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How Former President Collected N5 Billion Monthly From The Pension Fund - Politics - Nairaland

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How Former President Collected N5 Billion Monthly From The Pension Fund by FRESHGIST247: 5:42am On Nov 18, 2017
The Attorney General of the Federation and Minister of Justice, Abubakar Malami may have succeeded in convincing the Senate ad-hoc committee probing the return and reinstatement of fugitive former Chairman of Pension Reform Task Team, Abdulrasheed Maina about the good intentions of his involvement in the saga following shocking revelations he made before the panel, which has been sitting in camera for obvious reasons.

The Senate had on October 24 mandated its committees on Establishment, Interior, Anti-corruption and Judiciary to investigate how the ex-pension boss was reinstated and promoted at the Ministry of Interior. The Senate panel is conducting its probe in camera with a promise to brief the media at the end of its investigation.

Multiple sources within the panel however told Saturday Sun that Malami has confessed that indeed Maina approached him for a meeting when he was in Abu Dhabi as part of the entourage of President Muhammadu Buhari’s official visit to the United Arab Emirates (UAE) in January last year but before granting him audience, he sought security clearance from the Director General of the Department of State Security, DSS, Lawal Musa Daura who gave him the nod on the condition that the Minister must attend the meeting along with a witness.

The President was also accompanied on that trip by the National Security Adviser, NSA, Babagana Monguno; Ministers of Finance, Kemi Adeosun; Foreign Affairs, Geoffrey Onyeama; Trade and Investment, Okechukwu Enelamah; Environment, Aisha Mohammed, now deputy Secretary General at the UN; State Minister Petroleum, Ibe Kachukwu and that of Works, Power and Housing, Babatunde Raji Fashola.

According to one of the Senators, “the AGF Malami was, to me, very blunt and sincere but because of the sensitive nature of the revelations he made, we could not allow him say those things raw in the full glare of camera and pressmen. For instance, he told us how Maina exposed a former President who was taking N5 billion monthly from the pension fund during their meeting in Abu Dhabi.”

A further investigation of this claim from another member of the committee revealed more information. It was learnt that at the Abu Dhabi meeting, Maina, who was bitter about the way he was treated by the administration of former President Goodluck Jonathan, decided to spill the beans on some of the dirty deals carried over into Buhari government by officials of the previous administration.

“We were told how Maina gave information about loopholes through which a former President was collecting N5 billion monthly from the pension fund while other officials were equally busy taking away billions every month. We were also told how at the peak of the bazaar, Maina was invited to the presidential villa and in the night when he was leaving the villa, his vehicle was sprayed with bullets with a view to kill him and block any trace of the stolen billions but he was able to survive that because he drove a bullet proof car on the fateful day.
http://regulusnews.com/2017/11/18/maina-mess-former-president-was-taking-n5-billion-monthly-from-the-pension-fund/

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Nobody: 5:45am On Nov 18, 2017
Jesus they wan ruin Nigeria

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by nero2face: 5:45am On Nov 18, 2017
What a country, what a scam, APC now trying to fool us all again, they reinstated a man accused of corruption and when criticised, they now try to push it back to Jonathan, this APC can only fool some few people just for some time, they can't fool all of us all de time, a party that can spend a billion just to cover up for a million... God is watching u guys on 3D

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by magoo10(m): 5:50am On Nov 18, 2017
Virtually all the key officials in this government were aware of mainas reinstatement and all amoluments accorded him so why the deceit that he is being looked for and all the abracadabra from robotic efcc.
Now they are trying to twist the story so that the issue can be perpetually buried as usual.

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Samsimple(m): 5:52am On Nov 18, 2017
5 billion ke is this a joke.. Stop posting wrong information on nairaland- lalasticlala

4 Likes

Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Bari22: 5:53am On Nov 18, 2017
He can do more than that
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Grundig: 5:56am On Nov 18, 2017
Im not a gej supporter but this is pure cack. unadulterated lies from the lake of abyss.

These guys take Nigerians for a ride.

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Nbote(m): 6:01am On Nov 18, 2017
Haahahaha... Abeggi Uncles tell us anoda story jor. We know u ppl have swept Maina's issue under d carpet with ur brooms but telling us cock and bull story is a waste of tym. How can a govt who claims to b fighting govt b secretive about someone who seems to have all d evidence to nail d ppl d govt is afta? Why deny reinstating him or even knowing him in d first place? Why LIES dey fly left right and centre with dis govt

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by greatiyk4u(m): 6:05am On Nov 18, 2017
Truth will surely prevail
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by juman(m): 6:06am On Nov 18, 2017
The lying liars apc people.

They have nothing tangible to offer nigerians except lies upon lies.

Useless government.
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by seunmsg(m): 6:06am On Nov 18, 2017
Not a good reason to secretly return Maina illegally back to the federal civil service. If Maina has good evidence of corruption against any past or serving government official, he should be encouraged to turn them over to the relevant anti corruption agency and then told to stand trial for the corruption allegations against him. If the court finds him not guilty, a return to the federal civil service can then be considered.

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by FarahAideed: 6:39am On Nov 18, 2017
If any former president is taking 5 billion from the pension fund monthly then that person is no other than Olusegun Obansanjo ..I have always suspected him of getting kickbacks from PENCOM

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by seunmsg(m): 6:44am On Nov 18, 2017
FarahAideed:
If any former president is takling 5 billion from the pension fund monthly the that perraon is no other than Olusegun Obansanjo

The pension scam occurred under Jonathan. You don't need any Oracle or herbalist to know that Jonathan is the former president that Maina want to expose.

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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by sdindan: 6:44am On Nov 18, 2017
And u kept quiet all along cheesy

Maybe it's Shagari that's taking the 5b every month, coz if it's Jonathan, hmmm u would have said it since.
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Nutase: 6:48am On Nov 18, 2017
These guys are liars. They are trying to justify their stupidity. If these allegations are true bring him back to implicate the former president den let him also tell us how much he stole too.
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by ivandragon: 6:52am On Nov 18, 2017
lol...


so this is the new twist they want to add to this drama?


mention the former president.

is it the one that appointed you to check the illegal activities & provided you with adequate security when your life was threatened?

or


is it the one that died in a Saudi hospital while the wife ruled Nigeria?


or



is it the one that keeps pontificating & pointing fingers at others while he was (& still is) the COMMANDER IN THIEF?


also, it is interesting that Mailari had the meeting while on the president's entourage, there is no way he won't have sort permission to meet maina without pmb's knowledge...
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Idokojimmy: 6:52am On Nov 18, 2017
seunmsg:


The pension scam occurred under Jonathan. You don't need any Oracle or herbalist to know that Jonathan is the former president that Maina want to expose.


Jonathan set up that panel to stop the pension scam. U can't investigate yourself.

But I feel Maina was doing well though. He needed supervision and strict guidance that's all.

Maybe Jonathan appointed Maina to stop OBJ when they were fighting.

Why was the hearing not done publicly

1 Like

Re: How Former President Collected N5 Billion Monthly From The Pension Fund by FarahAideed: 6:52am On Nov 18, 2017
seunmsg:


The pension scam occurred under Jonathan. You don't need any Oracle or herbalist to know that Jonathan is the former president that Maina want to expose.
I can bet that they were refering to OBJ , the pension sacm has been on since the day PENCOM was founded ...Besides if it was Jonathan this govt could have used it to their advantage since ..Mark my words Its definitely OBJ .
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by bayocanny: 7:13am On Nov 18, 2017
I get infuriated whenever I see the AGF in the news..he's fantastically corrupt
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by NigerDeltan(m): 7:32am On Nov 18, 2017
He was given the mandate to probe but he went ahead to steal more

Same way Elumelu of the famous power probe enriched himself from the process

Honestly there is no patriotic Nigerian available anywhere

1 Like

Re: How Former President Collected N5 Billion Monthly From The Pension Fund by jacyhelen(f): 7:41am On Nov 18, 2017
5 billion everywhere cos jonatan was the only preisdent of Nigeria...Keep lieing
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by jacyhelen(f): 7:44am On Nov 18, 2017
5 billion everymonth cos jonatan was the only preisdent of Nigeria...Keep lieing

1 Like

Re: How Former President Collected N5 Billion Monthly From The Pension Fund by aolawale025: 8:00am On Nov 18, 2017
Since they have nothing to day, they are trying to blame it on the previous government as usual
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by rozay12345: 9:01am On Nov 18, 2017
5 billion Naira monthly, this country is a joke, i still wonder what corruption scandal would bring this country down, the brazen amount of money being stolen is enough to reduce carnage on our roads and educate our people, if this is true, Nigeria needs a new set of leaders. When history is being taught, Nigeria leaders till the present day failed their people.
Re: How Former President Collected N5 Billion Monthly From The Pension Fund by internetpo(m): 9:17am On Nov 18, 2017
Chai! APC! APC. APC. How many times did I call you.

What sort of lie and twisting are you guys involve din. Now you have to rope a former president and twist the narrative so that all blames will now point to the former president (GEJ I suppose). I just hope ppl will not buy into this lies.


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Re: How Former President Collected N5 Billion Monthly From The Pension Fund by Nkemtreasure: 9:22am On Nov 18, 2017
Going through all the comments above, I'm convinced that Nigerians no longer believe the cheap lies of this government. Guess they need to leave the job for Lai Mohammed to do the job he was employed to do since none of the other ministers has been able to do it on his behalf

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