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N74bn recovered by Maina was used to finance 2012 budget [ARTICLE]

Maina is facing a 12-count charge bordering on money laundering to the tune of N2 billion. ....

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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. ....

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Court fixes Feb 25 to rule on Maina's fresh bail request

Vanguard News
Court fixes Feb 25 to rule on Maina’s fresh bail request
On
By Ikechukwu Nnochiri
ABUJA–The Federal High Court in Abuja, on Friday, slated February 25 to rule on fresh application the former chairman of the defunct Pension Reform Taskforce Team, Abulrasheed Maina, who is facing money laundering charge, filed to be released on bail pending the conclusion of his trial.
Maina, who earlier fled to Niger Republic after he was released on bail by the court, based his fresh application on health ground.
He told the court that his health condition worsened at the Kuje Correctional Center where he was remanded upon his extradition to the country by the Interpol in December, 2020. ....

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Maina hires new SAN, as court adjourns till Feb. 19

Maina hires new SAN, as court adjourns till Feb. 19
The new defence lawyer said he had not had spent time with Mr Maina who is on remand in prison to prepare for his defence.
2 min read
Abdulrasheed Maina, former chairperson of the defunct Pension Reformed Task Team (PRTT), has hired a new Senior Advocate of Nigeria (SAN), to lead his defence team in his ongoing money laundering trial involving N2billion.
The News Agency of Nigeria (NAN) reports that the SAN, Sani Katu, appeared in the case at the Federal High Court in Abuja for the first time on Monday. ....

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