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Military Pensions Board Denies Alleged Missing Funds

-by our correspondent.

The Military Pensions Board (MPB) says unsubstantiated allegations that  pension funds were missing, is untrue.

In a statement signed by the Public Relations Officer, Flight Lieutenant Olayinka Lawal, , the board advised the public to disregard, in its entirety, the false publication circulating in the country, describing it as the handiwork of idle minds.

The statement reads; “The Attention of the Military Pensions Board has been drawn to an outrageous and spurious publication in the social media purporting that an imaginary whooping sum of N2.5billion of MPB funds were shared or looted by some persons.

“The MPB wishes to inform our esteemed pensioners and all Nigerians to disregard, in totality, the deliberate falsehood being peddled by these online and social media news outlets that such amount of money was misappropriated by the MPB in conjunction with some “top Military Chiefs.”

“For the avoidance of doubt, it is important to state clearly that no fund is missing and no amount of money was illegally transferred from MPB account at the CBN to anyone within or outside Nigeria, apart from qualified military retirees or their NOKs. Our operations are transparent and the records are up to date.

The statement said the board has no link with the names listed in the false publications as there were no such names on their records adding that MPB does not owe any pensioner monthly pensions and will continue to work to ensure that the standards are maintained.

“Finally, our esteemed retirees are assured of our devotion to sustain the prompt payment of all entitlements of military retirees or their NOKs in a transparent and accountable manner and to uphold principles of fairness and service to humanity in the discharge of the Board’s mandate.” The statement further read.

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