Tuesday, 29 January 2013


EFCC Re-arrests Pension Thief For False Declaration Of Assets


John Yakubu Yusufu and his lawyer leaving the court yesterday
The Economic and Financial Crimes Commission today re- arrested Mr. John Yusuf, a former director of the Police Pension fund who had earlier been set free by an Abuja high court for stealing $203 million from the Police pension fund.
A  High Court at the Federal Capital Territory had set Mr. Yesufu free after a controversial plea bargain yesterday leading to a major outrage across the world.
The plea deal saw Yesufu  paying N750,000 ($4,500) fine in lieu of a six year prison sentence for conniving with others to defraud the office and pensioners of N27.2bn.
EFCC spokesperson Mr. Wilson Uwujaren  said Mr. Yesufu is currently being detained at the Abuja office of the the EFCC for false declaration of assets. He stated that the former pension administrator will soon face fresh charges.

3 comments:

  1. The Judge that handled this matter should be suspended immediately. He is either an accessory after the fact in the crime or a complete retard.
    Nigerian Judiciary Commission,we are waiting on you.

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  2. The judge is obviously compromised.taken his cut

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  3. When are we going to learn in this country? Even when the whole fraud is so glareing, yet the judge does not care but just for his selfish reasons he gave him. An easy ladder. What about the president? Can't he raise up and take the bull by his horn in this instance as an example to others. We are watching becos nobody will vote him again if he does not. Stop all these acts that undermine the country.

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