JUST IN: A'Court Upholds Maina’s Son Conviction Over Money Laundering
The conviction of Faisal, the son of the jailed ex-Chairman of the defunct Pension Reform Taskforce Team (PRTT), Abdulrasheed Maina, by the Federal High Court for conspiracy and money laundering was on Thursday sustained by the Court of Appeal sitting in Abuja.
Delivering the judgment, a three-member panel of the appellate court however reduced his prison term from 14 to seven years on the grounds that he is first- time offender.
In the lead judgment by Justice Ugochukwu Anthony Ogakwu, the court held that Justice Okon Abang of the Federal High Court, Abuja was right to have convicted Faisal.
It was of the view that being a first-time offender, the trial court ought not to have handed the convict the maximum punishment under the law.