Justice Okon Abang, in his judgment, held that Faisal, who was sentenced in absentia, was guilty of all the three-count charge.
A Federal High Court in Abuja has sentenced Faisal Maina to 14 years in prison.
Faisal is the son of the former chairman of the now-defunct Pension Reformed Task Team, Abdulrasheed Maina.
Justice Okon Abang of the Federal High Court in Abuja gave the judgement on Thursday in the suit filed by the Federal Government against Faisal Abdulrasheed Maina, on money laundering charges.
Faisal, who is standing trial on charges of money laundering, had jumped bail refusing to attend trial since November 24, 2020.
For Count 1, Justice Abang ordered that he be jailed for five years. In count two, he was sentenced to 14 years imprisonment with effect from today.
The court also ordered that Faisal returns to the Federal Government, the sum of N58.1m and the company used, to wind up. For count three, he was jailed for five years.
The court held that the terms would run concurrently. Justice Abang further ordered the Federal Government to arrest Faisal wherever he is found in Nigeria and commit him to a correctional Center.
But if arrested outside Nigeria, the FG has been asked to lawfully extradite him to face his sentence.
The Economic and Financial Crimes Commission (EFCC) had on February 24 alerted the court that Faisal was on the run to the United States Of America (USA).
Lawyer to the anti-graft agency, Mohammed Abubakar, had said from the information at the disposal of the commission, that Faisal Maina sneaked to the USA through the Republic of Niger despite his Nigerian and American passports still with the registry of the court.
“We have a bench warrant of the court for the arrest of the defendant and his apprehension before the court.
“We have been making serious efforts to execute the bench warrant but it has met challenges. The defendant has absconded to the USA,” the EFCC lawyer told the court.
Faisal Maina’s lawyer, Anayo Adibe, however, disputed the claim of the prosecution as he insists that his client was arrested by the Nigeria Police Force in Sokoto.
He urged the court to open an inquiry as to the true whereabouts of his client.