Supreme Court orders ex-federal director of pensions, John Yusuf to refund N22.9 billionto FG

Supreme Court orders ex-federal director of pensions, John Yusuf to refund N22.9 billionto FG

Nairametrics

The Supreme Court on Wednesday ordered John Yakubu Yusuf, the former Federal Director of Pensions (FDP,) to refund the sum of N22.9 billion police pension fund to the Federal Government of Nigeria.

Mr Yusuf is being prosecuted alongside 5 others by the Economic and Financial Crimes Commission over allegedly stealing N32.8 billion from the Police Pension Fund.

The apex court in its judgement today affirmed the decision of the Court of Appeal which sentenced Mr Yusuf to six years in prison.

Backstory

  • In 2016, Mr Yusuf was arraigned before the FCT High Court where he admitted the offence and subsequently entered into a plea bargain with the anti-graft agency.
  • The trial judge, Justice Abubakar Talba of the FCT high court then sentenced Mr Yusuf to two years imprisonment with an option of a N750.000 fine upon entering the plea bargain.
  • Not satisfied with the ruling of the FCT court, the EFCC approached the court of appeal in Abuja seeking to overturn the judgement of the lower court…

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