Skip to content
HomeLocal NewsWitness Insists Maina Recovered N1.63 Trillion in Assets
Mar 5, 20211 min read

Witness Insists Maina Recovered N1.63 Trillion in Assets

Witness Insists Maina Recovered N1.63 Trillion in Assets
Galaxy TV · Local News desk · Lagos

Story reading is not supported in this browser.

Share

The first defendant’s witness in the trial of former Chairman of defunct Pension Reforms Task Team, Abdulrasheed Maina, has maintained his stance that the PRTT made huge recoveries amounting to N1.63 trillion in assets.

Ngozika Ihuoma, a consultant who took part in the biometric capture for pensioners in 2010, said with Maina as Chairman, the team also recovered N282 billion from suspected pension thieves within the first 18 months.

Galaxy’s Godfrey Eshiemoghie reports that the witness who said he stands by his earlier testimonies, including that purporting the said sum was warehoused at the Central Bank of Nigeria, did not tender documents to back his claims.

 During cross-examination by the prosecutor, Mohammed Abubakar, the witness also admitted that he has not tendered documents to prove that N74 billion of the recovered funds was used for the 2012 national budget.

Earlier, Justice Okon Abang had ruled against the admissibility of a document which the defendant’s counsel, Abiola Olawole, sought to tender.

The said document shows allowances of members of staff of the Tax team as well as those of National Assembly members on oversight.

The prosecutor said the document, though a public one was not a certified true copy, making it inadmissible in evidence, thus prompting the ruling by the Judge.

Another thing that worked against the admissibility of the document was an earlier statement of the witness that the original copy was with the first defendant.

Meanwhile, the case has been adjourned till the 9th, 10th and 11th of March for the continuation of the cross-examination of the first defendant witness.

Start tomorrow informed

Save your place for the morning brief. We’ll start emailing when delivery goes live.

Free. Confirm by email. Unsubscribe anytime.

Keep the news with you

Read the latest stories and save articles in the Galaxy TV app.

Tags:
G
Galaxy TV
Editorial Desk

Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa