The position of the Lawyers was contained in a a statement by its President, Joy Nzube-Uzoeghelu, on Tuesday
Browsing: Chinelo Anohu-Amazu
Operatives of the DSS have been at the office of the pension coordinating body since President Muhammad Buhari announced a change in its leadership
The dispute was fanned by a circular issued by PenCom in November last year directing life insurers to transfer custody of their annuity assets to PFCs and inform the commission accordingly
“We are in control and taking the data of employers who deduct from their employers but do not remit; as well as employers and employees who refuse to contribute to the retirement savings accounts with the PFAs
The PENCOM chief recalled that her journey to the pension industry started 13 years ago, while working with the Bureau of Public Enterprises
The source said the bank, headed by the affected MD, was fingered as one of the channels used for the salary fraud, which is currently being investigated
The director general said sustainable pension systems in Africa were reflective of the emerging consensus of the continent on the need to institutionalise a robust pension system
The Minister further disclosed that this payment was done after due reconciliations between the officials of the FCT Administration and the National Pension Commission