The former chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina, on Monday, told the Federal High Court in Abuja that he could not fulfill the conditions of the bail granted to him.
Maina is accused of diverting N100 billion of pension funds, and is facing trial for alleged money laundering. He is being prosecuted by the EFCC on a 12-count charge, and was also accused of operating fictitious accounts and carrying out other fraudulent activities.
The former PRTT chairman, who was in hiding for almost two years, was arrested by the State Security Service last year.
His son, Faisal, who was arrested alongside the father in September, is accused of operating an account he used to divert various sums of money, including N58 million. The two men were arraigned by the EFCC on October 25 on separate charges. They pleaded not guilty.
The court on November 25 admitted the former pension chairman to bail in the sum of N1 billion. Justice Okon Abang, who gave the ruling, also ordered that Maina must produce two sureties who must be serving senators.
The judge said the two lawmakers must not be standing criminal trial in any court in the country. He also ruled that the two sureties, who must be prepared for a N500 million bond each, must always be in court with the defendant at each adjourned date.
At the resumed hearing of the matter on Monday, Maina’s lawyer, Afam Osigwe, informed the court that his client could not meet the bail conditions.
Osigwe presented an application pursuant to section 181 of the Administration of Criminal Justice Act (ACJA), seeking a bail variation for Maina.
However, Justice Abang, held that Maina ought to have attached documents to prove their claim. He also added that the defendant failed to challenge the prosecution’s claim that he no longer resides in Abuja and might run away if released on bail.
But Osigwe in his argument said all Maina’s travel passports had been seized by the anti-graft agency. premium times