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PenCom Denies Financial Impropriety Allegations: Calls Reports a ‘Renewed Falsehood and Campaign of Calumny’

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PenCom Denies Financial Impropriety Allegations Calls Reports a Renewed Falsehood webp

The National Pension Commission (PenCom) has strongly denied allegations of financial impropriety against the commission and its Director General, Mrs Aisha Dahir-Umar. The commission dismissed a report that claimed the DG received millions of dollars in estacode for foreign trips during the Covid-19 lockdown. PenCom stated that the report was a “renewed falsehood” and a “fabricated report.” They believe the allegations were made by individuals seeking political appointments and urged them to use more decent means to seek favours. PenCom emphasized that it operates with transparency and accountability in the administration of pension matters in Nigeria.
 

The National Pension Commission, PenCom, categorically denies allegations of financial impropriety made against the commission and its Director General, Mrs Aisha Dahir-Umar, stating that they are false.

In a statement released over the weekend, PenCom expressed its disapproval of a report that contains documents claiming the DG received enormous amounts of money for foreign trips, even during the Covid-19 lockdown.

Accompanying documents were provided as evidence of the DG receiving funds through a specific bank account.

In response, the commission issued a statement referring to the report as a “renewed falsehood and campaign of calumny” and dismissed it as an “unfounded and fabricated report.”

PenCom believes that politically motivated individuals seeking appointments were behind the report and advised them to utilize more honorable methods to achieve their goals in the future.

The commission stated, “we believe there are more decent ways of going about it than peddling tales by moonlight and using notorious online outlets to push the lies to unsuspecting readers.”

“Management would like to alert the public to the renewed campaign of outrageous falsehood against the National Pension Commission, PenCom, and its Director General, Mrs Aisha Dahir-Umar, over some imagined financial impropriety. Although the promoters of this fiction went to the extent of manufacturing documents and listing non-existent bank accounts to make the fabrication look real, a fiction remains a fiction and can never become the truth no matter how many times it is repeated and recycled.

“It was alleged that the Director General was paid millions of dollars as estacodes for foreign trips she did not embark upon in 2020. This poor attempt at calumny is exposed by the fact that there was a global lockdown in 2020 because of the COVID-19 pandemic during which international travels were restricted. Offices were shut down and most people had to hold virtual meetings. It is, thus, most outlandish to suggest that any government agency would claim to be paying allowances to its officials for international travels when most airports were shut down globally.

“More so, official foreign trips require strict documentation, including air tickets, stamped passport pages and evidence of number of days spent. Rates for estacodes are standardized. If the DG were to spend two years abroad without returning to the country for one day, it would still be impossible for her to claim a million dollars as estacode. The desperate fabricators need to respect the intelligence of Nigerians.

“We are aware of current political intrigues in the country caused by the jostling for appointments, but we believe there are more decent ways of going about it than peddling tales by moonlight and using notorious online outlets to push the lies to unsuspecting readers. The public is implored to ignore these fake documents and the discredited allegations being recycled at the slightest opportunity. The Commission has nothing to hide and will continue to run a transparent and accountable system.”

Established by the Pension Reform Act 2004, the National Pension Commission (PenCom) is responsible for regulating, supervising and ensuring the effective administration of pension matters in Nigeria.

 

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