DSS Arrests Faisal Maina for Money Laundering Charges
The Department of State Services (DSS) arrested Faisal Maina, the son of Abdulrasheed Maina, the former chairman of the defunct Pension Reform Task Team. This arrest occurred in the Karsana area of Abuja after intelligence indicated that Faisal had secretly returned to Nigeria.
He had been evading authorities since 2020 when he was arraigned by the Economic and Financial Crimes Commission (EFCC) on a three-count charge related to money laundering. In October 2021, the Federal High Court in Abuja, presided over by Judge Okong Abang, convicted Faisal on these charges and sentenced him to 14 years in prison.
The court found that he operated a fictitious bank account with United Bank for Africa, through which his father allegedly laundered N58.1 million. In November 2022, the Court of Appeal upheld the conviction but reduced the sentence to seven years, stating that the maximum sentence was inappropriate for a first-time offender.
Abdulrasheed Maina had previously served an eight-year sentence for laundering N2 billion in pension funds.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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