- Nigerians involved in pension scam will not go scot-free according to the Economic and Financial Crimes Commission
- According to the anti graft agency, there is a need for the country to have a robust pension system that will benefit all
- Going further, the EFCC revealed that the country has lost billions of naira to criminals who took advantage of the pension scheme
For those who are stealing pension funds, the Economic and Financial Crimes Commission has a message for them.
The anti graft commission has promised to arrest and prosecute them.
In fact, EFCC claimed it had probed and also prosecuted pension frauds involving N157bn from 2016 to 2020, Punch Newspaper reports.
Meanwhile, the commission said that urgent reform was needed to deliver an efficient, effective and sustainable pension administration system in the country.
Do you have a groundbreaking story you would like us to publish? Please reach us through email@example.com!
The EFCC made this known through its director of Operations, Abdulkarim Chukkol during a two-day sensitisation programme on the theme, ‘Eradication of pension fraud in Nigeria’, in Abuja.
He noted that the country had lost several billions of naira in the process, Vanguard Newspaper reports.
EFCC set to file fresh charges against PDP chieftain Olisa Metuh
Meanwhile, Legit.ng had previously reported that a Federal High Court in Abuja fixed Thursday, October 14, for the arraignment of Olisa Metuh, former national publicity secretary of the Peoples Democratic Party (PDP), over an alleged N400 million fraud.
It was reported that the arraignment which was initially scheduled for Tuesday, September 28, was adjourned following the absence of Obiora Egwuatu, the judge.
Metuh would be re-tried over allegations of receiving the sum of 400 million from the former national security adviser in 2014 under the administration of Colonel Sambo Dasuki (retd).
Court stops EFCC from retrying ex-Abia governor Kalu
Also, the Federal High Court sitting in Abuja has barred EFCC from retrying the former governor of Abia state, Orji Uzor Kalu.
Vanguard reports that Kalu, who is the Senate chief whip, is being prosecuted based on the N7.1 billion money laundering charge the anti-graft agency earlier preferred against him.
Legit.ng gathered that Justice Inyang Ekwo gave the order on Wednesday, September 29, in a judgment on an application filed by the former governor seeking an order of court prohibiting the EFCC from retrying him on a charge for which he had already been tried and convicted.