Wednesday 20 April 2016

Another one bites the dust: EFCC ARRESTS NELLY MAYSHAK


The EFCC has arrested the Director General of the Pension Transitional Arrangement Directorate (PTAD) Nelly Mayshak who was suspended over her alleged N2.5 billion fraud.
The anti-graft agency also arrested three of her staff who allegedly served as front for her in the award of fictitious contracts, sources told Daily Trust yesterday. Her accomplice staff  are Yoab Youssoufou, Patricia Iyogun and Ruth Imonikhe.
Mayshak was suspended indefinitely in March over allegations of fraud uncovered in the PTAD where is believed to have paid herself a monthly salary of N60million.
The directorate is an independent pension agency established in August 2013 to oversee management of pensions under the Defined Benefit Scheme for pensioners who are not part of a new contributory scheme.
She is alleged to have embezzelled the money gotten from the pension’s account of the Head of the Civil Service (HOSF)  mainly meant for Nigerian Immigrations Service (NIS) Nigeria Customs Service (NCS), and Nigeria Prisons Service (NPS).
She is also said to have embezzled about N500 million meant as take-off grant for PTAD as well as being involved in contracts fraud while she was in office.

Photo courtesy: dailytrust.com.ng
Story culled from dailytrust.com.ng

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