The House of Representatives’ Ad Hoc Committee investigating the activities of the National Pension Commission and Violation of the PenCom Act has alleged that the regulatory body has refused to provi
de the statement of its accounts with the Central Bank of Nigeria.
There were also representatives of the Office of the Secretary to the Government of the Federation and Civil Society Organisations in attendance. The Chairman of the committee, Mr Johnson Agbonayinma, had noted that there were irregularities between the information provided by PenCom and the statement of account of the commission provided by the CBN.
The hearing took a dramatic turn when the PenCom boss was asked how many accounts the commission operated with the CBN, and he answered, “I think it is about three.”
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