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Friday, April 20, 2012

EFCC Traces N1.54b Pension Fund To Dr. Shuaibu, The Former Director Of The Pensions Accounts

THE Economic and Financial Crimes Commission (EFCC), has traced N1,540,000,000 of the allegedly siphoned N4.56 billion pension money from the Head of Service office, to the account of Dr. Shuaibu Sani Teidi, the former Director of the Pensions Accounts at the OHCSF.
In a proof of evidence obtained from the Federal High Court, Abuja, an operative of the EFCC and Team Leader of Pension Fraud Investigation, Aliyu Habibu Adamu swore to how the team traced the said amount to the account of the indicted pension administrator, who is being prosecuted along with 39 others.

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