The Economic and Financial Crimes Commission (EFCC) has confirmed that it has taken custody of Faisal Maina, son of former chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, following his arrest after six years on the run.
The Commission mentioned it will get hold of the required court docket order to switch Faisal to a correctional centre to serve his jail sentence.
EFCC spokesperson, Dele Oyewale, confirmed the event on Saturday, October 17, 2026, stating that the fee would take the required authorized steps to make sure that the sentence was enforced.
“The necessary court order will be obtained to take him to the Correctional Centre for him to serve his sentence,” Oyewale mentioned.
Faisal was reportedly arrested by operatives of the Department of State Services (DSS) within the Karsana space of Abuja after intelligence advised that he had secretly returned to Nigeria.
A spokesperson for the safety company confirmed that Faisal was arrested on Thursday and subsequently handed over to the EFCC, which prosecuted him in a cash laundering case.
Faisal had been on the run since 2020 after allegedly violating his bail situations and fleeing the nation whereas going through a three-count cost bordering on cash laundering.
Despite his absence, proceedings continued on the Federal High Court in Abuja, the place he was convicted in October 2021. The trial choose, Justice Okon Abang, sentenced him to 14 years’ imprisonment.
The court docket discovered that Faisal operated a fictitious account with United Bank for Africa (UBA), by which N58.1 million was allegedly laundered.
The funds have been reportedly deposited into an account bearing the title “Alhaji Faisal Farm 2” and withdrawn by Faisal and his father between October 2013 and June 2019.
However, in November 2022, the Court of Appeal upheld his conviction however lowered his sentence from 14 years to seven years, ruling that the trial court docket shouldn’t have imposed the utmost sentence on a first-time offender.
His arrest is anticipated to pave the best way for the enforcement of the lowered sentence, topic to the required authorized procedures.
His father, Abdulrasheed Maina, served an eight-year jail time period on the Kuje Correctional Centre in Abuja following his conviction for laundering N2 billion in pension funds.
Although the previous pension activity group chairman was launched earlier in 2026, he has reportedly been declared needed in reference to a separate alleged case of receiving stolen property.
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