Pension Scam: Senate Indicts EFCC Over Mishandling of Seized Properties From Maina

Posted by African Examiner Featured, Latest Headlines, News Thursday, November 23rd, 2017

ABUJA, NIGERIA (AFRICAN EXAMINER) – The Senate ad-hoc committee set up to investigate the recent controversial reinstatement of former Chairman of the Presidential Task Force on Pension Reforms, Mr. Abdul-Rasheed Maina, has indicted the Economic and Financial Crimes Commission EFCC over alleged misconduct.

Against this background, the Senate at its plenary Thursday directed the special committee to probe into the whereabouts of the 222 properties seized from the alleged fugitive and kept in the custody of the anti-graft body.

The new mandate followed a motion moved by the Committee Chairman, Senator Emmanuel Paulker, who also asked for more time to carry out the new assignment.

Senator Paulker noted that the Presidential Task Force on Pension Reforms as headed by Maina, in the course of discharging its mandate, recovered about 222 houses, hotels, investment portfolios and properties from pension fund suspects in Abuja and other major cities across the country.

He also informed before Mr. Maina left the pension reform task team, he recovered assets from alleged pension looters, working with the EFCC, ICPC, DSS, police and paramilitary agencies who executed the recoveries and thereafter, the EFCC took over custody of the recovered assets.

“The Senate is alarmed that the total recovered assets from alleged pension thieves are reported to be allegedly shared by some interest groups.

“The Senate further notes that this revelation emerged during the current investigation by the adhoc committee on the reinstatement of Maina and the committee equally received a petition on the recovered properties by the task force” the ad hoc Committee Chairman stated.