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Breaking: Ex-pension Boss, Maina, Arrested in Niger Republic

Malik Yahya/

Operatives of Nigeria Intelligence Agency have reportedly arrested Abdulrasheed Maina in Niger Republic.

The former Chairman of the Pension Reform Task Team (PRTT) is facing a 12-count money laundering charge filed by the Economic and Financial Crimes Commission (EFCC).

According to the EFCC, Maina used his firm to launder about two billion naira.

Maina was declared wanted by EFCC after he jumped bail.

The development prompted Justice Okon Abang of the Federal High Court to order the remand of his surety, Senator Ali Ndume, in prison custody.

The lawmaker, representing Borno South, was eventually released last Friday.

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