Faisal Abdulrasheed Maina, the former chairman of the Pension Reforms Task Team accused of embezzling N24 billion has reportedly started confessing.

Vanguard reports that a top EFCC source who asked not to be named claimed that Maina was already disclosing how he allegedly spent the money.

The money was reportedly meant to be used to pay off millions of the federal government’s retirees across the world.

However, Maina and his team reportedly diverted the money and shared with other government officials with the claim that they were travelling all over the world to verify the biometric of the retired Nigerian workers.

In the list of the alleged ‘beneficiaries’ submitted by Maina are a former Inspector General of Police, Director-General of the National Intelligence Agency (NIA), a Permanent Secretary in the Presidency, a controversial Head of Service of the Federation, Director of Budget of the Federation, two ex-chairmen of the EFCC and ICPC and others.

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The list is reportedly submitted the bank details of the alleged beneficiaries and the amount they collected for their alleged trips.

It should, however, be noted that Maina reportedly submitted the list not to indict the ‘beneficiaries’ but as an evidence that the money was utilized appropriately.

Legit.ng gathered that most of the alleged beneficiaries are no longer in government or public service but they might be summoned to account for the public funds.

The source claimed that Maina has also denied many of the payments and ownership of most of the houses traced to him.

Meanwhile, Legit.ng previously reported that Niger Republic alerted the federal government to the discovery of $1.7 million cash found in an apartment in its capital Niamey.

The money which is about N610.3 million was found in an apartment linked to Maina.

NAIJ.com (naija.ng)