Niger Republic alerts FG of $1.7m (N610m) cash in Maina’s Niamey home
The Nigerian government has been alerted by Nigerien authorities over $1.7m cash found in an apartment believed to be owned by arrested former Chairman of the Pension Reform Task Team, Abdulrasheed Maina.
Maina who sneaked into the country from Dubai to avoid getting arrested, is under investigation for alleged mismanagement of over N24billion pension funds while in office. Recall that 29 assets worth N1billion also suspected to be owned by him have already been seized.
The Nation reported that the apartment the money was discovered in was one of Maina’s hideouts and he might also get probed on why one of his nephews, Sadiq Abdullahi Ismaila was almost tortured to death over how $1.7million got missing from a safe house.
“The $1.7m was stashed in an apartment in Niger Republic which was being occupied by a Nigerian.
“So far, a trail of the cash by security agencies has linked Maina to the cash because the apartment was alleged to be his hideout.
“Detectives are working round the clock to uncover where the suspected pension cash was sourced and how it was ferried to Niger Republic.
“One of the clues being probed was the allegation that Faisal Maina (the son of the ex-pension reform task force chairman) moved the cash from Nigeria to the Republic of Niger.”
Responding to a question, the source added: “Investigators have also discovered that Maina allegedly influenced the arrest and torture of one of his nephews, Sadiq Abdullahi Ismaila over a missing $1.7m.
“Sadiq , who later released a video clip on his ordeal, asked Maina to turn his searchlight on his son, Faisal and wife” an authoritative source said..