Faisal Maina, son of Abdulrasheed Maina, former Chairman of Pension Reform Task Team, has revealed to the Economic and Financial Crimes Commission how his father created a bank account for a farm without owning one and how the account was used to syphon millions of naira.

Faisal, who is being charged over an allegation of fraud to the tune of N58m and for operating accounts that were used as conduits for illegal transactions, also explained how he evaded arrest and attempted to shoot at operatives of the EFCC.

In a confessional statement of Faisal exclusively obtained by SaharaReporters, he confessed that he runs two accounts in the name of Faisal Farm 1 and Faisal Farm 2 even though his father and don’t operate a farm business.

It was observed that in his statement to the commission collected in the presence of his lawyer, most of his answers were neither in the affirmative or denial as he preferred to use “I do not recall” when answering questions related to bank accounts and companies that had his name on the documents.

Faisal revealed that he was listed as shareholder of some companies accounts belonging to his father, Maina.

He said he registered Faisal Farms and he and his father are the two signatories to the accounts domiciled with the United Bank for Africa.

He said, “I registered the company and the company has been dormant for as long as I can remember.

“The company, Faisal Farms, has a corporate account at United Bank for Africa.

“The company, Faisal Farms, has two signatories, who are my father and I and the company has two accounts, which are Faisal Farms 1 and Faisal Farms 2. Faisal Farm does not have a farm

“I have made withdrawals and deposits into the account and my parents have also funded the account as the account is merely a personal account as it does not have a farm.”

He, however, denied operating, owning or being signatory to any other accounts opened in his name.

He added, “I was asked if I am a director or shareholder of any other company apart from Faisal Farm and my answer is that I am not and I do not recall being part of any other company.

“I was asked if I own an account in Fidelity Bank and my answer is that I am not. I have an account in Zenith Bank.

“I was asked if I have an account in First Bank and I do not recall. I was asked if I have in Keystone Bank and I do not recall