15 December 2012

Nigeria: We've No Connection With Missing N195 Billion Pension Fund - Task Force

The Pension Reform Task Team has said it has no hand in the alleged missing of N195billion pension fund.

A statement signed by the team's spokesman, Hassan Salihu said the "Team has no connection with the missing of N195 Billion Naira pension funds in the Military, Police, DSS, CIPPO and the Head of Service Pension Offices from (2005 - 2010).

He said it is important to note that the Pension Team is barely two years old and it does not control or approve the utilization of the finances of the aforementioned pension offices; and for this reason, it could not have been possible for anybody to hold the Team accountable for an allegedly missing funds by other pension offices to which the Team has no control over.

He said as far as the Task Team is concerned, if funds are missing in military, police pension offices or other such pension offices, "we would advise that the Senate Probe Committee invite those responsible. If it is the Head of Service Office, same should be done to those who handled it then, and not the PRTT."

He said the Team hopes that the Senate Committee would fish out these pension thieves, cause their arrest, seize and recover the stolen funds from them just as the Pension Task Team did in the recovery of N221 billion to date.

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