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House to probe Okonjo-Iweala over N29b police pension fund

By The Rainbow
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The Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, will again face scrutiny before the lawmakers over financial dealings by her ministry.

Okonkwo-Iweala, former Managing director in the World Bank, had faced several investigations in the hands of lawmakers who have tried unsuccessfully to impugn her integrity.

The House of Representative will upon resumption commence probe on her ministry over non-release of N29 bn police pension fund.

The chairman of the House Committee on Pension matters Hon. Ibrahim Bawa Kamba (PDP, Kebbi) disclosed this Sunday during an interview with reporters.

Kamba said Okonjo-Iweala refused to release the funds after it was discovered that there were problems with the police pension, adding that there was  about N29 billion in the pension account.

He  said  that she refused to give power to the director who is in charge of pension but instead moved  the funds to her office.