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Govt Official Stashes N2bn Loot In Residence - Politics (2) - Nairaland

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Re: Govt Official Stashes N2bn Loot In Residence by chines4(m): 1:59pm On Feb 03, 2012
who are they
Re: Govt Official Stashes N2bn Loot In Residence by kutchs: 2:49pm On Feb 03, 2012
N2b of pensioners fund in a govt officials home?
Why not make public the names of these evil people.

Corruption will not stop in nigeria unless theres capital punishment for offenders.

Corrupt nigerians always uses "rule of law" to escape prosecution by paying outrageous fees to lawyers & corrupt judges.

Nigerian govt & its legal system encourages people to steal in billions so that with such large amounts one can afford to plead-bargain, bribe judges,politicians & be set free to enjoy d remaining loot



And what will happen if the names are made public? our problem in Nigeria is our penchant for criticism while actualy doing nothing to stop the rot. It is a shame. sad
Re: Govt Official Stashes N2bn Loot In Residence by klas(m): 3:07pm On Feb 03, 2012
Some of them were named in the interim report of the committee last October.


Economic and Financial Crimes Commission (EFCC) operatives have uncovered over N5billion fraud in the Pensions Unit of the Office of the Head of the Civil Service of the Federation.


Of the cash, the EFCC allegedly found N500million and $2million in the account of a Deputy Director (Finance and Accounts), Mrs. Phiana U. Chidi and N12million in the account of a 29-year old clerk, Grace Francis.


Six suspects, including a former director of the unit, are being detained at the commission’s Abuja headquarters.




In custody are a former Director (Pension Administration in the Office of the Head of the Civil Service of the Federation, M.A. Abdallah; Mrs. Chidi; Grace Francis; Haruna Maigida (a.k.a Danjuma Bakowasa); a Confidential Secretary to the former Director (Pension Administration), Luke Eloanyi; and Aliyu Bello, who allegedly recruited people into whose accounts fraud proceeds were paid
.


An interim report indicates the recovery from some of the suspects as follows: Mrs. Chidi (N500m and $2m); Maigida (N21.452,000) domiciled in an account in Birnin Kebbi, Kebbi State and N8m in an Abuja account); Eloanyi (N13m); and Grace Francis (N12m).


The EFCC team, which worked in collaboration with a Pension Verification Team in the Office of the Head of Service, headed by Deputy Director AbdulRasheed Maina, uncovered the N5billion scam.


According to the “Interim Report of the Case of Pension Fraud”, more than N5billion may have been stolen from pension funds in the last one year, allegedly by the suspects and other accomplices yet to be apprehended.


The report reads: “On Saturday, we arrested a Deputy Director (Finance and Accounts) in the Office of the Head of the Civil Service of the Federation, Mrs. Phiana U. Chidi (now on secondment to the Ministry of Transport) at Sheraton Hotel in Abuja at about 8pm.


“By the time we checked her account, we found N500million and another $2million in one account. She is the sole signatory to the account.


“Prior to her arrest, our investigators working in the Pension Verification Committee had discovered ghost pensioners.


“Out of 141,970 pensioners on the payroll of the Federal Government, less than 90,000 were verified and over 34,000 were ghost.


“In one instance, names of 554 pensioners were drawing pensions from one single account. By our investigation, it means one pension is operating the account.


“Also, over 11,000 pensioners, who were on the payroll and had been drawing pensions, do not have identities. The committee does not have information about them.


“The committee is set to recover over N5billion from the accounts of the suspects and other accomplices.”


The Head of Media and Publicity of the EFCC, Mr. Femi Babafemi, said: “It is a matter we are working on with the Office of the Head of the Civil Service of the Federation, but I am yet to have the full details of the findings.”


The new Head of Service, Prof. Oladapo Afolabi, recently said the verification of pensioners had reduced monthly pension bill from N2.3billion to N1.2billion.


“We have secured about 50 per cent reduction in monthly pension bill. At the end of the second phase of the exercise, we may be able to save N600million monthly.”
Re: Govt Official Stashes N2bn Loot In Residence by chines4(m): 3:17pm On Feb 03, 2012
Bros we are talking of more than =N=100B and your referring to 5B
Re: Govt Official Stashes N2bn Loot In Residence by obongoboy: 3:59pm On Feb 03, 2012
From where do we start, nigeria jagajagaqaaaaaaaahhhhhhhhhhh
Re: Govt Official Stashes N2bn Loot In Residence by niddamugu(m): 6:02pm On Feb 03, 2012
Too much money at their disposal that they don't know how else to keep the stolen "treasure". They should go and lodge it the bank now. Foolish people. Forgetting that soon and very soon the angel of death would visit and the money inherited and wasted by another.

Foolish people. angry angry angry angry angry
Re: Govt Official Stashes N2bn Loot In Residence by klas(m): 8:39pm On Feb 03, 2012
chines4:

Bros we are talking of more than =N=100B and your referring to 5B

Read well. People asked for identity of the looters and I referred them to the interim report of the same committee when it just started its work in October which contain the names being asked for. The looters still remain the same only that the extent of their crime was not fully known at the time of interim report. The event being reported in the OP is for the submission of the final report by the same committee.
Re: Govt Official Stashes N2bn Loot In Residence by DisGuy: 3:46pm On Feb 29, 2012
Have they been sentenced yet? or are they still getting sick notes from crooked doctors to adjourn the court case?

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