This was revealed just few weeks after the Chairman of the Pension Reform Task Force, Abdulrasheed Maina, disclosed that pension officials within the Office of the Head of Service embezzle over 3 billion naira on monthly bases.
Maina had stressed prior to now that N28bn police pension lay inactive in an identified account at the police pension office.
Dailypost had gathered from an authenticated source that senior officials with the same office were behind this latest fraud.
Investigations revealed that from January 5, 2009 to May 6, 2011 thereabout, the officials drew a total sum of 13, 874 cheques using the name of the Director of Pensions.
“Many of such cheques are raised daily and endorsed by the cashier of one of the old generation banks for over the counter withdrawal.
“The withdrawals were in flagrant violation of the Federal Government e-payment circular which came into effect on January 1, 2009.
“The monies, once drawn, are shared among the officials,” the source revealed.
At the moment, seven of the officials have been arrested by the EFCC for the fraud however, our correspondents have gathered that five of them were signatories to the account.
Even though the actual names of the fraudsters cannot be ascertained at press time, it was gathered that three directors and a serving permanent secretary of a ministry are the brains behind the fraud.
“Others are top officials of the accounts department of the office. They were picked up in different locations but have been admitted to administrative bail. The commission is however still on the trail of others fingered in the fraud.”
The spokesman of the EFCC, Wilson Uwujaren, confirmed thus, “Yes, we have made some arrests and the money involved is N14bn. We are charging them to court soon and more details will be made known to the public.”
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