Tuesday, November 11, 2025
24.5 C
Lagos

PenCom Debunks Allegation of Financial Impropriety Against its DG

Management would like to alert the public to the renewed campaign of outrageous falsehood against the National Pension Commission (PenCom) and its Director-General, Mrs Aisha Dahir-Umar, over some imagined financial impropriety. Although the promoters of this fiction went to the extent of manufacturing documents and listing non-existent bank accounts to make the fabrication look real, a fiction remains a fiction and can never become the truth no matter how many times it is repeated and recycled.

It was alleged that the Director General was paid millions of dollars as estacodes for foreign trips she did not embark upon in 2020. This poor attempt at calumny is exposed by the fact that there was a global lockdown in 2020 because of the COVID-19 pandemic during which international travels were restricted. Offices were shut down and most people had to hold virtual meetings. It is, thus, most outlandish to suggest that any government agency would claim to be paying allowances to its officials for international travels when most airports were shut down globally.

More so, official foreign trips require strict documentation, including air tickets, stamped passport pages and evidence of number of days spent. Rates for estacodes are standardised. If the DG were to spend two years abroad without returning to the country for one day, it would still be impossible for her to claim a million dollars as estacode. The desperate fabricators need to respect the intelligence of Nigerians.

We are aware of current political intrigues in the country caused by the jostling for appointments, but we believe there are more decent ways of going about it than peddling tales by moonlight and using notorious online outlets to push the lies to unsuspecting readers. The public is implored to ignore these fake documents and the discredited allegations being recycled at the slightest opportunity. The Commission has nothing to hide and will continue to run a transparent and accountable system.

Signed

MANAGEMENT

30 July 2023

spot_img
spot_img
spot_img

Hot this week

How MVNOs Can Unlock Opportunities in Nigeria’s Telecom Amid Challenges

 By Elvis Eromosele Phenomenal is one word that has been...

SanlamAllianz Nigeria Wins Africa’s Most Visible Insurance Company Award

L-R: Marketing and Corporate Communications Manager, SanlamAllianz Nigeria, Mr....

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

ICPC Chair, Musa Aliyu, to Deliver Realnews 13th Anniversary Lecture 2025

Dr. Musa Adamu Aliyu (SAN) Chairman ICPC THE Management of Realnews Magazine...

Our Laws Now Stronger, More Effective to Prosecute Parties at Fault in Bank Failure – NDIC Boss

COURTESY VISIT: Managing Director/CE, Nigeria Deposit Insurance Corporation (NDIC),...

Topics

‘Nigeria Must Invest In Human Capital Development’ –AMCON MD

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

The Bloody News from South Africa

When apartheid ended in 1994, the ANC promised to make black South Africans richer (Black Economic Empowerment). The lot of poorer blacks, however, has not improved much. Many are frozen out of the workplace altogether. The unemployment rate among blacks is 28.5%, compared with 5.6% for whites. If those who want work but have given up looking for it are included, the jobless rate is a whopping 41.6% for blacks compared with 7.5% for whites. The Economist, April 27, 2013.

SMILE, First to Launch 4G LTE, VoLTE in Nigeria

Smile Nigeria, acclaimed as the leading second-tier telecom operator...

BMCE Bank of Africa Unveils 2nd African Entrepreneurship Award

The BMCE Group Bank of Africa announces the second...

Sterling HoldCo Grows Assets to N2.5 tn as Shareholders Endorse Expansion Plans

Major shareholders of one of Nigeria’s leading financial conglomerates,...

Is It Wise to Build Your First House in The Village?

Everyone wishes to live in their ideal home. Even...

INEC Presents Cheques to Beneficiaries of Late Police Officers

The Independent National Electoral Commission has presented cheques to...

Olashore’s Lead Advisory Emerges Nigeria’s 1st Strategic Partner to WCF Forum

WCF, the world's biggest communication Forum in Davos, Switzerland,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img