Court remands ex-Pension director in prison


sani_teidi_shuaibuA Federal High Court in Abuja has ordered that a former Director, Pension Accounts, Office of the Head of Service of the Federation, Dr. Sani Teidi Shuaibu, be remanded in Kuje prison over a N6 billion pension fraud.

Teidi was on Friday arraigned afresh alongside, Omoefe Uduesegbe and nine companies, before Justice Adeniyi Ademola on a 22-count charge bordering on conspiracy and allegedly defrauding the pension funds of about N6 billion.

The accused persons pleaded not guilty to the 22-count charge preferred against them by the Economic and Financial Crimes Commission (EFCC).

After taking their pleas, their counsel, Sunday Ameh (SAN), begged the court orally for their bail, but the trial Judge refused to grant the application and asked him to come before the court formally with the application for the accused persons’ bail.

Justice Ademola then ordered that the accused persons be remanded in prison custody till June 18, 2013 when the court will hear argument on their bail application.

Count one of the 22-count charge reads: “That you, Dr. Sani Teidi Shuaibu, former Director, Pension Accounts, office of the Head of service of the Federation of Nigeria, Udusegbe Erik Omoefe, Gozinga Enterprises, Uthathak Nigeria Limited, Krasiva Nigeria Limited and Riba-lle Petroleum Limited at various times between 2009 within the jurisdiction of this honourable court, conspired together to obtain by false pretence and with intent to defraud from Pensions Account Office of the Head of Service of the Federation of Nigeria various sums in the aggregate amount of N1, 951, 592, 000.00 and thereby committed an offence contrary to section 8(a) of the Advance Fee Fraud and other Fraud related offences Act 2006 and Punishable under section 1(3) of the Advance Fee Fraud and other Fraud Related offences Act 2006″.


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