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Pension managers embezzle over one hundred million dollars. Who polices the police?

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><span style&equals;"font-size&colon;large&semi;">It looks like the issue of policing the police is now a global crises&period; In the US&comma; the media is daily inundated with reports of police brutality&comma; corruption&comma; embezzlement of pension funds and official cover ups&period;<&sol;span><&sol;p>&NewLine;<p>The Nigeria police is not to be left out in this global trend as on going case of Police Pension Funds mismanagement reveals&period;<&sol;p>&NewLine;<p><span style&equals;"font-size&colon;small&semi;">prosecution witness<i><&sol;i><&sol;span><br &sol;>&NewLine;<i><&sol;i><br &sol;>&NewLine;<span style&equals;"font-size&colon;large&semi;"><i><span style&equals;"font-size&colon;small&semi;"><span style&equals;"color&colon;black&semi;"><span style&equals;"color&colon;red&semi;">&OpenCurlyDoubleQuote;While reviewing the Drivers License and account mandate card&comma; we discovered the picture of &OpenCurlyDoubleQuote;Mela Lamura” turned out to be Mela Esai Dangaba&comma; Yila Lamura is actually his late son and Milly Lamura is the first accused wife”<&sol;span><&sol;span><&sol;span><&sol;i><&sol;span><&sol;p>&NewLine;<p><img class&equals;"attachment-860x800 size-860x800 wp-post-image" src&equals;"http&colon;&sol;&sol;media&period;premiumtimesng&period;com&sol;wp-content&sol;files&sol;2016&sol;01&sol;EFCC-Operatives-on-CBN-Ibadan-Operation&period;-2&period;jpg&period;pagespeed&period;ce&period;-4u5ZCrzAi&period;jpg" alt&equals;"EFCC Operatives" width&equals;"500" height&equals;"334" &sol;><&sol;p>&NewLine;<p><a name&equals;"more"><&sol;a><&sol;p>&NewLine;<p>Prosecution witnesses before a High Court judge&comma; Hussein Baba Yusuf&comma; in the capital city of Abuja&comma; testified that 9&period;7 billion naira &lpar;&dollar;48&period;73M&rpar; was disbursed without vouchers to a lady&comma;  Veronica Onyegbula&comma; one of the 7 people standing trail for a Police Pension Fund fraud&period; Esai Dangabar&comma; Atiku Abubakar Kigo&comma; Ahmed Inuwa Wada&comma; Mrs&period; Veronica Ulonma Onyegbula&comma; Sani Habila Zira&comma; Uzoma Cyril Attang and Christian Madubuke are standing trail for an estimated 24 billion naira &lpar;&dollar;120&period;56M&rpar; missing from the Police Pension Fund&period;<&sol;p>&NewLine;<p>According to premiumtimes&period;ng the prosecution tendered copies of checks drawn from the account of Esai Dangaba&comma; a draft of FCMB issued to AMSAR International&comma; Fixed deposit slips of N198million for AMD Global Concept&comma; Company papers of Damule Nigeria Limited&comma; future Logistics Technology&comma; Marine Logistics and Leisure Integrated Limited&comma; document of one billion naira worth investment from Skye Bank among others&period;<&sol;p>&NewLine;<p>The witness further testified that the team wrote another local bank&comma; FCMB&comma; to obtain bank statements and instruments used in crediting and debiting the account and other relevant documents of Damule Nigeria limited&period; Correspondence with FCMB revealed that the directors of the company were the wife and two sons of Esai Dangaba&comma; the first accused&comma; using the names Milly Lamura&comma; Yila Lamura&lpar;deceased&rpar; and Mela Lamura&period; Also tendered in evidence was fake Drivers License issued to Mela Lamura&period;<&sol;p>&NewLine;<p>A prosecution witness Mustapha Gadanya&comma; told the court&colon;<span style&equals;"font-size&colon;large&semi;"><span style&equals;"font-size&colon;small&semi;"><span style&equals;"color&colon;black&semi;"> &OpenCurlyDoubleQuote;While reviewing the Drivers License and account mandate card&comma; we discovered the picture of &OpenCurlyDoubleQuote;Mela Lamura” turned out to be Mela Esai Dangaba&comma; Yila Lamura is actually his late son and Milly Lamura is the first accused wife&comma;”<&sol;span><&sol;span><&sol;span><&sol;p>&NewLine;<p>Meanwhile&comma; the witness disclosed that the Federal Road Safety Commission&comma; in response to a request by the EFCC&comma; replied that the drivers’ license used in opening the accounts were not issued by it&period; Expert analysis of Damule account showed a turnover of seven billion naira &lpar;&dollar;38&period;64M&rpar;&comma; between March 18&comma; 2009 to February 24&comma; 2010 with most of the inflow occurring when Mr&period; Dangabar was director of the police pension office&period;<&sol;p>&NewLine;<p>He further disclosed that the account recorded cash deposit of N233 million on April3&comma;2009 in 40 different tranches between N2 to N2&period;5million&period; &OpenCurlyDoubleQuote;We discovered that between April 1&comma; 2009 to 18 February&comma; 2010 over N971m was fixed into deposit account by the defendant in FCMB…&comma; over N983million was transferred to another account of same Damule in Skye bank&comma; ” Mr&period; Gadanya said&period;<i><&sol;i><&sol;p>&NewLine;<p>&&num;8230&semi; Are you tired of reading yet&quest;<br &sol;>&NewLine;<i>This beggers the imagination&comma; considering that these are folks sworn to uphold the law&comma; instead running a ponzi scheme on their colleagues&period; <&sol;i><br &sol;>&NewLine;<i>They know better and hopefully will return the loot and bag lengthy incaceration&period;<&sol;i><&sol;p>&NewLine;

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