Breaking News
Translate

Reps to probe alleged N2.3bn fraud in NSITF

Kindly Share This Story:
(Just in)N2.3B Fraud: Reps Probe NSITF

By Tordue Salem

The House of Representatives has set up an inquiry into allegations that the management of the Nigeria Social Insurance Trust Fund(NSITF) pilfered N2.3billion of workers’ funds.
The motion to probe the agency was sponsored by Rep. Francis Ejiroghene Waive.
In moving his motion, Rep. Waive acknowledged that VANGUARD newspapers had broken the story of the alleged theft of the fund on November 24, 2019.

READ ALSO: Bill to separate AGF’s office from Justice Minister’s passes 2nd reading in House of Reps

He called on the House to investigate the allegation, which according to him, he “believed to have been carried out without the authorization of the Board of the Fund or approval of the Federal Ministry of Labour and Employment as the transaction which exceeded the spending threshold of the Management”.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!