BidVertiser

Tuesday, 29 January 2013

SHOCKING: N27 BILLION PENSION THIEF GETS N750:000 FINE


                     
It was shock on Monday as a the Federal Capital Territory High Court, Abuja, sentenced the Director of the Police Pension Office, Mr. John Yussuf to only two-year imprisonment for conniving with others to defraud the office and pensioners of N27.2 billion. Yussuf actually admitted to stealing N2 billion of the money during his trial in court. Nevertheless, he will not spend two years in prison as Justice Abubakar Talba gave him an option to pay a fine of N750,000 for the three offences he pleaded guilty to. Each of the three offences attracts a two- year imprisonment but shall run concurrently. Yussuf became the first to be sentenced in the ongoing trial of persons involved in the N38.8 billion police pension scam. Mr. Yussuf will forfeit 32 houses in the Federal Capital Territory and Gombe as well as N325 million which the Economic and Financial Crimes Commission said were proceeds from the crime. Those present in the courtroom showed dismay over the judgment as they openly disapprove the judgment through their frowned faces! 






Dear VME readers, do you think the option to pay N750,000 given to a man who connived with others to steal a whopping N27.2 billion was justified? Will this serve as a deterrent to others or will it emboldens others to steal more? Please, leave your comments on the comment section.








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