Crime
N32.8bn fraud: Supreme court affirms 6-year jail term of ex-pension director, Yakubu
The supreme court has affirmed the six years’ imprisonment handed to John Yakubu Yusuf, a former federal director of pensions.
The apex court also affirmed the court of appeal judgment which ordered him to refund N22.9 billion to the federal government.
In 2013, Yusuf was initially convicted and sentenced to two years imprisonment with an option of N750, 000 fine by Abubakar Talba, a federal capital territory high court judge, after a plea-bargain arrangement.
Dissatisfied with the judgment, the EFCC, approached the appellate court to set aside the judgment.
In its judgment delivered in 2018, the court of appeal quashed the trial court’s verdict and convicted the former pension director on three counts. Each of the counts carries two years’ imprisonment and they are to run concurrently.
The court of appeal also ordered him to return N22.9 billion to the government.
Yusuf fled after the court of appeal judgment but was later rearrested by the antigraft commission in June 2020 after which he was remanded in Kuje prison.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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