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N2.5bn missing fund allegation false – Military Pensions Board

Ehime Alex by Ehime Alex
March 17, 2021
in Insurance & Pensions
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N2.5bn missing fund allegation false - Military Pensions Board
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The Military Pensions Board has dismissed allegation of a missing N2.5bn fund as reported by some online media, describing it as “outrageous and spurious”.

The board denied the allegation in a statement on Wednesday by its Public Relations Officer, Flt.-Lt. Olayinka Lawal.

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It said, “The board has no link with the names published in the false publication. There are no records of the names listed in the publication at the Military Pensions Board.

“The MPB has chosen to set the records straight and defend itself in the court of public opinion,”

According to the statement, some online and social media had alleged that funds were shared or looted by some top military chiefs.

Lawal urged pensioners and Nigerians to disregard the reports, saying it was a “deliberate falsehood” and that no such amount of money was misappropriated by the MPB in conjunction with some “top military chiefs”.

According to him, the military pension administration is in safe hands.

“Nigerians are encouraged to find out from qualified military pensioners across the country on the promptness of the payment of their entitlements.

“As at today, MPB does not owe any pensioner monthly pensions and will continue to work assiduously to ensure that the standards are maintained,” Lawal added.

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Ehime Alex

Ehime Alex

Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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