Bauchi uncovers over N700 million Pension Fraud – PensionNigeria

Bauchi uncovers over N700 million Pension Fraud

Bauchi State Government has discovered that over N700 million was paid to ghost pensioners within one year. This was discovered by a financial consulting firm, DYNATECH Solutions Limited, which Bauchi State Government had contracted to sanitise its payroll and nominal roll.

This was revealed yesterday at the ongoing stakeholders and media parley to profer solution to discrepancies and delay in payment of nominal and payroll workers in Bauchi State. While addressing the government, DYNATECH revealed that the sum of N744,000,000 has been siphoned out of the state treasury.

“Some of these pensioners are not the beneficiaries of the money. There are inexistence accounts of inexistence banks. One of the pensioners was supposed to be paid N34,000 but received over N1,500,000. Another one who was supposed to be paid N50,000 but got over one million. All these accumulated to over N700million.”

Governor Bala Mohammed, while making his remarks said he won’t spare the local government pension officers because they are responsible for these and expressed sadness over the bottleneck being faced by the workers and the senior citizens of the state

Read more about Bauchi State Pension here

error: Content is protected.