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18 Mar 2016

Finance Minister Suspends Pension DG, 3 Others Over Mismanagement Of Funds

The Federal Ministry of Finance, has confirmed the indefinite suspension of Mrs Nellie Mayshak, the Director-General, Pension Transitional Arrangement Directorate (PTAD), and three other senior staff of the directorate.

This was made known in a statement signed by the Special Adviser, Media, to the Minister of Finance, Mr Festus Akanbi and issued to newsmen today in Abuja.

The statement also noted that a director in the Office of the Accountant-General of the Federation had been appointed as the acting Director-General of the directorate. The statement mentioned that Mayshak was suspended over alleged mismanagement of funds.

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