Fidelity bank banner Bayelsa State banner
Kogi recovers part of diverted N230 million pension funds

By News Express on 15/09/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,054


The Kogi State Government says it has recovered 25 million Naira ($82,236) out of the 230 million Naira ($757,000) pension funds diverted into private pockets by some individuals in the pension office.

The government said another 12.7 million Naira from the College of Education Technical in Kabba has been traced and recovered from the Albarka Cooperative Society.
The Local Government Auditor General in the state, Mr Ahmed Ododo, hinted Channels Television about the recovered monies in an exclusive interview.
He reiterated the state government’s commitment to retrieving every fund stolen from the state’s pause.
Kogi State has raised alarm over the high rate of diversion of public funds, saying it was one of the reasons it had over-bloated wage bill.
Since January 27 that the present administration came into power, it has promised to recover all stolen funds.
The 230 million Naira was money meant for the payment of state pensioners. The government is also making efforts to recover close to a billion Naira money meant to pay staff salaries and upgrade the structures at the College of Education Technical in Kabba.
While lamenting the fraud that has eaten deep into the state civil service, he stressed that if not corrected, no meaningful progress would be achieved by the state government.
Giving more revelation on how the sum of 1.415 million Naira pension fund was trailed to a Microfinance Bank account, he said five suspects have been arrested in connection to the fraud.
The state government further assured citizens that it would recover every kobo and prosecute the culprits. (Channels TV)
Photo shows Kogi Governor Yahaya Bello.

Source News Express

Posted 15/09/2016 9:06:46 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Uduaghan, Oritsejafor predict brighter future for Delta State...

Corruption Trial: Judge refuses to hands-off Metuh’s case...

Barr. West condemns automatic ticket for PDP governors,...

Bandits launch fresh attack on Birnin-Gwari, kill more...

Police Special Squad arrests 7 cultists in Anambra...

Why I imported seized helicopters and why we...

Legislative oversight as a gold mine for Nigerian...

Fuel crisis: Senate apologises to Nigerians, vows to...

Lagos builds largest rice mill in Sub Saharan...

DSS fails to produce Ifeanyi Ubah in Court...

Anambra church massacre: Repent or perish, Bishop tells...

Lagos, Kaduna, Edo lead in foreign debts

 

Latest News Kaduna recruits PhD holder as primary school teacher 2019: Okowa, Wike, Udom screened, cleared •Okowa predicts victory for PDP candidates Abia 2019: PDP clears Ikpeazu, hails sterling performance Vote buying: Police arrests 2 PDP agents with cash Osun Guber: Omisore cries foul, Aregbesola praises INEC Randy Catholic Bishop denied bail FRSC releases recruitment screening time-table 5th term: Banjo tasks Tinubu, Oshiomhole, others Looking for a job? Be careful about what you post on social media Buhari leaves for UNGA73 tomorrow China summons US Ambassador over military sanctions Skye: AMCON pumps N786bn into new Polaris Bank

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (395,731 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,383 views) Shameless Genevieve Nnaji exposes breasts in public (308,054 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,342 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (232,010 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,505 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (199,791 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,440 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,483 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,260 views) Lagos plane crash: Journalist releases victims’ names (158,007 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,778 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (63) Business & Economy (3,619) Business Verdict (52) Columnists (933) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (652) Global Business Monitor (301) International (2,423) Interview (165) Live Commentary (28) Love Matters (144) News (39,054) Opinion (1,110) Pidgin (11) Politics (6,688) Religion (871) Sports (1,699) Stock Watch (34) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

I am Imo State's New Governor -- Okorocha's son-in-law Uche Nwosu...

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement