NSITF reacts to outrage over termites,distruction of vouchers

The Nigeria Social Insurance Trust Fund (NSITF) has said the 2018 report by the Auditor-General of the Federation doesn't have anything to do with the ongoing administration.

 

Head supervisor, Corporate Affairs, Ijeoma Okoronkwo responded to the indignation regarding the obliteration of evidence of N17.158billion use.

A Senate council led by Senator Mathew Urhoghide (PDP Edo South) had scrutinized the current and past initiative over monies moved among January and December 2013.

The officeholder NSITF overseeing chief, Michael Akabogu let the administrators know that the vouchers couldn't be created.

He made sense of that the holder they were kept by the past administration "has not exclusively been beaten by downpours throughout the years however even conceivably being eaten up by termites."I told the previous administration officials the requirement for them to assist us out in noting this question with essential records which have not been made accessible for us."

NSITF MD from 2010 to 2016, Umar Munir Abubakar said he was unable to give replies as the review was not done during his residency.

His replacement Adebayo Somefun (May 2017 to July 2020) expressed those in the record segment ought to have the option to follow the archives.

In a proclamation, Okoronkwo informed the public that the assets being scrutinized are total monetary infringement somewhere in the range of 2012 and 2017 .

"These infractions are not new. They have truth be told been the subject of tests since the Office of the Auditor General of the Federation originally brought the warning up in 2015.

"The negative paths of these breaks don't have anything to do with the current administration past helping the Senate Committee to complete its oversight capabilities," he said.

Okoronkwo said the EFCC took the previous NSITF board administrator and five other senior authorities, including the Managing Director and three Directors, to court over a portion of the issues.

The representative added that immense amounts of cash, as well as property had been recuperated, while prosecuted staff individuals were sacked.

Okoronkwo said after the Senate started the ongoing test, Akabogu set up an inner board of trustees to recover exchanges' subtleties in First Bank and Skye Bank.

The authority said the reports were submitted to the Senate and when they required the vouchers showing the exchanges, Akabogu mentioned that the previous MD be welcome to give further responses.

The NSITF proclamation repeated that the ongoing administration was not possessing the vouchers.

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