This comes less than two weeks after the Chairman of the Pension Reform Task Force, Abdulrasheed Maina, publicly said corrupt pension officials in the pensions department within the Office of the Head of Service were embezzling over N3.3bn monthly.
Maina particularly said a N28bn police pension fund was found dormant in one account at the police pension office.
Our correspondent gathered from a highly-placed source within the EFCC that this latest fraud was perpetrated by senior officials of the office.
Investigations showed that between January 5, 2009 and May 6, 2011, the officials used the name of the Director of Pensions to draw a total of 13, 874 cheques.
“Hundreds 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.
http://news2.onlinenigeria.com/news/top-stories/141051-efcc-uncovers-fresh-n14bn-fraud-in-the-pensions-office-of-the-nigeria-police-force.html
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