Police pension boss jailed 2yrs for stealing N23bn freed on N750k fine

An Abuja High Court yestherday sentenced a former head of the Police Pension Board, Mr Yakubu Yusuf, to two years in prison after he pleaded guilty to embezzling N23billion of police pension fund.

Mr Yusuf was given an option of N750 thousand to avoid the jail sentence. He was also asked to forfeit property valued at N325 million.

The former assistant director in the federal civil service was one of the six people tried for stealing N32.8 billion of police pension fund.