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Reps panel summons Okonjo-Iweala, Maina over ‘diversion’ of pension funds

Reps panel summons Okonjo-Iweala, Maina over ‘diversion’ of pension funds
March 06
15:16 2018
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A house of representatives panel has summoned Ngozi Okonjo-Iweala, former minister of finance, over the alleged fraud involving management of pension funds in the country.

At its sitting on Tuesday, the panel summoned the former minister to appear before and explain the “diversion of pension funds” by the presidential task force on pension reforms (PTFPR).

Also invited by the house ad-hoc committee investigating the task force are Steve Oronsaye, former head of civil service; and Winifred Oyo-Ita, the current head of civil service; Abdulrasheed Maina, former chairman of PTFPR; and Abubakar Malami, attorney-general of the federation.

The committee also invited heads of the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC); governor of the Central Bank of Nigeria and the inspector-general of police.

The panel invited the individuals to appear before it during its next siting on Monday to explain their roles in the alleged diversion of pension fund.

In her presentation, Sharon Ikeazor, secretary of Pension Transitional Administration Directorate (PTAD), said the directorate did not receive any document from the task force when it was established.

According to her, “only the liabilities were handed over to the directorate.”

Ngozika Ihuoma, executive director of Legislative Watch, also requested the committee to interrogate all other members of the task force.

The executive director, who is a former member of the house of representatives, told the committee that he had worked as a consultant for the presidential task force and as such, was privy to its operations.

He wondered why it is only Maina — “who is innocent” — that is being mentioned in the alleged diversion of the fund, asking: “What of all the other members (of the task force) and other government officials at the time?”

He also said Maina had helped the federal government recover a total of N1.3 trillion “after a visit to him in Dubai by the minister of justice and the national security adviser.”

Anayo Nnebe, chairman of the committee, said the committee’s work cannot be concluded without hearing from the parties involved.

“We cannot conclude this investigation without hearing from the persons involved. We must bring all the culprits to book,” he said.

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4 Comments

  1. Seun Naija
    Seun Naija March 07, 16:18

    This move has all the trappings of a witch hunt written over it. Here’s another gimmick by this clueless administration in their blame game approach to governance. Now Maina is innocent????!!! I can’t believe how far this admin will go to cover up for their allies.

    Reply to this comment
  2. Sam
    Sam March 07, 16:20

    “He wondered why it is only Maina — “who is innocent” — that is being mentioned in the alleged diversion of the fund, asking: “What of all the other members (of the task force) and other government officials at the time?”
    This line just summarises the motive behind this “investigative” panel – another ill-conceived witch hunt.

    Reply to this comment
  3. Tanko
    Tanko March 07, 16:26

    This Senate promised us to issue a report and put us in the know after its Ad hoc Committee investigating the unexplained re-appearance, reinstatement and promotion of former Chairman, Presidential Task Force on Pension Reform, Abdulrasheed Maina completes it work. I have not seen a single report, I don’t know if anybody here has seen any.

    Reply to this comment
  4. Lolade Nifemi
    Lolade Nifemi March 08, 13:59

    Here we go again, once they are unable to give account of how funds are being spend, they blackmail the innocent ones, accusing them wrongly, what has Okonjo Iweala got to do with pension fund…………..you guys are just beating are just beating around the bush

    Reply to this comment

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