Ngozika Ihuoma, the first defence witness in the ongoing trial of Abdulrasheed Maina, former Chairman of the Pension Reform Task Team , told a Federal High Court on Tuesday that N74 billion recovered by the PRTT was used by the Nigerian government to finance the 2012 Budget.Justice Abang had, on February 25, ordered the former PRTT chairman to open his defence in the charge preferred against him by the Economic and Financial Crimes Commission after the prosecution closed its case.
He explained that the said money was warehoused at the Central Bank of Nigeria by the EFCC and Independent Corrupt Practices Commission and Other Related Offences Commission . Ihuoma noted that a presidential directive was issued by the then president, Goodluck Johnathan, that 2.5 per cent which amounted to N7.05 billion of the recovered money be used to run the PRTT’s official duties but was never released despite several requests and a reminder to the Ministry of Finance and the National Assembly.
Maina was arraigned before the judge on October 25, 2019, by the EFCC alongside his firm, Common Input Property and Investment Ltd.
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