Reps To Investigate Okonjo-Iweala's Refusal To Remit N29b Police Pension Fund


The House of Representatives Committee on Pensions is set to probe Mrs Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy over her sitting on about N29 billion and refusal to remit the  said amount meant for the payment of Police pensioners.,

This was disclosed by Hon Ibrahim Bawa Kamba, Chairman of the committee who alleged that the minister has refused to honour several invitations to her by the committee on the subject, but added that the committee would summon her again when they resumed from their break next week and would use appropriate laws to compel her to attend if she fails to honour earlier invitation.

According to Kamba, “It is true that the money have not been released because when there were problems with the police pension, they had about N29 billion in the pension account then but she refused to hand over to the director who is in charge of pension, she moved the funds to her office, she is the one handling it and making payments to police pensioners.

“Most times, majority of them could not access their pension and gratuity until their deaths. We summoned her and Abdulrasheed Maina but she refused to release the fund to the police pension office to make payments. This has resulted in the death of many police pensioners leaving their defendants in penury and their children cannot continue with education.

“We received several petitions from such widows and orphans in our committee and she is supposed to release the funds to police pension office to enable them be paid.

“We have written to her many times and summoned her but she refused to reply. We wrote her three letters no reply. When we resume from the recess we will re-invite her again to appear before us and if she fails to come we will not hesitate to invoke relevant provisions of the laws to compel her appearance”, the chairman added.