The Military Pensions Board (MPB), has denied the looting of N2.5billion pension fund, saying that the fund was not siphoned by top military brass, as alleged by an online medium.
Public Relations Officer, Military Pensions Board, Flight Lieutenant Olayinka Lawal in a statement on Wednesday, said the story was a deliberate falsehood aimed at tarnishing the good reputation of the board.
While admonishing pensioners and Nigerians to disregard the deliberate falsehood, the board explained that no fund is missing and no such amount was illegally transferred from the MPB account at the CBN to anyone within or outside Nigeria, apart from qualified military retirees or their NOKs.
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 was shared or looted by some persons.
“The Military Pensions Board (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 MPB has no link with the names published in the false publication. There are no records of the names listed in the publication at the Military Pensions Board.
“Although, MPB would have simply ignored the blatant lie peddled by these agents, but has chosen to set the records straight and defend itself in the court of public opinion. Nigerians are urged to enquire from qualified military pensioners across the country on the promptness of the payment of their entitlements. As of today, MPB does not owe any pensioner monthly pensions and will continue to work assiduously to ensure that the standards are maintained”.
The statement further   assured retirees of their 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.

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