EFCC Re-arrests John Yusuf over N32.8bn Pension fraud

EFCC arraigns man for allegedly duping American, 4,380 USD, N512, 0000
Economic and Financial Crimes Commission

By Soni Daniel

Operatives of the Economic and Financial Crimes Commission, EFCC, have re-arrested a former Assistant Director within the Federal Civil Service, John Yakubu Yusuf, who has been on the run since 2018 after the Court of Appeal, Abuja Division, sentenced him to 6 years imprisonment and a nice of N22.9 billion, for conniving with 5 different suspects to steal N32.eight billion Police Pension Fund. Based on his re-arrest, Justice Baba Yusuf of the FCT High Court on Monday, June 22, 2020, issued a remand order that can allow him to serve his six years jail time period in Kuje Correctional Service, Abuja.

Yusuf is likely one of the six federal civil servants going through prosecution for allegedly stealing N32.8billion Police Pension Fund. He was initially convicted and sentenced to 2 years imprisonment with an choice of nice of N750, 000 (Seven Hundred Thousand Naira solely) by a Federal Capital Territory High Court presided over by Justice Abubakar Talba, in a plea-bargain association. The conviction, thought-about to be a slap on the wrist, sparked nationwide and worldwide outrage.

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The EFCC, dissatisfied with the judgment of the trial court docket, approached the appellate court docket to put aside the judgment. Ruling on the substantive matter, the Justices of the Court of Appeal held unanimously that the three counts involving Yusuf (Counts 17, 18, and 19) clearly acknowledged the quantities he transformed for his private use. He pleaded responsible to the three counts and thereby admitted to the conversion of an combination sum of about N24 billion to his private use.

The court docket careworn that the sentence of the trial court docket didn’t function deterrence to each the convict and others. Consequently, the justices dominated that the sentence is “hereby quashed and deserves to be reviewed as follows: on Counts 17, the Respondent is hereby sentenced to 2 years imprisonment with an addition of nice of N20 billion Naira; on Counts 18, the Respondent is hereby sentenced to 2 years imprisonment with an addition of nice of N1.four billion Naira; on counts 19, the Respondent is hereby sentenced to 2 years imprisonment with an addition of nice of 1.5 billion Naira.

The sentence of imprisonment is to run consecutively and the nice is to be cumulative.”

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