N700m Pension Fraud Uncovered In Imo State

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The Imo State Government has revealed that it uncovered a massive fraud within the State Pension Board, which had been ongoing for a number of years by high level officials in the Board along with some other retired civil servants.

The Chief of Staff, Government House, Owerri, Chief Uche Nwosu, made this disclosure known, in an interview with Daily Sun.

Nwosu explained that the discovery of the fraud was brought to light following investigations by an audit panel set up by the state government.

He added that those found guilty in connection with the fraud were being removed including the head of the Board.

The Chief of Staff also stated that the fund resulted from the accumulated pension of N1.3 billion in contrast to the authentic pension of N600 million which is an increase of above 100 per cent.



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