JUST IN: Supreme Court affirms six-year jail term for ex-pension Director, John Yusuf, orders N22.9b refund
The Supreme Court on Wednesday affirmed the six years imprisonment imposed on a former Federal Director of Pensions (FDP,) Mr John Yakubu Yusuf and also ordered him to refund N22.9b to federal government.
Solacebase reports that the N22.9b huge sum was part of the police pension fund he admitted before a High Court of the Federal Capital Territory FCT to have been misappropriated.
Justice Tijjani Abubakar in a judgment in an appeal filed by Yusuf, upheld the decision of the Court of Appeal which in 2018 sent him to six years imprisonment, in addition to the refund of the huge sum.
The apex court held that Yusuf and others engaging in fraudulent practices must be told through court judgments that it is no longer business as usual.