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Pension Scam: Supreme Court Affirms 6yrs Jail Term For John Yakubu, Orders N22.9b Refund

Pension Scam: Supreme Court Affirms 6yrs Jail Term For John Yakubu, Orders N22.9b Refund

April 13, 2022
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Pension Scam: Supreme Court Affirms 6yrs Jail Term For John Yakubu, Orders N22.9b Refund

by Present Nigeria
April 13, 2022
in News
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Pension Scam: Supreme Court Affirms 6yrs Jail Term For John Yakubu, Orders N22.9b Refund
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The Supreme Court of Nigeria has affirmed the six years imprisonment imposed on a former Federal Director of Pensions (FDP,) Mr John Yakubu Yusuf.

The court at its sitting on Wednesday in Abuja also ordered him to refund N22.9b to government covers.

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The N22.9b huge sum was part of the police pension fund he admitted before a High Court of the Federal Capital Territory FCT to have been misappropriated.

Justice Tijjani Abubakar in a judgment in an appeal filed by Yusuf, upheld the decision of the Court of Appeal which in 2018 sent him to six years imprisonment, in addition to the refund of the huge sum.

The apex court held that Yusuf and others engaging in fraudulent practices must be told through court judgments that it is no longer business as usual.

Justice Abubakar said that the appeal of the former federal pension Director seeking to set aside the six years jail term against him was frivolous, vexatious and devoid of merit.

He further held that victims of the convicted Director deserved restitution which can only be achieved through justice.

Yusuf had dragged the Federal Government before the apex court seeking to overturn the six years imprisonment slammed on him by the Court of Appeal.

The former pensions director, who is serving the six years jail term at the Kuje prison, also asked the Supreme Court to set aside the whopping sum of N22.9 billion naira he was ordered to refund the government by the Court of Appeal in a 2018 judgment.

He was sent to prison in 2018 by the Court of Appeal in Abuja upon being found guilty of defrauding the Federal Government to the tune of N22.9 billion naira through Police Pensions.

In his appeal lodged with the Supreme Court, he prayed the apex court to set aside his conviction and the order that he should refund N22.9b.

His main grouse is that the Court of Appeal miscarried justice in its judgment.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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