Maina purchased $3.4m homes, his N3bn companies engaged in no enterprise – EFCC witness

The ninth prosecution witness (PW9), Rouqayyah Ibrahim, continued her testimony towards Abdulrasheed Maina earlier than Justice Okong Abang of the Federal Excessive Court docket, Abuja, on Tuesday.

Ibrahim is a detective with the Financial and Monetary Crimes Fee (EFCC).

She revealed how Maina, former chairman of the Pension Reform Process Workforce (PRTT), obtained diverted funds in {dollars} even whereas he was a fugitive in Dubai.

Ibrahim stated Maina operated firms with N3billion web price that engaged in nothing.

The witness stated EFCC discovered that the defendant purchased two homes in Abuja, at the price of $3.4 million, considered one of which is in Jabi.

The purchases have been made within the title of Widespread Enter for $2million money from one Adamu Modibbo (now late), utilizing his account officer, Khalid Biu to pay.

The opposite, bought within the title of 1 Dr. Abdullahi Faisal at the price of $1.4million, was additionally paid in money within the title of Khalid Biu.

Ibrahim stated an investigation was carried out to find out if the defendant or his associates firms hid incomes that weren’t accounted for and to find out if the defendant was benefiting.

She added that EFCC found that Maina’s web price ran opposite to his declared property.

Ibrahim recalled that EFCC wrote to the Company Affairs Fee (CAC) and Federal Inland Income Companies (FIRS) in regards to the firms linked to Maina.

In accordance with the detective, findings revealed that the businesses have been mere briefcase firms and weren’t concerned in any enterprise, not to mention a authentic one, although the collective turnover of their accounts have been nearly N3billion.”

She additional disclosed that Maina’ payslip as a civil servant, confirmed that his final cost, which was in February 2013 was N256,000.

A part of the hid earnings evaluation performed by the EFCC confirmed that at N256,000 monthly, Maina for 35 years as a civil servant would have saved solely over N109 million with out spending a single kobo out of the wage.

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