NigerianSenate indicts EFCC, says seized 222 properties ‘shared’ - Maina Reveals

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The Senate ad hoc committee set up to investigate the controversial reinstatement of former Chairman of the Presidential Task Force on Pension Reforms, Abdul-Rasheed Maina, has indicted the Economic and Financial Crimes Commission.


The Senate, at the plenary on Thursday, further asked the ad hoc committee to probe into the whereabouts of the 222 properties seized from alleged pension fund thieves and kept in the custody of the EFCC.

Chairman of the committee, Senator Emmanuel Paulker, moved a motion to extend the probe to the seized properties in the EFCC’s custody, as they had been allegedly “shared.” He also asked for more time to carry out the assignment.

Paulker said, “The Senate notes that the Presidential Task Force on Pension Reforms headed by Maina, in the course of discharging its mandate, recovered about 222 houses, hotels, investment portfolios and properties from pension fund suspects in Abuja and other major cities across the country.

The Senate equally notes that before Maina left, the pension reform task team recovered assets from alleged pension looters, working with the EFCC, ICPC, DSS, police and paramilitary agencies who executed the recoveries and thereafter, the EFCC took over custody of the recovered assets.

“The Senate further observed that the EFCC, as a member of the Maina-led pension tax force team, had the statutory powers to impound and take custody of assets.

“The Senate is alarmed that the total recovered assets from alleged pension thieves are reported to be allegedly shared by some interest groups.

“The Senate further notes that this revelation emerged during the current investigation by the ad hoc committee on the reinstatement of Maina and the committee equally received a petition on the recovered properties by the task force.”

Chairman of the probe committee therefore urged the lawmakers to expand the scope of the investigation and give the panel more time to carry out the exercise.