The
Federal Government has debunked the reported disappearance of N24 billion from
the Police Pension Fund, saying the money in question was discovered to be an
over-estimation of pensions arrears and subsequently returned to government
coffers in line with standard practice.
Coordinating
Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, who
cleared the air over the alleged missing fund, via a statement issued by her
Special Adviser, Mr. Paul Nwabuikwu, said in March 2012, she had told the
Senate Joint Committee on Pensions Administration at a public hearing that she
ordered the account frozen to prevent fraud based on reports of suspicious
transactions.
The
minister's reaction was sequel to what transpired at the House of
Representatives’ Public Accounts Committee (PAC) probe, where the Director
General of the Pension Transitional Arrangement Department (PTAD), Mrs. Nellie
Mayshak had told the committee that "no documentary evidence"
exists on the whereabouts of N24 billion released from the Service Wide Vote in
2010 for the Police Pension Fund.
Pls Nigerias stop asking of looted funds so that these armed robbers would allow us enjoy fuel availability. The more u ask for what they looted the more the scacity would ccontinue.
ReplyDeleteThese pple under GEJ stole 20bn dollars not to even talk of 24bn naira. Abeg allow them get enough for GEJ and them selfs. The man need to be sure he does not lack shoes again for the rest of his life
ReplyDeleteWhy do celebrate stories like money is missing but we hate to hear money is not missing. Would we rather prefer the money to be missing. Thanks madam for d update God bless u. Only those who are close to you know how sincere u are
ReplyDeleteNa so !! Yu beta stop fooling around.
ReplyDeleteNgozi, should stop decide bing gullible Nigerians .these monies are being accumulated for 2015 election but I am certain God Almighty will punish all of you for stealing our collective resources.
ReplyDeleteDo you have any evidence for this your spurious allegation? Madam Iweala has make it a duty to ensure that the system is cleaned out.
DeleteU are a thief, there is no smoke without fire
ReplyDelete