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NSITF Board to probe MD, 3 others over alleged financial breaches

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NSITF Board to probe MD, 3 others over alleged financial breaches


The Management Board of Nigeria Social Insurance Trust Fund (NSITF) says it will probe the activities of the suspended managing director and three executive directors of the organisation.

The Chairman, NSITF Board, Mr Austin Enajemo-Isire, disclosed this in a statement on Sunday in Enugu.

Enajemo-Isire said that the investigative panel would afford the affected management staff of the organisation the opportunity to clear themselves of any wrong doing.

He said that the approval for the suspension of the affected staff had been conveyed to the minister in charge of the ministry in a correspondence referenced SGF. 47/511/T/99 of June 30, 2020.

“The minister has conveyed this approval and directives to me for necessary action in terms of setting up a board-driven investigative panel.

“This is to give the affected officers the opportunity to clear themselves of the financial and procurement breaches and acts of gross misconduct and other infractions that gave rise to their prima facie indictment.

“It is in this light that I have decided to call a virtual meeting of the management board on Tuesday, July 7, 2020, to consider the modalities for our action,” he said.

Enajemo-Isire therefore appealed to staffers of NSITF and their social partners to keep calm and exercise restraint.

Edited By: Angela Okisor/Muhammad Suleiman Tola (NAN)

Emma Acha: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a media subscriber of the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

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