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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