How 116,238 fictitious pensioners defrauded Nigeria of over N42 billion between 2010 and 2014
- The attorney-general claimed that 116,238 fictitious pensioners defrauded Nigeria of over N42 billion
- He also disclosed that the office of Head of Service, which was used to facilitate the fraud
- Malami noted that 66 separate accounts were used to perpetuate the fraud
Abubakar Malami, Nigeria's Attorney-General of the Federation (AGF) and Minister of Justice, says 116,238 fictitious pensioners defrauded Nigeria of over N42 billion between 2010 and 2014.
Malami said this in a memo he submitted to the Senate Committee on Establishment, probing the secret reinstatement of Abdulrasheed Maina, the former chairman of the presidential task team.
The minister disclosed that the office of Head of Service, which was used to facilitate the fraud, had 66 separate accounts for pensioners, Tribune reports.
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He said by 2014, the office usually presented 258,000 pensioners for payment monthly, whereas the actual figure of pensioners stood at 141,762, with fictitious pensioners totalling 116,238.
He said the syndicate defrauded the government of billions of Naira amounting to over N42 billion in the process.
Going further, he revealed that the pension syndicate had links with the Presidential Villa, nothing that they even plotted to assassinate Maina.
Meanwhile, NAIJ.com had reported that Mr Abdulrasheed Maina, embattled former chairman of the Pension Reform Task Team, demanded for some percentage from the money he helped the federal government recovered.
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He called on the federal government to pay him five per cent of the N1.6 trillion pension fund he and his team recovered for the government.
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Source: Naija.ng