Fidelity bank banner UBA banner
Rumble in Kogi over N4.3bn alleged looted fund

By Boluwaji Obahopo on 26/09/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 436

•Kogi Governor Bello
•Kogi Governor Bello

Kogi State Governmentpenultimate week, stunned the state when it announced that N4.3 billion pension fund was stolen by the two previous administrations before it.

The previous administrations were ran by opposition People’s Democratic Party, PDP led by Ibrahim Idris and Idris Wada respectively.

The development has caused uproar in the state with the dust yet to settle.

The state government claimed it uncovered the N4.3bn pension fraud perpetrated between 2010 and 2015, when the PDP was in power.

Kingsley Fanwo, Director- General, Media, to Governor Bello who spoke on the reports, accused the PDP of creating problems that made the current administration unable to pay salaries.

According to an Audit Report, the fraud stood at over N4.3 billion between 2010 and 2015. The report shows that the syndicate was diverting pension and gratuity funds to private accounts, using names of unintended beneficiaries to the detriment of pensioners in the state.

“On assumption of office, the Executive Governor of the state, Alhaji Yahaya Bello, miffed by the level of unpaid pensions in the state, ordered a comprehensive audit of pension funds in the state. The audit revealed mind-boggling fraud in the pension administration under the two administrations in the state. The Governor has said that those found guilty will be prosecuted."

PDP reacts

The publication did not go down well with the former governors and the PDP, with its state Director, Research and Documentation, Dickson Achadu, who spoke on behalf of the party. He said: “The government’s latest antics is contained in a series of media reports credited to Kingsley Fanwo, Director-General Media and Publicity to Governor Bello, in which he claimed the government had uncovered a N4.3bn pension fraud.

In short, Fanwo laboured in vain to shift the blame of non-payment of gratuities and pension allowances of retirees by his boss, to the former governors. Yahaya Bello’s inability or unwillingness to meet his financial obligations to workers, pensioners and contractors is legendary. Each time the government makes an attempt to explain it away; it comes off worse and more laughable.
“The nine years Alhaji Ibrahim Idris governed Kogi, still remain the golden years in the history of the state. Under him, pension funds were judiciously applied and pensioners were paid their monthly allowances as and when due. His administration also introduced pension reforms that ensured retiring staff were immediately placed on pension starting from the month they retired. In addition, the increased pension benefits through the introduction of relativity, which ensured the least paid pensioner earned a living minimum pension up from the paltry allowance they were being paid."

Labour kicks

However, the United Labour Congress of Nigeria, ULC, has called on the state government to take further step from the published pension fund report and prosecute those involved.

Simeon Opaluwa, Kogi State chairman of ULC, lamented that if the information was found to be true, no one should be let off the hook, saying: “We, the state council of United Labour Congress have condemned in strong terms the criminal act of few individuals who have chosen to defraud and deprive the pensioners of their entitlement.

We urge the state government not to stop at publishing the names of such criminal elements so as to shame them, but the most appropriate sanction should be meted out on them. It is equally our appeal to the state government to source for funds to defray the accumulated pension arrears from 2015 to date.”

•Excerpted from a Vanguard report

 

Source News Express

Posted 26/09/2018 11:31:13 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Lagos: Varsity students on rampage; stone Vice Chancellor,...

Fake healer held over fake pregnancies

Bayelsa NMA pledges affordable, accessible healthcare

NULGE calls on FG to fix Enugu-Onitsha Expressway...

Federal College of Agriculture Ishiagu matriculates 1,000 •Provost...

Ebola: FG orders surveillance at Nigeria's borders

Sule Lamido granted bail, back in court 5...

Expert links bush burning to asthma, cancer, premature...

Nigerian develops ‘Mbele App’ to increase access to...

SNEPCo undertakes turnaround maintenance at Bonga for better...

Messi pulls out of Nigeria-Argentina showdown

Are we all involved in this circle of...

 

Latest News School principal flogs corps member in front of students Those who feel they have another country free to go — Buhari Boko Haram: Chibok girls release secret diaries 2019: My nomination as Atiku’s running mate an act of God — Peter Obi Death toll in Kaduna violence hits 78 Confusion over Nnamdi Kanu’s whereabouts •He is not in Jerusalem, says Israeli Government DSS breaks silence on Nnamdi Kanu’s escape Ekweremadu set to dump PDP for APC Christian lawyers, others allege genocide in Plateau Ogun guber crisis: Amosun accuses Tinubu, Osoba, Oshiomhole of fraud Buhari gives APC marching orders to take over Kwara from Saraki Spokesman kicks as APC releases song entitled ‘Atiku is a thief’

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (409,106 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (383,666 views) Shameless Genevieve Nnaji exposes breasts in public (316,083 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (259,577 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (238,507 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (225,015 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (204,911 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (186,345 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (171,213 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (166,407 views) Lagos plane crash: Journalist releases victims’ names (162,079 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,762 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (70) Business & Economy (3,703) Business Verdict (52) Columnists (949) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (561) Features (660) Global Business Monitor (305) International (2,568) Interview (165) Live Commentary (28) Love Matters (145) News (39,849) Opinion (1,127) Pidgin (13) Politics (7,364) Religion (885) Sports (1,740) Stock Watch (35) AMA & Al Jazeera Global Update

 

NLNG Prize for Literature 2018

Zenith Zero Balance

CBN banner

Firstmobile banner

 

 

 

NEWS EXPRESS TV

LIBYA vs NIGERIA 2-3 Goals Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement