Read contents of ex-pension boss letter to Saraki

The letter, which was dated June 19, 2015, narrates how stolen pension funds were recovered; 46 persons were handed over to EFCC and how the Senate Committee on Establishment and Public Service, State and Local Government Administration frustrated the efforts of the Pension Reform Task Team.

The letter reads: “We, members of Pension Reform Task Team (PRTT), wish to use this medium to apologise for our little late response to reaching back to you.

“We had to put the issues together and source for appurtenant materials. We appreciate your understanding sir.

“As a refresher, the PRTT was inaugurated on 10th June, 2010 by the immediate past administration of Dr. GCFR, with a clear mandate to restructure the Head of Service Pension Office, Police Pension Office, among others.

“We did our utmost with precision and national interests as our guiding principles

“The PRTT took off effectively by January 2011.

“We used financial intelligence skills to achieve ground-breaking achievements in our assignment.

“We recovered and saved cash and properties worth over N1.6 trillion.

“Our efforts led to the arrest and prosecution of 46 persons/firms involved in looting of pension funds which we handed to the EFCC. The trials are still ongoing.

“As it is, there is a leakage of N256 billion monthly from the current IPPIS, which needs to be blocked urgently.

“We are also aware of some government hidden accounts which needs to be mopped up.

“We can be used to engage any department of government in sanitising the financial workflow to avoid loose ends that remain susceptible to leakages.

“Based on the revelations of massive/monumental fraud and outright stealing of pension funds, which was brought to public attention by the PRTT, the 7th National Assembly by resolution dated 2nd November, 2011 mandated its Committee on Establishment and Public Service, State and Local Government Administration, to conduct a comprehensive investigation into the management and administration of pension funds in Nigeria.

ALSO READ:Abdulrasheed Maina writes Saraki, Senate

“There was general expectation that the various dimensions of irregularities associated with the management of pension funds in Nigeria would come to an end as a consequence of the investigations being conducted by the Senate Joint Committee.

“We became objects of corruption fighting us back. From our first appearance before the Senate committee, it was obvious that the entire exercise conducted by the Committee was geared towards discrediting the PRTT.

“Some pensioners got backlog of about 30 years paid into their accounts. All payments were ordered under the signature of the Head of Service monthly.

“However, the PRTT regrets to observe that rather than achieving the objectives of the spirit and its mandate, which in our view includes but not limited to identifying those responsible for the culture of fraud that characterised the system and bringing them to book, the Senate Joint Committee ended up creating more problems than solutions to the endemic corruption and fraud prevailing in the system.

“In this context, the PRTT, wishes to state without any fear of contradiction that the Senate Joint Committee’s Report submitted, which was subsequently adopted by the 7th Senate but now quashed by the Federal High Court judgement of the 13th March 2013 in favour of the PRTT’s Chairman, not only failed to address the issues at stake but succeeded in misleading the Senate and the generality of Nigerians about the true picture, nature and scope of problems militating against the efficient management and administration of Pension Funds in Nigeria. Copy of said judgement attached and marked “ANNEXURE1”.”

“Today, it (pension) is worse with the Police pension office where daily so much millions are taken out of pension funds in that office. We have evidence to substantiate this,” he added.

“As we write to you, Abdulrasheed A. Maina has been dismissed from Civil Service for being absent for three days while his life was under threat following gunshot attack on his person in front of Head of Civil Service Office where his office was located in February, 2013. Attached are copies of letters from Nigeria Police Force. “ANNEXURE 3 (a) and (b)”.

“The Task Team and its leadership were not only denied the opportunity for a fair hearing before being pronounced guilty of all manner of allegations, but even where the Task Team appeared before the Committee, salient facts related to the issues at stake were deliberately ignored.

"The appeal for fair hearing from the 7th Senate was ignored. As a result, the PRTT approached the Federal High Court Abuja in suit number: FH/ABJ/CS/65/2013. The court ruled in PRTT favour on 13th March, 2013 and till date, the Senate had yet to appeal the judgment of the court.

“We are by this letter appealing to the Federal Government in the spirit of CHANGE which the country is witnessing, and the stand of government on corruption, that opportunity be given to us to present the truth about pension management in Nigeria.”

Maina's Woes

Following a public uproar against his alleged reinstatement as a director in the Ministry of Interior while he was still wanted by the Economic and Financial Crimes Commission (EFCC) over alleged embezzlement of N2 billion pension funds, Maina claimed in the letter that his task team, which began operation in January 2011, saved about N1.6 trillion from pension thieves.