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Money Recovered By Maina Was Used To Fund 2012 Budget, Witness Tells Court - Vimarsana News

Money Recovered By Maina Was Used To Fund 2012 Budget, Witness Tells Court

  The trial of former Chairman of the defunct Pension Reform Task Team, Abdurasheed Maina, continued on Tuesday at the Federal High Court Sitting in Abuja. During the proceedings presided over by Justice Okon Abang, a defence witness, Ngozika Ihuoma, continued his testimony which was in favour of the defendant. He told the court that Maina recovered N282 billion in cash and 222 choice properties valued at N1.6 trillion. Ihuoma explained that the said money was warehoused at the Central Bank of Nigeria (CBN) by the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Pr...

Witness: N74 billion recovered by Abdulrasheed Maina was used to finance 2012 budget - Vimarsana News

Witness: N74 billion recovered by Abdulrasheed Maina was used to finance 2012 budget

Ngozika Ihuoma, first defence witness (DW1), on Tuesday, told the Federal High Court, Abuja, that N74 billion recovered by defunct Pension Reformed Task Team (PRTT) was used by the Federal Government to finance 2012 Budget.

Source: today.ng
Alleged Money Laundering: Abdulrasheed Maina Opens Defence, Calls First Witness - Vimarsana News

Alleged Money Laundering: Abdulrasheed Maina Opens Defence, Calls First Witness

  A former chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, has opened his defence in a case of alleged money laundering preferred against him by the Economic and Financial Crimes Commission (EFCC). Maina opened his defence by presenting a witness, Ngozika Ihuoma, a consultant whose firm between 2010 and 2011 carried out the biometric verification of pensioners in the country. The witness told the court that prior to the biometric capture, the sum of ₦1.5billion was paid monthly as police pension but upon completion of the exercise, the pension payments dropped to 4 ...

Newspaper Headlines: Buhari gives the red card to bandits and airfares on local routes crash - Vimarsana News

Newspaper Headlines: Buhari gives the red card to bandits and airfares on local routes crash

The comment of President Muhammadu Buhari that his administration will deal decisively with bandits and insurgency, ruling out a possible negotiation made the headlines in many Nigerian newspapers. The mixed reactions to the bill in that national assembly that seeks to give state governments the power to negotiate workers' minimum wage in their respective states also made the headlines.

Breaking: Court refuses to grant Abdurasheed Maina bail - Vimarsana News

Breaking: Court refuses to grant Abdurasheed Maina bail

Breaking: Court refuses to grant Abdulrasheed Maina bail On Kindly Share This Story: The Federal High Court, Abuja, on Thursday, refused to grant Abdulrasheed Maina, former Chairman, defunct Pension Reformed Taskforce Team (PRTT), a bail. Delivering a ruling, Justice Okon Abang, held that Maina’s application for bail lacked merit. Justice Abang said though it was at the court discretion to grant bail, the ex-pension reformed boss did not deserve a bail after jumping the first bail. The judge said that Maina did not place sufficient materials before the court to convince the court that he d...