Pension Fraud Scandals: Court Issues Forfeiture Of Maina’s Property Over N2 Billion Pension Scandal

The Federal High Court in Abuja on Friday ordered the final forfeiture of at least 20 properties linked to the convicted former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina.

Justice Joyce Abdulmalik, in her comment held that the Economic and Financial Crimes Commission (EFCC) had proven beyond a reasonable doubt that the properties located in different parts of the country were acquired illegally.

According to Justice Abdulmalik, the applicant effectively discharged its legal responsibility to establish that the properties were acquired with the proceeds of crime.

Abdulrasheed Maina

The anti-graft agency had earlier obtained an order of interim forfeiture of 23 properties linked to Mr Maina, who is currently serving an eight-year jail term for pension fraud amounting to N2 billion.

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Delivering the judgement on Thursday, Justice Abdulmalik agreed with the EFCC’s lawyer, Farouk Abdullah, that those who claimed to own the property failed to effectively establish the alleged ownership by producing credible evidence.

The affected properties are located in Abuja, Nasarawa State, Kaduna State and Kano State.

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