Kogi uncovers N4.3bn pension fraud

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Kogi State Government has uncovered a N4.3 billion pension fraud perpetrated under the successive administrations of former Governors of the State, Alhaji Ibrahim Idris and Captain Idris Wada between 2010 – 2015.

Speaking to journalist, Director General, Media and Publicity to the state governor, Mr. Kingdsley Famwo said, “His Excellency, Alhaji Yahaya Bello, has expressed disappointment over the unfortunate diversion of pension funds during the last two administrations in the State. He has found it very hard to understand how people put in authority could punish the senior citizens of our dear state by diverting monies meant for their pensions and gratuities into private pockets. “To this end, the governor has directed the publication of the full reports, promising that anyone found culpable will be prosecuted to explain their heinous crimes against innocent pensioners in the state.

“The present administration in the state is fighting corruption. To move forward, we must clean up our corrupt past and redeem whatever we can to instill discipline in the system and confidence in our people’s minds. We will never condone acts of corruption. “We have been repaying bonds that were either stolen or misapplied. We are repaying loans that were taken and stolen outrightly by the previous administrations. These are the things affecting our liquidity as a state”.

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