Economy & Finance, Government Policies & Politics

Adeosun Suspends PTAD Boss Over “Alleged Scam”


, Mrs. Kemi Adeosun has placed the Executive Secretary/Director-General, Pension Transitional Arrangement Directorate, Mrs. Nellie Mayshak, on suspension and appointed a director in the office of the Accountant-General of the Federation as the acting executive secretary/director-general of the directorate.

While there were allegations that the suspension was as a result of scam running into billions of naira, a statement signed by the Director, Corporate Services, PTAD, Atiku Saleh, stated that the details on issues relating to the suspension had yet to be made available by the government.

“The PTAD wishes to assure pensioners that this development will not affect pension payments and services,” he stated.

In 2013, the commissioned the PTAD to manage the of its retirees under the Defined Benefits Scheme and appointed Mayshack as the head of the office.

Retirees under the DBS have continued to lament the non-payment of their entitlements.

Some of the problems confronting the retirees include non-payment of gratuity and , non-payment of arrears, and omission and arbitrary delisting of their names from the .





Source: Punch

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