Thursday, March 29, 2012

Permanent secretary arrested for N14 Billion pension fraud

A Permanent Secretary in the ministry of Niger Delta, Abubakar Kigo and 5 others were arraigned this morning over their involvement in a fraud in which an estimated N14bn was stolen from Nigeria's police pensions administration.

The accused persons were brought to court by the EFCC in whose custody they had been and arraigned before Justice Mohammed Hamza Bello. All accused persons pleaded not guilty to the 16-count charge leveled against them.

Until his promotion to the position of permanent secretary, Abubakar Kigo was the director of the Police Pension Office and it was during his stint there that he allegedly connived with the others to tamper with the pension funds.

The scam had involved the use of over 3,000 bank cheques to make illegal withdrawals by staff of the police pension office.

Daily Trust

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