Reps summon Okonjo Iweala, CBN Governor, Maina over alleged stolen pension funds

The House of Representatives ad-hoc committee, Tuesday summoned
former Minister of Finance, Ngozi Okonjo Iweala, Central Bank of
Nigeria governor, Godwin Emefiele and former Accountant-General of
the Federation, Jonah Otunla to appear next week Monday to explain
their involvement in the alleged misappropriation of the pension
funds.

The committee believed in its wisdom that not only the fugitive
Abdulrasheed Maina should be held accountable but all those who
participated in the then Presidential Task Force on Pension Reform.
And it was even alleged that about N2 billion naira was squandered
by the team.

This was predicated on the basic idea that the team was
constituted to track stolen public fund and should be regulated by
the principle of collective responsibility.

The investigation was meant to cover the periods from 2010 to
2013 and activities of the other successor agencies.

Chairman of the committee, Hon. Anayo Nnebe said it would be
unacceptable for the Pension Transitional Arrangement Directorate,
PTAD, to claim that there was no recoveries made in the period
under review and asked them to come with comprehensive reports of
recoveries so far made.

The House of Representatives ad-hoc committee, Tuesday summoned
former Minister of Finance, Ngozi Okonjo Iweala, Central Bank of
Nigeria governor, Godwin Emefiele and former Accountant-General of
the Federation, Jonah Otunla to appear next week Monday to explain
their involvement in the alleged misappropriation of the pension
funds.

The committee believed in its wisdom that not only the fugitive
Abdulrasheed Maina should be held accountable but all those who
participated in the then Presidential Task Force on Pension Reform.
And it was even alleged that about N2 billion naira was squandered
by the team.

This was predicated on the basic idea that the team was
constituted to track stolen public fund and should be regulated by
the principle of collective responsibility.

The investigation was meant to cover the periods from 2010 to
2013 and activities of the other successor agencies.

Chairman of the committee, Hon. Anayo Nnebe said it would be
unacceptable for the Pension Transitional Arrangement Directorate,
PTAD, to claim that there was no recoveries made in the period
under review and asked them to come with comprehensive reports of
recoveries so far made.