Thursday, 31 January 2013

NIGERIA: EFCC re-arrests Police Pension Fund ex-director



The Economic and Financial Crimes Commission, EFCC, on Tuesday re- arrested John Yakubu Yesufu, a former Director of the Police Pension Fund, who was on Monday given a slap on the wrist by an Abuja High Court, after he was found guilty of stealing nearly N30 billion from the Fund.
The court presided by Justice Abubakar Talba, had set free Yesufu after a controversial plea bargain.

The verdict which has sparked nationwide outrage is seen as another minus to the anti-corruption crusade of the Goodluck Jonathan administration.
The ex-Director was asked to pay a paltry N750,000 to avoid a jail sentence of six years.
EFCC spokesperson Mr. Wilson Uwujaren said Yesufu is currently being detained at the Abuja office of the agency for false declaration of assets, adding that he will soon face fresh charges.

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