{"id":8792,"date":"2013-01-28T15:05:29","date_gmt":"2013-01-28T14:05:29","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=8792"},"modified":"2013-01-28T15:05:29","modified_gmt":"2013-01-28T14:05:29","slug":"director-sentenced-to-2years-in-prison-for-embezzling-n23-3-billion-police-pension","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/director-sentenced-to-2years-in-prison-for-embezzling-n23-3-billion-police-pension\/","title":{"rendered":"Director Sentenced To 2years In Prison For Embezzling N23.3 Billion Police Pension"},"content":{"rendered":"<p>An Abuja High Court a moment ago sentenced former Director, Police Pension Board to two years in prison for embezzlement of N23.3bn pension fund; to forfeit N325 million and property.<\/p>\n<p>In 2011, five civil servants, including the director were charged to court following their alleged complicity in the illegal diversion of N32.8 billion from the Nigerian Police pension fund between January 2009 and June 2011.<\/p>\n<p>The Task Force under the leadership of Mr. Rasheed Maina claimed to have recovered over N159 billion in properties and cash from pension fraudsters.<\/p>\n<p>The report of the investigation into the alleged mismanagement of the pension fund by a Senate Committee revealed that from 2005 to 2011 government officials in charge of pension funds in the country stole N237.9 billion pension funds, through a syndicated and institutionalised corruption, fraud and embezzlement in the management of pension funds in the country.<\/p>\n<p>Details Later.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>An Abuja High Court a moment ago sentenced former Director, Police Pension Board to two years in prison for embezzlement of N23.3bn pension fund; to forfeit N325 million and property.&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":8791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-8792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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