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Read why FG plans to go after banks

– The Federal Government on Thursday, February 11 announced their plans to go after banks to recover monies paid to 23,000 ghost workers registered on the Integrated Personnel and Payroll Information System (IPPIS)

– Kemi Adeosun, the Minister of Finance said that the payment of these 23,00 will be suspended for a month to allow proper investigation in order not to punish innocent people

– Sen. John Eno, the Chairman of the Committee in his remarks commended the ministry and charged them to ensure full investigation and sanction for all found guilty

Kemi Adeosun, Nigeria’s finance minister

The Federal Government on Thursday, February 11 announced their plans to go after banks to recover monies paid to 23,000 ghost workers registered on the Integrated Personnel and Payroll Information System (IPPIS).

This was disclosed by Kemi Adeosun, the Minister of Finance while briefing the Senate committee at the 2016 budget defense.

She said that the payment of these 23,00 will be suspended for a month to allow proper investigation in order not to punish innocent people.

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She also added that anyone found guilty will be asked to refund the money from the beginning of payroll.

Adeosun said that discovery of the ghost workers was due to the registration of over 320,000 personnel on the IPPIS platform using their BVN numbers.

“What the IPPIS-BVN registration has shown us has been a real revelation, we have identified that there are people who appear on our payroll multiple times. BVN links all the accounts of that person, so we are seeing in our payroll, 20 names to one BVN number.

“We have had a meeting on how we are going to clean them off, the process will be that we will suspend that person from the payroll pending the investigation.

“We will try as much as possible to conclude that investigation within 30 days so that we do not suffer innocent people, but we really need to clean our payroll.

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“We have about 23,000 that we need to investigate: those whom either the BVN is linked to multiple payment or the name on the BVN account is not consistent with the name on our own payroll.

“Not only will we remove those people from our payroll, but we will also be going after the banks involved to collect our money,” she said.

The minister added that the MDA’s guilty of this offence will be handed to the relevant agencies for further investigations.

The minister explained that in five years, the IPPIS was only able to register 295 workers but with the BVN registration, the ministry planned to register all workers by June end.

She added that the removal of all fake workers will greatly reduce the personnel burden on the Federal Government, hence the reduction of personnel cost in 2016 by about N100 billion.

“We are very confident with our programme that we will now be able to get every federally paid civil servant onto IPPIS by June, we are aggressively chasing after June,” she said.

Sen. John Eno, the Chairman of the Committee in his remarks commended the ministry and charged them to ensure full investigation and sanction for all found guilty.

The post Read why FG plans to go after banks appeared first on Nigeria News today & Breaking news | Read on NAIJ.COM.

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