House of reps summon former finance minister, others over alleged stolen pension funds

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On Tuesday the House of representatives ad-hoc committee, summoned
former Minister of Finance, Ngozi Okonjo Iweala, Central Bank of Nigeria
governor, Godwin Emefiele and former Accountant-General of the
Federation, Jonah Otunla to appear next week Monday to explain their
involvement in the alleged misappropriation of the pension funds.

 

The committee believed in its wisdom that not only the fugitive
Abdulrasheed Maina should be held accountable but all those who
participated in the then Presidential Task Force on Pension Reform. And
it was even alleged that about N2 billion naira was squandered by the
team.

This was predicated on the basis that the team was constituted
to track stolen public fund and should be regulated by the principle of
collective responsibility.

The investigation was meant to cover the periods from 2010 to 2013 and activities of the other successor agencies.

Chairman of the committee, Hon. Anayo Nnebe said it would be
unacceptable for the Pension Transitional Arrangement Directorate, PTAD,
to claim that there was no recoveries made in the period under review
and asked them to come with comprehensive reports of recoveries so far
made.

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