Maina gets N1bn bail

The Federal High Court, Abuja, on Monday admitted Abdulrasheed Maina, former Chairman, defunct Pension Reform Task Team, to a bail in the sum of N1bn. Justice Okon Abang who gave the ruling also ordered that Maina must produce two sureties who must be serving senators. The two lawmakers, according to the judge, must not be standing any criminal trial in any court in the country. He also ruled that the two sureties, who must be prepared for a N500m bond each, must always be in court with the defendant at…

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Maina’s $1.7m found hidden in Niamey property

Security operatives in the Niger Republic, have blown the lid off a $1.7m cash found in an apartment suspected to belong to a former Chairman of the Pension Reform Task Team, Abdulrasheed Maina, in its capital Niamey. The Nigerien authorities have reportedly tipped off Abuja about the cash found in the apartment believed to be owned by Maina who was recently apprehended by Nigerian security operatives some weeks ago. At N359 to $1, the 41.7m is about N610.3m. There is the suspicion that the cash is part of the money allegedly…

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