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Money Laundering: Court admits 18 exhibits in evidence against Maina

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The Federal High Court in Abuja, on Thursday, admitted 18 sets of exhibits the Economic and Financial Crimes Commission, EFCC, tendered in evidence against the former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, who is facing a 12-count money laundering charge.

Federal High Court

EFCC alleged that the erstwhile pension reform boss used a bank account that was operated by his firm- Common Input Properties & Investment Limited- and laundered funds to the tune of about N2billion, part of which he used to acquire landed properties in Abuja.

It told the court that the Defendant used fictitious names to open and operate various bank accounts, as well as recruited his relatives that were bankers to operate fake bank accounts through which illicit funds were channeled.

Though the Defendant jumped bail since September 29, the court, gave the anti-graft agency the nod to continue the trial in his absence.

At the resumed proceedings in the matter on Thursday, the Prosecution, through its ninth witness, PW-9, Mrs. Rouquayya lbrahim, tendered the exhibits that included Maina’s assets declaration forms, pay slips, tax returns of all the companies linked to him, as well as 10 extra-judicial statements he made at the EFCC.

The exhibits were admitted and marked by trial Justice Okon Abang.

Led in evidence by the Prosecution counsel, Mohammed Abubakar, the witness who is an investigator attached to the Anti Money Laundering and Countering of Financing of Terrorism, AML/CFT unit of the EFCC, told the court that a N500m was discovered in the bank account of another company that was traced to the Defendant, Kangolo Dynamic Cleaning Services Limited.

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