Home News EFCC Discovers £6m Pension Cash In UK Bank

EFCC Discovers £6m Pension Cash In UK Bank

Former Chairman of the Presidential Task Force on Pension Reforms, Abdulrasheed Maina

The Anti-graft agency, Economic and Financial Crimes Commission (EFCC) have found about £6m pension funds in a United Kingdom bank account.

According to reports, the account is being managed by the Office of the Head of the Civil Service of the Federation (OHCSF).

It was also gathered that wanted former chairman of the Presidential Task Force Team on Pension Reforms, Abdulrasheed Maina, is one of the signatories to the UK bank account.

EFCC action

The EFCC had already sealed off properties in Abuja and Kaduna allegedly belonging to him, even though Maina’s family said he inherited those properties from his father long before he joined the civil service.

“The EFCC has done enough in unraveling pension fraud syndicate in OHCSF, Presidential Pension Reform Task Committee, Police Pension funds and the Nigeria Union of Pensioners (NUP) check-off dues among others,” a source told The Nation newspaper.

“It is certainly a huge racket by civil servants some of whom are still in the system. For instance, our team uncovered £6m pension funds in an account in the UK. The money was for the payment of the pensions of some British colonial officers who served in Nigeria.