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EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud - Politics - Nairaland

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EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by ZAWs: 10:19pm On Jun 22, 2020
By Soni Daniel

Operatives of the Economic and Financial Crimes Commission, EFCC, have re-arrested a former Assistant Director in the Federal Civil Service, John Yakubu Yusuf, who 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, 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 to 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 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 “hereby quashed and deserves to be reviewed as follows: on Counts 17, the Respondent is hereby sentenced to two years imprisonment with an addition of fine of N20 billion Naira; on Counts 18, the Respondent is hereby sentenced to two years imprisonment with an addition of fine of N1.4 billion Naira; on counts 19, the Respondent is hereby sentenced to two years imprisonment with an addition of fine of 1.5 billion Naira.

The sentence of imprisonment is to run consecutively and the fine is to be cumulative.”
https://www.vanguardngr.com/2020/06/efcc-re-arrests-john-yusuf-over-n32-8bn-pension-fraud/

3 Likes 1 Share

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by ZAWs: 10:21pm On Jun 22, 2020
So the men on Red jacket are still on this matter?
Magu is obviously doing well.
Which is why some inconsiderate dark men wants him out.

9 Likes 1 Share

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Maxymilliano(m): 10:28pm On Jun 22, 2020
"Keeping an average Nigerian from being corrupt is like keeping a goat from eating yam"...


Chinua Achebe in his book titled : The Trouble with Nigeria" Published in 1984.

26 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by FlordFlorez(m): 10:44pm On Jun 22, 2020
Kai! Money that u can't spend finish. And they're jailing him for just 6years? Somebody that diverted 20 something billion? If na petty thieves that stole #70 bread, dem go set fire on top am.

34 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Martartins(m): 5:03am On Jun 23, 2020
Funny story. The police that steals the joy from people, have their joy (pension) stolen from them.

3 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by CodeTemplar: 5:03am On Jun 23, 2020
That money can do a lot o.
A thousand million is one billion and therefore 32,000 millions is what he diverted.

That can empower a lot of people and they gave him a meagre six years sentence.

5 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by caniva(m): 5:04am On Jun 23, 2020
*The ugly ones are not yet born* grin

1 Like

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Kaa4(m): 5:04am On Jun 23, 2020
What about Abdulrasheed Maina? Anyway EFCC will reloot the money!

2 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by ashiwaju11(m): 5:04am On Jun 23, 2020
People can still steal. Na wao. Money you cannot carry to heaven
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Mindlog: 5:06am On Jun 23, 2020
"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"..... shocked shocked shocked

1 Like 1 Share

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by butterfly777(m): 5:10am On Jun 23, 2020
Come to think of it:

Only God knows other corrupt officials who have already embezzled the pensions of unfortunate workers, but have not been caught.

Starting a business before your retirement approaches is still the best retirement plan. Take your fate in your own hands.

I can't risk my old age expecting a retirement money someone has already spent.

1 Like

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by fishjam: 5:11am On Jun 23, 2020
cheesy
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by vioment: 5:15am On Jun 23, 2020
Nigeria is a corruption cancer.

Our society is a disgrace everyday.


To make matters worse, other Africans look up to us and emulate our disgraceful and wicked ways.


An empty vessel country if you ask me. No intelligent content at all.

2 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by allthingsgood: 5:20am On Jun 23, 2020
ZAWs:
So the men on Red jacket are still on this matter?
Magu is obviously doing well.
Which is why some inconsiderate dark men wants him out.

Pls quit the fake propaganda. Magu is still a thief.

5 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Hezmatosky: 5:20am On Jun 23, 2020
We're all timid in this country I swear undecided Both the so called learned ones
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by DuBLINGreenb(m): 5:21am On Jun 23, 2020
Cease all his property is and share that more to everybody on Nairaland or use our BVN to share it to all Nigerians even if it is 200 naira each do raffle draw and give it to 32 Nigerians 1 billion each make 32 brand new Nigerian billionaires

1 Like

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by allthingsgood: 5:21am On Jun 23, 2020
CodeTemplar:
That money can do a lot o.
A thousand million is one billion and therefore 32,000 millions is what he diverted.

That can empower a lot of people and they gave him a meagre six years sentence.

Empower as how U are just wishing say na u chop am

1 Like

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by pesty100(m): 5:24am On Jun 23, 2020
Life is just unfair in this country, there are people that have been in prison for over 10 years because they stole ten of thousands or maybe hundreds of thousands. Look at this piece of shit that stole billions of pension money yet the court was reluctant to sentence him to prison for a long time, how are we supposed to deter looting in this country if our courts are like this?

5 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by Nobody: 5:25am On Jun 23, 2020
5 years is too small sef, 32 billion sad

2 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by omoadeleye(m): 5:27am On Jun 23, 2020
Ah, make una dey give capital punishment to this fraudsters na

2 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by GrammarNazi1(m): 5:37am On Jun 23, 2020
ZAWs:
So the men on Red jacket are still on this matter?
Magu is obviously doing well.
Which is why some inconsiderate dark men wants him out.
...men want...

3 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by ZooOga: 5:40am On Jun 23, 2020
Kaa4:
What about Abdulrasheed Maina? Anyway EFCC will reloot the money!


Justice Abubakar Malami was the wrong choice. His record of putting corrupt government officials away for a long time has been subpar.

i think recovered loot is deposited with the CBN.
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by hakeem4(m): 5:47am On Jun 23, 2020
This guy na the real 30 billion for the account ooo

Over 30 billion is such a huge amount o

If I have 1 billion naira and I’m spending 30k every single day for 90 years that money wouldn’t still finish

3 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by anibi9674: 5:55am On Jun 23, 2020
Ok
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by BREYZ: 6:08am On Jun 23, 2020
If I be the judge wey sit on this matter, your own don finish, after my judgment politicians go dey fear to steal grin

2 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by kerry57: 6:10am On Jun 23, 2020
See the kind money wey these criminals dey steal abeg. Money wey be some African countries budget. E no go better for una oo
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by LastProphet: 6:28am On Jun 23, 2020
The guy was a thief quite alright but this kind of arrest only happens to non muslim Hausa/Fulani. If he is muslim Hausa/Fulani you wouldn't have heard pim again. Anytime you hear a powerful northerner got jailed like Dariye, Jolly Nyame, Yakubu former nnpc MD, etc, it will be christian. Don't forget Maina stole from the very same fund but Hausa/ Fulani power got him back into the service and even cost oyo-ita her job. That's the one Nigeria the north fought for

3 Likes

Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by jericco1(m): 6:29am On Jun 23, 2020
Interesting
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by dalass(f): 6:30am On Jun 23, 2020
He won't spend up to that time... It's still 2 years, by the time they remove the time already gone out of it, he will walk free.

The money is important.. Bring back our billions.. Pen thief! undecided
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by EagleNest(m): 6:34am On Jun 23, 2020
Nigeria now awarded Master degree in corruption.
Re: EFCC Re-Arrests John Yusuf Over ₦32.8 Billion Pension Fraud by princeade86(m): 7:01am On Jun 23, 2020
ZooOga:



Justice Abubakar Malami was the wrong choice. His record of putting corrupt government officials away for a long time has been subpar.

i think recovered loot is deposited with the CBN.
sorry, which CBN. Central Bank of Norway or Central Bank of Niger.

1 Like

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