An alleged scam running into billions of naira has been discovered at the Pension Transitional Arrangement Directorate (PTAD) of the Federal Ministry of Finance.
The details of the alleged scam are still sketchy, but the director-general (DG),
Nellie Mayshak, has been placed on an indefinite suspension while security agents have already swooped on the office to carry out investigations after a damning audit report.The acting DG is a director from the Office Of Accountant-General Of Federation, sources revealed, even as reports said that the recently introduced biometric registration by banks exposed a lot of questionable dealings in the directorate.
An official of the PTAD who spoke with The Cable said that there is no scam.
“The DG is on suspension as a result of an investigation into an audit report. It is not about any billions stolen,” the official said.
The PTAD was established in August 2013 under the Pension Reform Act (PRA) of 2004 to oversee the management of pensions under the defined benefit scheme for pensioners not transiting to the defined contributory scheme. Previous investigations by the Economic and Financial Crimes Commission (EFCC) have revealled the underbelly of pension management in the country.
On November 2, 2015, the former chairman of the PensionReform Task Team, a committee set up to clean up the pension system, Abdulrasheed Maina, was declared wanted by the anti-graft agency for alleged complicity in the stealing of N2 billion pension funds. He was said to have connived with the former head of the Federal Civil Service, Stephen Oronsaye, who is now facing trial at the Federal High Court, Abuja, for the alleged offence.
Also, on March 8, a former assistant director, Pension Account, Office of the Head of Service of the Federation, one Mohammed Ahmed Katun, was arraigned on a 12-count amended charge bordering on diversion of N81.4 million pension funds before Justice Ahmed Mohammed of the Federal High Court, Abuja.
Leadershipng
wow!!!...And whatever a man can do,a woman does it better oh.
ReplyDeletePARENTAL ADVISORY
^^^Adult Content^^^
And they want gender equality, when d last hope of a better Nigeria which is d women av shown dey more corrupt over d years....
Hahaha! Olodo! Which years. How many women as opposed to men. List them. Iti akwu. You don't even know what gender equality means so don't bother showing your ignorance.
Deleteentry level salary in PTAD is 500 monthly. When are they recruiting please?
DeleteGood to know
ReplyDeleteAnd this is how men should allow women to rule them
ReplyDeleteOlodo James. Useless boy. Mcheew!
DeleteLet the interrogation and arresting begin. And the mentioning of more names
ReplyDeletenice hair style.
ReplyDeleteLove her hairline, if that's not a wig.
ReplyDeleteYou go dey alright madam, no worry. No be 9ja we dey?
buhari needs a vacation and medical checkup cos the monies all dese crooked politicians have stolen can give one a heart attack.people just steal without an iota of fear.nawaoo
ReplyDeleteAhahahahaaa I'm telling u.
DeleteIf it will make Nigeria better.....
ReplyDeleteU are part of the problems too cos u scammed ask of a laptop.
Delete@ Anony, i'm teln u. Na so e dey start. 4rm laptop, by d time u grow finish, na 2 scam Naija.. biko u are as guilty @ doz corrupt politicians so jst shussss it.
DeleteIt really baffles me to read about corruption every hour of the day. Do we still have leaders in this country who does not corrupt blood flowing in their veins?
ReplyDeleteIt really baffles me to read about corruption every hour of the day. Do we still have leaders in this country who does not have 'corruption' blood flowing in their veins?
ReplyDeleteShe's a pretty woman. Too bad she did such.
ReplyDeleteCome oh, were her eyebrows suspended too?
#WhiteDiamondOut
Goodluck to the woman. Hope the houses she bought, she hid it well if not oyo is your name
ReplyDeleteAnd they are asking for gender equality and opportunity? Until a woman tells herself am ready for marriage, finds the man she wishes to marry, gather her kins men and carry them to escort her to the man's family for marriage rights, pay the grooms price and take the groom home to her father's house as her husband etc. Only then can such a woman ask for equal rights with the man or even supremacy over the man.
ReplyDeleteBefore now, I was tempted to think that this country will fare better if left in the hands of women to govern. But the few women who have been opportune to handle some elevated positions os authority have proved worst than the men. Primarily, they got so arrogant and ruthless towards there husbands subordinate staff and towards their fans and the society at large. And what they do to public funds is better imagined.
And they are asking for gender equality and opportunity? Until a woman tells herself am ready for marriage, finds the man she wishes to marry, gather her kins men and carry them to escort her to the man's family for marriage rights, pay the grooms price and take the groom home to her father's house as her husband etc. Only then can such a woman ask for equal rights with the man or even supremacy over the man.
ReplyDeleteBefore now, I was tempted to think that this country will fare better if left in the hands of women to govern. But the few women who have been opportune to handle some elevated positions os authority have proved worst than the men. Primarily, they got so arrogant and ruthless towards there husbands subordinate staff and towards their fans and the society at large. And what they do to public funds is better imagined.
See as body dey pepper this anon. If you don't know what gender equality is, please don't bother opening your mouth. Nigerians are corrupt. Men and women alike. Is it not men they have been dragging up and down or is it that we are dragging corruption with you people too. Its a man's world. Na wa o! Everything is a man's world. You're angry because a woman DARES to do what you guys have been doing since forever. Or you can't imagine a woman having billions. Stolen or not. Why am I even wasting my time on an ignorant mofo.
DeleteEvery scam should be uncovered and the perpetrators made to face the law.
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To think she earns 60 million naira monthly..
ReplyDeleteWhat do you then call this action of herd. Women tend to do such things more than the men counterpart
60 million monthly?
DeleteAll these civil servants and born again people abusing nigeria are as guilty as hell. Everybody is cutting business in the office one way or another. We are in serious trouble, we need to repent. Help us Jesus!
ReplyDelete60m per month, is she working for heaven? Hian!
ReplyDelete