‘Spurious, Unfounded’, Military Pensions Board Dismisses Report Of Missing N2.5Bn

Spurious, Unfounded, Military Pensions Board Dismisses Report Of Missing N2.5Bn

The Military Pensions Board on Wednesday dismissed as spurious and unfounded, an online report of a missing N2.5 billion allegedly withdrawn from the board’s account with the Central Bank of Nigeria (CBN) and shared among some top military brass.

The Board, in a statement by its Public Relations Officer, Flight Lieutenant Olayinka Lawal, urged military pensioners to disregard the “spurious allegation”.

The statement reads in part: “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 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.”

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