Wednesday, 1 September 2021

Former Pension Fund Boss Maina To Remain In Custody As Court Rejects Fresh Bail Application



A Federal High Court in Abuja has refused to hear a fresh bail application filed by the former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina. The judge, Justice Ahmed Mohammed declined to hear the bail application filed by Maina’s lawyer, David Iorhemba, on the ground that it was contentious.


He ruled that the matter could not be heard during the court’s vacation and consequently returned the case to Justice Okon Abang who has been the trial judge in the substantive case, for hearing on the application when the court resumes from vacation.


Earlier in his argument, counsel to the Economic and Financial Crimes Commission, Andrew Ocholi had opposed the application filed by Maina, saying he had filed a counter-affidavit and a preliminary objection to show that the applicant was no longer entitled to bail.


Maina is standing trial alongside his firm, Common Input Property and Investment Limited over a 12-count charge bordering on money laundering of over one billion naira, among other offences.


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