Abuja court orders imprisonment of Maina’s son over money laundering

A Federal High Court in Abuja has ordered Faisal Maina, son of former pension chairman Abdulrasheed Maina, to begin serving a seven-year prison sentence for money laundering.

According to PUNCH, Justice James Omotosho issued the order on Thursday after granting an application by the Economic and Financial Crimes Commission (EFCC) to enforce Faisal’s conviction.

The judge directed that the sentence take effect from October 14, 2026, when operatives of the Department of State Services rearrested him after years on the run.

Faisal was convicted in October 2021 after jumping bail during his trial over money laundering and incomplete asset declarations.

The trial court originally sentenced him to 14 years, but the Court of Appeal reduced the maximum term to seven years in November 2022.

Omotosho ruled that the three-year sentences on counts one and three and the seven-year sentence on count two would run concurrently.

His father was separately convicted in a money laundering case and has completed his sentence.