Fri. Jul 1st, 2022

S’Court Upholds 6-year Jail Term For Ex-Pension Director Over N22.9bn Fraud

The Convict, Mr. John Yakubu Yusuf

S’Court Upholds 6-year Jail Term For Ex-Pension Director Over N22.9bn Fraud

The Supreme Court of Nigeria today, affirmed the six years imprisonment slammed on Mr John Yakubu Yusuf, a former Federal Director of Pensions (FDP,).

The highest court in Nigeria also ordered the convicted director to refund N22.9 billion to government covers.

The N22.9 billion, 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 jail term, in addition to the refund of the huge sum.

The Supreme Court judge 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.

The judge further stated 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 N22.9 billion

Yusuf’s main grouse is that the the Court of Appeal mis-carried justice in its judgment.