Niger Republic alerts FG of $1.7m cash in Maina’s home

Nigerien authorities have alerted the Nigerian government over the $1.7m cash found in an apartment believed to be owned by arrested Abdulrasheed Maina, a former Chairman of the Pension Reform Task Team.

Maina is under investigation for alleged mismanagement of over N24billion pension funds while in office.

The apartment were the money was discovered in was one of Maina’s hideouts and he might also get probed on why one of his nephews, Sadiq Abdullahi Ismaila was almost tortured to death over how $1.7million got missing from a safe house.

The authorities source said “The $1.7m was stashed in an apartment in Niger Republic which was being occupied by a Nigerian. So far, a trail of the cash by security agencies has linked Maina to the cash because the apartment was alleged to be his hideout. Detectives are working round the clock to uncover where the suspected pension cash was sourced and how it was ferried to Niger Republic. One of the clues being probed was the allegation that Faisal Maina (the son of the ex-pension reform task force chairman) moved the cash from Nigeria to the Republic of Niger.”

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