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Pension Fraud Convict Maina Allegedly Bags NBA Award.
Abdulrasheed Maina, the former chairman of the Presidential Task Force on Pension Reforms who was convicted over the diversion of more than ₦2 billion in pension funds, has resurfaced publicly after receiving an award from the Garki Branch of the Nigerian Bar Association (NBA) in Abuja.....KINDLY READ THE FULL STORY HERE▶
Maina, who was sentenced to eight years’ imprisonment in 2021, was honoured on Thursday with the Rule of Law and Courage Award at an event held on Jimmy Carter Street, Asokoro. He appeared at the ceremony wearing a muffler inscribed “Patron, NBA Garki Branch.”
During the event, Maina called for a renewed investigation into a former Minister of Justice and Attorney General of the Federation, Abubakar Malami, alleging that further recovery of public funds could be made if he is thoroughly probed.
Addressing attendees, Maina claimed that Malami—who is currently facing money laundering charges alongside his wife and son—was not properly investigated during the previous administration. He further alleged that certain actions taken at the time would not occur under the current government.
Malami is standing trial alongside his wife and son over alleged money laundering offences. The trio was arraigned by the Economic and Financial Crimes Commission (EFCC), initially remanded at the Kuje Correctional Centre, later granted bail, and subsequently rearrested by the Department of State Services.
Despite his conviction, Maina denied any wrongdoing, insisting that his prosecution was orchestrated by powerful individuals within the administration of former President Muhammadu Buhari.
He also claimed that after jumping bail, he was flown out of Nigeria on a government aircraft for medical treatment, only to later be arrested in Niger Republic and accused of evading justice.
Background To Maina’s Conviction
Maina was appointed in 2010 by the administration of former President Goodluck Jonathan to oversee pension reforms, including the biometric verification of pensioners.
According to the EFCC, he laundered billions of naira through fraudulent contracts, fictitious bank accounts, and proxy companies, including Common Input Property and Investment Ltd, which was convicted alongside him and ordered to be wound up.
During the trial, three of Maina’s siblings testified against him, alleging that their personal details were used to open bank accounts linked to the fraud.
In November 2021, Justice Okon Abang sentenced Maina to eight years’ imprisonment for money laundering involving ₦2 billion in pension funds, describing his conduct toward pensioners as marked by “disdain and levity,” and noting that some victims died while awaiting their entitlements.
The Court of Appeal later upheld the conviction, while Maina’s son, Faisal, was sentenced to 14 years’ imprisonment in a related case. In 2024, a final court ruling ordered the forfeiture of 23 properties linked to Maina to the Federal Government.
It remains unclear when Maina was released from prison. However, a close associate told Premium Times that he quietly completed his sentence and returned home in February 2025 based on correctional service calculations.
Thursday’s appearance marked one of Maina’s first public outings since his release.
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