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[JUST IN] Supreme Court Upholds Jail Term For Ex-Pensions Boss
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The Supreme 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 was frivolous, vexatious and devoid of merit
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EKO HOT BLOG reports that the Supreme Court of Nigeria, on Wednesday, affirmed the six years imprisonment imposed on a former Federal Director of Pensions (FDP,) John Yakubu Yusuf and also ordered him to refund ₦22.9bn to government coffers.
The ₦22.9bn 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 Supreme 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.
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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.
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 ₦22.9bn.
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