Faisal, son of Abdulrasheed Maina, former chairman of the defunct Pension Reform Taskforce Team has been sentenced to 14 years in prison.
He was sentenced by a federal high court in Abuja presided by Okon Abang.
The trial judge found Faisal guilty on a three-count money laundering charge preferred against him by the Economic and Financial Crimes Commission (EFCC).
It held that the anti-graft agency successfully established that Faisal, operated a fictitious bank account with the United Bank for Africa, UBA, through which his father, Maina, laundered the sum of N58.1million.
The court noted that the said fund which was deposited into the account that was operated in the name of Alhaji Faisal Farm 2, was sequentially withdrawn by the Defendant and his father, between October 2013 and June 2019.
Justice Abang said he was satisfied that the EFCC proved all the essential ingredients of the charge, stressing that the Defendant reasonably ought to have known that inflows into the bank account formed proceeds of an unlawful act of corruption by his father.
While the court sentenced the Defendant to 5 years in count 1 and 3 of the charge, he was sentenced to 14 years on count 2 of the charge.