Monday, 28 January 2013

DIRECTOR BAGS 6 YEAR JAIL TERM IN NIGERIA FOR DIVERTING PENSION FUNDS



An FCT High Court sitting in Gudu, has sentenced a Director in the Police Pension Office, John Yakubu Yusuf to six years imprisonment or the option of N750, 000.00 fine for criminal conversion of money meant for pensioners.
Mr Yusuf pleaded guilty to three count charge of criminal conversion of N23.3 billion for personal use.
Handing down the ruling on Monday, Justice Abubakar Talba sentenced Yusuf to two years each on the three count charge, which will run concurrently. Justice Talbe equally ordered the forfeiture of 32 properties belonging to the convict in the Federal Capital Territory and Gombe state as well as the sum of about three hundred and twenty-five million, one hundred and eighty-six thousand naira.
Mr Yusuf, who was arraigned with a former Permanent Secretary in the Office of the Head of Service, Abubakar Kigo and four others, including Sani Habila Zira, Esai Dangabar, Ahmed Inuwa Wada, Veronica Ulonma Onyegbula, was charged with criminal breach of trust by public officers. They are alleged to have stolen the sum of N3.8 billion pension funds.

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