N8m pension fraud uncovered

chika ebuzor

September 23, 2015 6:44 AM

He accused the Head of the pension board from 2010 to 2015, Mr. John Adie of masterminding the fraud.

Cross River State Governor, Prof. Ben Ayade.

The Auditor-General for Local Government in Cross River State, Mr. Anthony Ayine, in a petition to Gov. Ben Ayade accused staff of the Local Government Pension Board of fraud.

Ayine said that he discovered the over N8m fraud while carrying out a routine audit.

He accused the former Director of Local Government Pension Board, from 2010 to 2015, Mr. John Adie of masterminding the fraud.

Ayine said “The gratuity due to the late official was N1.24m but that the board allegedly paid over N7m to the beneficiary of the late official. When we concluded our audit report we discovered a pension fraud of over N8m.

In the course of our investigation, we came across fraudulent payment of gratuity and pension to beneficiary of our late official which in actual sense did not receive such amount. The staff served for 32 years and she died on grade level 10, Step 15.

The gratuity due to this official was supposed to be over N1m but because of manipulation we discovered that the board paid over N7m to the beneficiary of the late official.”

chika ebuzor

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