JUST IN: Reps summon Ngozi Iweala, Maina, head of service others over pension fraud

The House of Representatives has summoned former finance minister, Dr. (Mrs) Ngozi Iweala, former chairman, Presidential Pension Reform Task Team(PRTT), head of service of the Federation, Mrs. Winifred Oyo-Ita and Alhaji Rasheed Maina and all members of the team.

The House also promised to provide security cover for the wanted ex-PRTT boos to appear before it.

Also summoned are the governor of Central Bank of Nigeria, Mr. Godwin Emefiele, chairman of the Economic and Financial Crime Commission (EFCC), Mr. Ibrahim Magu and his Independent Corrupt Practices Commission (ICPC), counterpart as well as the Attorney General of the Federation and minister of justice, Mallam Abubakar Malami.

Inspector General of Police, current head of service and agencies related to pension matters.

Chairman of the House special panel investigating pension reforms activities since 2010, Hon. Anayo Nnebe who disclosed this yesterday announced that all the invited persons are to appear next Monday, March 12th.

He said the invitation followed the information at the panel’s disposal that there are a lot of looting of Pension funds by those who should manage the funds.

The panel he warned was not out to witch hunt anybody but will bring all the culprits to book.

According to him, the mandate of the panel is to recover looted funds for our common benefit.

“In that wise, Dr Iweala must appear, former head of service, all members of the Maina”s committee too” hé said, pointing that it would not entertain subordinate staff but heads of agencies.

“We need heads of agencies dealing with somebody not heading an agency is problem.

He stated that the parliamentary inquiry is to track funds and properties trapped as a result of pension maladministration in the country.

“It is our constitutional responsibility to oversight pension characterized by poor administration, lack of data and monumental corruption, Jon Nnebe said.

Speaker Yakubu Dogara represented by Hon Pally Iriasé, deputy whip, while declaring the investigative hearing open, said the probe had become necessary because of series of complaints of fraud by Nigerians.

Meanwhile Sharon Ikeazor,  executive secretary, Pension Transition Arrangement Directorate,(PTAD), who reeled out several figures and the achievements of her directorate since inception noted that her agency was handed only liabilities.

She also disclosed that all funds are now subject to TSA and domiciled in the CBN, while properties that were recovered are being evaluated by works and housing ministry, for proper pricing so that proceeds from their sales are deployed for pensioners.

She told the committee that neither monies nor assets claimed to have being recovered by the Maina committee or any other body was handed over to PTAD.

“No monies, documents or reports were handed over to us by Maina” we inherited data ” she stated further, adding that the creation of PTAD was as a result of an outfall of the maladministration in the pension scheme of the country.


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35 Thoughts to “JUST IN: Reps summon Ngozi Iweala, Maina, head of service others over pension fraud”

  1. Seye Tiamiyu

    All of these allegations are usually an excuse to spoil people’s reputations. Which is really uncalled for!

  2. Seye Tiamiyu

    I don’t see the need to summon Okonjo Iweala, that woman is busy making impacts in people’s life, she should not be distracted.

  3. Seye Tiamiyu

    There is always one alleged sum of money squandered one place or the other, now, all these seems like a lie or a pretense to create unnecessary drama. I don’t even believe in any of these things again.

  4. The House of Representative members should be taught the principles of leadership. Trying to bring people down or barking like a dog at each turn is not how to lead. We are not paying them salaries so that they can go there and play politics with the integrity of noble and respectable Nigerians. Dragging Okonjo-Iweala into this issue and giving this summon this negative light is not the best way to resolve the pension crisis. This is unrefined, inelegant and totally in poor taste.

  5. When will these men and women of the House of Representatives learn that you cannot be judge, jury and executioner? They have publicly cast a negative light to this invitation. The media has reported this irresponsibly too as if answering the summon means that one is guilty already. This stupidity must stop. We should be wiser and better than this.

  6. It is quite clear that this nation is becoming a madhouse where the rules of common decency have no value. If you are inviting someone to help you in an investigation, are you supposed to present it like the person is guilty? These people don’t have any integrity to protect that is why they don’t mind impugning those of people who have loyally served both country and the world.

  7. Madam Okonjo-Iweala has handled money in the World Bank. She performed excellently well in her positions, I don’t know why it is only in Nigeria that negative reports about her come out even when she is doing great works internationally. There is something fundamentally wrong with this country, especially with those in the House of Representatives. They should quickly be flushed out from that house where they waste taxpayer’s money on them.

  8. Maina was sacked because he was suspected of tampering with funds. It will be wise for this House of Reps to first look for him and investigate him instead of looking for another way to make a hell of noise.

  9. Deji

    Here comes the senate with their favourite diversion tactic – the blame game charade!

  10. saliu

    These house of reps are the most useless and self-serving set yet! After it has been discovered that Maina that was fired and brought back through the backdoor, is being backed by movers and shakers of the present administration, they now want to divert attention by mentioning Ngozi Okonjo-Iweala’s name. Kolewerk mehn!

  11. Aisha

    That’s their favourite past time – blame game. From 2015 to now, thats all they’ve done. They keep getting worse every day.

  12. Aisha

    Ngozi Okonjo-Iweala does not need to appear before this charade of a senate committee, she did her bit already, she publicly told the senate that the money is in the CBN then. Let them do an audit.

  13. Hassan

    Are we talking about the same N200m pension which NOI has categorically cleared with the senate that it’s with the CBN?? Something even Maina confirmed then??? If this is the same N200m why is this present senate wasting resources on an already investigated issue? Why not just get the files or documents and continue from then?

  14. Hassan

    These house of reps are the most useless and self-serving set yet! After it has been discovered that Maina that was fired and brought back through the backdoor, is being backed by movers and shakers of the present administration, they now want to divert attention by mentioning Ngozi Okonjo-Iweala’s name. Kolewerk mehn!

  15. Samson

    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.

  16. Folusho

    During her time as Minister of Finance Dr. Ngozi Okonjo-Iweala, and the Accountant-General of the Federation then, Mr. J.O. Otunla, launched a commendable initiative to harmonise pension accounts, to stop the lodging of pension funds in several shady accounts, hiding part of the funds in secret accounts and eventually carting it away. They worked towards streamlining pension fund administration and make it traceable and transparent. This present administration borrowed a leaf from there by setting up the TSA.

  17. Folusho

    According to Dr Okonjo-Iweala: “It was discovered that every new management opened new accounts in banks and moved funds around. They confirmed that there was a struggle among the Head of Service, the Task Team and the Police Pensions for control over these accounts.” The Senate should please point their noses in the right direction and let us rein in the evil act of corrupt elements in our society.

  18. Folusho

    The Minister contracted the services of KPMG, a world renown audit firm, and it confirmed that different accounts were being opened for moving funds around by different management boards of the Police Pension Office. Such are the kind of administrators that our system throws in our faces. Such shame

  19. Folusho

    Dr. Ngozi Okonjo-Iweala ensure through the various biometric screening conducted between June 2010 and 2012, that the Task Force was able to save N74 billion that would have been embezzled through the fraudulent activities of those in charge of paying out pensions. I doubt someone with the mind of stealing will enforce biometric screening.

  20. Folusho

    The Minister directed the freezing of the accounts, used to illegally warehouse pension funds in September 2011, with a directive to the chief executives of the banks not to pay out any money without appropriate authorization. What beyond this is the job description of a finance minister? What else will the Senate committee be asking Dr. Okonjo Iweala if she ever finds time to honour the Senate invites due to her busy schedule?

  21. Folusho

    It’s good that the Senate is rising to its constitutional responsibilities, administration of pension in Nigeria remains a corrupt, messy affair no doubt, but we must appreciate and respect the contributions of the former minister of finance, Dr. Ngozi Okonjo-Iweala in the sanitization of the pension administration in the country. She and her team confirmed the existence of the shady accounts with billions of naira deposits, which her office took over, after much work was done by the task force. This much she confirmed to one of the numerous Senate pension probe committee, headed by Aloysius Etuk

  22. Folusho

    I hope this administration understands that hundreds of pensioners die annually without getting their dues. Some die on queues, trying to access peanuts paid by the pension fund administrators, monies most pensioners don’t even get after concerted effort. I hope someone is taking notes.

  23. Folusho

    The AGF, Mallam Abubakar Malami, according to reports from a major media house, met secretly with Maina in Dubai. What could they have talked about?The AGF who is supposed to be the chief prosecutor and defender of the laws of the land, meeting with a suspect on the run, secretly. Nigeria do deserve to know what has happened to the pension funds of our brave fathers and mothers

  24. Folusho

    The Senate refused to allow pressmen cover its proceedings when the AGF, Mallam Abubakar Malami appeared before it, concerning the reappearance and reinstatement of the fugitive Maina. We really don’t know what transpired, everything swept under the carpet, the very thing the Senate promised it won’t do before the investigation started. As it’s with most things Nigeria, the more you look the less you see. So what difference will this current summons make, when it appears the Senate isn’t transparent and probably acting out a script?

  25. Folusho

    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.

  26. Lolade Nifemi

    I respect Okonjo Iweala and it will be good if we all agree with this and stop bring up the past issue to affect the present one

  27. Lolade Nifemi

    If Okonjo-Iweala were a man, you would have called her the father of modern Nigerian Economy, Considering her painstaking efforts at setting the foundation of the Nigerian economy. Reforming the Unreformable tells her story most explicity on how she went about laying this foundation. However, it is quite sad that the society does not recognize her qualifications.

  28. Lolade Nifemi

    If we keep pointing fingers at those who have devoted their live to serve this country, then there is no way we would move forward, we have to be positive, why not concentrate on today’s administration, instead of making issue out of the past

  29. Lolade Nifemi

    Who are you to pass judgment on a fellow human being? And moreover Ngozi okonjo Iweala has never been part of this corrupt entity. Your article is of no use to me, because it’s pointless.

  30. Lolade Nifemi

    The problem with this administration is the eagerness to blame the past. We should rather concerned with what the current dispensation is doing to salvage this country.

  31. Lolade Nifemi

    I believe so much in Ngozi Okonjo Iweala she can never be part of this, because she also go against corruption and she fight against corruption throughout her tenure as a Finance Minister.

  32. Lolade Nifemi

    Mr. Writer, you need to think before taking your pen to write jagoons, You yourself don’t know what you are saying………….You are just beating around the bush and your article is not straight forward

  33. Lolade Nifemi

    I think okonjo iweala’s name is sweet and they find it interesting that’s why they keep mentioning her name in any article that has to do with fund.
    I believe they just need us to show that she is a good leader and she have serve this country with a clean heart.
    For those of us that believe in her, we are very sure that she is not part of what this article is talking about, this article is of no use.

  34. Lolade Nifemi

    All through her tenure, she was against corruption and fought against it as well so how do you say she mismanaged or stole pension funds. What are your proofs?

  35. Lolade Nifemi

    Trying to blackmail an innocent soul is very bad and moreover, you don’t even have evidence to back up your accquisations. Okonjo Iweala has never been part and she will never be part of corruption

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