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abujagirl
Guest
PREMIUM TIMES has an article on how N1billion pension fund was allegedly stolen.
In a little over a month, the sparks will start to fly in what might turn out the most celebrated trial of this year as the prosecution of the former Head of the Civil Service of the Federation, Steve Oronsaye; former chairman of the Pension Reform Task Team, PRTT, Abdulrasheed Maina; and others accused of siphoning over N1 billion from pensioners’ funds, commences.
The Economic and Financial Crimes Commission had on July 10 slammed a 24-count charge on Messrs Oronsaye, Maina and Osarenkhole Afe, a consultant who worked with the Task Team, as well as his company, Fredrick Hamilton Global Services Limited, which was used as conduit pipe to siphon funds from the pension unit of the HOSF’s office.
Although Mr. Maina is not listed as one of the respondents in the case, his name features prominently in all the charges and he is being prosecuted along with the others. EFCC sources indicate that his name is not listed among the respondents because “he is at large and cannot be tried in absentia”.
Messrs Oronsaye, Maina and the others are accused of using bogus or inflated biometrics enrolment contracts, dubious “collective allowances” and other schemes to steal money from the account in which pensioners’ funds were kept.
Click here to read more
SOURCE: PREMIUM TIMES
In a little over a month, the sparks will start to fly in what might turn out the most celebrated trial of this year as the prosecution of the former Head of the Civil Service of the Federation, Steve Oronsaye; former chairman of the Pension Reform Task Team, PRTT, Abdulrasheed Maina; and others accused of siphoning over N1 billion from pensioners’ funds, commences.
The Economic and Financial Crimes Commission had on July 10 slammed a 24-count charge on Messrs Oronsaye, Maina and Osarenkhole Afe, a consultant who worked with the Task Team, as well as his company, Fredrick Hamilton Global Services Limited, which was used as conduit pipe to siphon funds from the pension unit of the HOSF’s office.
Although Mr. Maina is not listed as one of the respondents in the case, his name features prominently in all the charges and he is being prosecuted along with the others. EFCC sources indicate that his name is not listed among the respondents because “he is at large and cannot be tried in absentia”.
Messrs Oronsaye, Maina and the others are accused of using bogus or inflated biometrics enrolment contracts, dubious “collective allowances” and other schemes to steal money from the account in which pensioners’ funds were kept.
Click here to read more
SOURCE: PREMIUM TIMES
