Pension Thief Goes Back To Jail

                  

Former Director of Pensions in the Police Affairs Commission, and convicted felon in the theft of N23 billion from the Police Pension Fund, John Yakubu Yusuf, has been sent back to jail barely 24 hours after he was released.

Justice Adamu Bello remanded Yusuf in jail this morning after he was freshly charged to court for failure to disclose his assets.

The Economic and Financial Crimes Commission (EFCC) re-arrested him yesterday as he was enjoying his short-lived freedom at his home, and took him to its headquarters in Abuja, where he was questioned and detained for subsequent prosecution today, following his alleged involvement in another N300 milllion fraud.

Following the arrest, lead prosecutor for the anti-graft agency, Mr Rotimi Jacobs, yesterday, entered a fresh four-count criminal charge against him before the Abuja Division of Federal High Court.

In the fresh charge against him, the accused person, on or about February 14, 2012, knowingly failed to make full disclosure of his assets and liability in the Declaration of Assets Form he filled and submitted, adding that he failed to declare that he owns a company known as AY-A Global Services Limited.

He was said to have used the name of the company and lodged in a fixed deposit account with a bank, the sum of N250 million, N10 million in a fixed deposit account with another bank, and another N29 million which he was said to have instructed one Danjuma Mele to lodge in his company account in the name of Jidag Technical Services Ltd with yet another bank.

According to the EFCC, the offence is punishable under section 27 (3) of the Economic and Financial Crimes Commission (Establishment e.t.c) Act Cap E1 2004.

Just when he thought he was home free, they had to go and spoil his fun. When you dip your hands in a figure as large as N23 billion, the noise that singular action generates is not one to be silenced by N750,000.

The public outcry over the light sentence Yusufu was given, has forced the government and the EFCC to look deeper into his finances, knowing that there just had to be something they could nail him with.

. . . Possibly to appease the public's anger.

The new judge denied Mr. Yusufu bail and ordered him sent to jail until March for the next trial date.

We hope this time he's going to really get what's coming to him.

OFF WITH HIS HEAD!!!