200 fraud cases discovered in Nigeria Pension Board

The Niger State Pension Board may have confiscated over 200 files as part of investigations into fraudulent activities by civil servants in the state, according to reports from the Northern City News, all the files were from local government councils in the state.

A source told our correspondent that not less than N200m was being siphoned on a monthly basis through various schemes by unscrupulous workers in the state.

According to the source, the files belonged to some retired local government workers who had collected their pensions and gratuities from the government.

“These files were being circulated newly by some people in the affected local government areas; they make at least N200m monthly claiming the entitlements of those that have retired,” the source stated.

Our correspondent learnt that the fraud was uncovered when the management of the pension board set up a committee to verify suspicious monthly pension claims by some workers.

It was not known if any of the workers had been arrested in connection with the suspected fraud, but our correspondent gathered that all the files were being kept in the custody of the Director General of the board.

It was also learnt that the external auditors engaged to audit the account of the board had completed their assignment.

The auditors were engaged following an allegation that over N6bn contributory pension funds had been pilfered.

Source: ( Punch Newspaper )