• Contact Us
  • About Us
Thursday, September 11, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

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

metro by metro
March 6, 2018
in Economy
0
0
SHARES
0
VIEWS

Okonjo-IwealaThe 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.

Read Also

N149.39tn Debt: Reps Speaker, Abbas, Recants, Says Tinunu Committed To Responsible Borrowing

Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold

Why Nigerians Are Not Feeling Impact Of FG, CBN Reform Policies — Analyst

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.

Tags: CBN GovernorMainaOkonjo-Iweala
Previous Post

Senate summons Aviation Minister, set to declare state of Emergency

Next Post

Forbes names Amazon CEO world’s richest man

Related Posts

Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold
Economy

N149.39tn Debt: Reps Speaker, Abbas, Recants, Says Tinunu Committed To Responsible Borrowing

September 9, 2025
Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold
Economy

Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold

September 8, 2025
Nigeria’s Banking Recapitalization: A ‘Too Big To Fail’ Scenario In The Making?”
Economy

Why Nigerians Are Not Feeling Impact Of FG, CBN Reform Policies — Analyst

September 4, 2025
FG To Start Paying Debt Service As Nigerian Economy Grows By 2.99% In Q1 2024-Edun
Economy

FTS: How Rising Insecurity, Politicking Adding To Economic Reforms Dilemma

September 3, 2025
Next Post

Forbes names Amazon CEO world’s richest man

SAP appoints Nazia Pillay as Managing Director for Southern Africa

September 10, 2025

Africa Re-Union Debuts at FNB Art Joburg: Africa Turns the Map, the Table and the Story

September 9, 2025
‘Strike Continues, No Agreement Reached’: NUPENG Accuses Dangote of Sabotage, Gives Details

‘Strike Continues, No Agreement Reached’: NUPENG Accuses Dangote of Sabotage, Gives Details

September 9, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version