EFCC) to try the former pension boss in absentia.

The court gave the ruling after the EFCC argued that Maina’s absence from his trial on four successive dates was without cogent or verifiable evidence.

In another news, the Code of Conduct Bureau (CCB) has summoned former anti-corruption boss, Ibrahim Magu to appear before it.

Channels TV reported that the suspended boss of the Economic and Financial Crimes Commission (EFCC) was summoned in a letter dated Monday, November 2.

According to the report, Magu is expected to appear before the CCB on Monday, November 17 with documents of all his landed properties.

In another news, in what will come as a surprise to many Nigerians, a state in the country has declared that a whopping sum of N1.48 billion was discovered from 586 undisclosed accounts.

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Going further, Gombe state said 265 hidden accounts linked to the previous administration were also uncovered, Vanguard reports.

This was disclosed by the state governor, Inuwa Yahaya on Thursday, November 12, while declaring open a one-day workshop on Treasury Single Account (TSA) tagged: “Cash Management Strategy".

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