Nigeria: Senate Frowns at Fraud in Pension Scheme

30 January 2009

The Senate yesterday decried the high level of corruption bedevilling the efficient implementation of pension funds administration in the country while mandating its committee on establishment to wade into the situation.

President of Senate David Mark decried the high corruption rate in the pension administration during consideration of the report of the Senate Committee on Establishment which investigated the problems associated with implementation of the Pension Reform Act.

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