Home Crime News Flash: Yusuf John re-arrested by EFCC for N33b pension fraud

News Flash: Yusuf John re-arrested by EFCC for N33b pension fraud

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Operatives of the Economic and Financial Crimes Commission (EFCC) have re-arrested a former Assistant Director in the Federal Civil Service, Yakubu John Yusuf.

News Flash: Yusuf John re-arrested by EFCC for N33b pension fraud

Yusuf has been on the run since 2018 after the Court of Appeal, Abuja Division, sentenced him to six years imprisonment and a fine of N22.9 billion.

He was sentenced for conniving with five other suspects to steal N32.8 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 will enable him serve his six years jail term in Kuje Correctional Service, Abuja.

Yusuf is one of the six federal civil servants facing prosecution for allegedly stealing N32.8billion Police Pension Fund.

He was initially convicted and sentenced to two years imprisonment with an option of fine of N750,000 (Seven Hundred Thousand Naira only) by a Federal Capital Territory High Court presided over by Justice Abubakar Talba, in a plea-bargain arrangement.

The conviction, considered to be a slap on the wrist, sparked national and international outrage.

The EFCC, dissatisfied with the judgment of the trial court, approached the appellate court to set aside the judgment.

Ruling on the substantive matter, the Justices of the Court of Appeal held unanimously that the three counts involving John Yusuf (Counts 17, 18 and 19) clearly stated the amounts he converted for his personal use.

He pleaded guilty to the three counts and thereby admitted to the conversion of an aggregate sum of about N24 billion to his personal use.

The court stressed that the sentence of the trial court, did not serve as deterrence to both the convict and others.

Consequently, the justices ruled that the sentence is quashed and deserves to be reviewed as follows:

  • On Counts 17, the Respondent is sentenced to two years imprisonment with an addition of fine of N20 billion Naira.

In another development, Justice Ibrahim Watilat of the Federal High Court, Abeokuta, Ogun State, on Monday, jailed 4 internet fraudsters.

They were jailed for criminal impersonation.

The convicts: Wariz Akintunde; Moses Olamilekan Dosumu, Richard Adegbite and Smith Enitan Adetayo were prosecuted by EFCC, Ibadan zonal Office.

All the accused pleaded guilty’

The judge sentenced Akintunde and Adegbite to 4 months in prison, with an option of N100,00 each effective from June 22, 2020.

Dosumu earned two months jail term with an option of N50,000.

Adetayo was sentenced to five months in prison without an option of fine, effective from June 22, 2020.

The judge further ordered Akintunde, Dosumu and Adetayo to restitute the sums of $700, $375 and N39,000 to their respective victims.

The restitution will be made through the Federal Government of Nigeria.

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