Panel submits report on alleged NSITF N6.2b fraud

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Minister of Labour Chris Ngige receives the panel report on NSITF

By Joan Nwagwu/Abuja

The Administrative Panel of Enquiry, which probed the N6.2 billion scam at the Nigeria Social Insurance Trust Fund (NSITF) on Wednesday submitted its report to the Minister of Labour and Employment, Dr Chris Ngige.

Mr Ishaya Awotu, the chairman of the panel said that there were irregular allowances totalling N5.7 billion paid to staff and management.

“These allowances were paid without the approval of the National Salary, Incomes and Wages Commission.’

Some of the allowances were Management Staff Allowance, Staff Education Allowance, DSTV Subscription Allowance, and Dressing Allowance.

The others were generator and motor vehicle fuelling allowance which were not provided for in the Condition of Service of the fund.

He said the panel observed that between 2013 and 2017, the internal Audit Department of the NSITF did not audit the cashbooks of the various bank accounts at the…



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