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N2bn Fraud: How Maina used sister’s name to run secret bank account ― Witness

Maina, bail hearing, hospitalized

The Economic and Financial Crimes Commission (EFCC) first witness in the ongoing trial of Abdulrasheed Maina narrated how the defendant operated a secret bank account using his sister’s name.

Abdulrasheed Maina, former chairman, Pension Reform Task Team according to the witness passed off the account as belonging to his sister, while he actually operated it.

The witness under cross-examination by defence counsel, Esther Uzoma denied harbouring any ulterior motive in her testimonies.
Uzoma had accused the witness of nursing an ulterior motive by not revealing to the bank authorities, Maina’s huge monetary transactions, including documents containing the alleged deposits and withdrawals in local and foreign currencies by Common Input and Properties Ltd, (allegedly belonging to the defendant).

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The witness denied any ulterior motives in her testimonies, revealing further that Maina presented a certificate of incorporation for Common Input and Properties Ltd, with his sister’s photograph and her personal details but endorsed the document with his own signature.

Justice Abang adjourned the case until December 9, 10, and 11 for continuation of trial.

The Economic and Financial Crimes Commission is prosecuting Maina on a 12-count charge, bordering on operating fictitious bank accounts, corruption fraud and money laundering to the tune of over N2billion.

Vanguard News Nigeria.

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