FG suspends Pension DG over billion naira scam exposed through BVN – TheCable

According to TheCable, the director-general of the Pension Transitional Arrangement Directorate (PTAD) of the federal ministry of finance, Nellie Mayshak, has been placed on indefinite suspension for an alleged fraud running into billions of Naira which was recently discovered in the Directorate.

PTAD was established in August 2013 under the Pension Reform Act (PRA) of 2004 to oversee the management of pensions under the defined benefit scheme for pensioners not transiting to the defined contributory scheme. 

The Biometric Verification Number (BVN) scheme enforced by Pres. Buhari, was reported to have led to the discovery of several shady dealings. Prior to her appointment as DG, Nellie was the National Programme Manager for the Federal Public Administration Reform Programme, a UK Government/ FG of Nigeria collaboration to reform the Public Service of Nigeria. 

She is an international development expert with over 25 years experience in public sector management, both in Canada and internationally. She has been involved in international development projects in Eastern Europe, China and many African countries, including Angola, Cameroon, Ghana, Kenya, Liberia, South Africa and Sudan.

Prior to her consulting practice, she worked in senior management positions in the Ontario (Canada) Public Service. She also served as the Deputy Director for International Programs at the institute of Public Administration of Canada, IPAC.

She holds a BA from the University of Ife, MA in Sociology from the University of British Columbia, Canada. She also completed all but the dissertation requirements towards a doctorate in Sociology from the University of Toronto, Canada. Mayshak is alleged to be the highest earning government official, with a monthly salary of just N60m…. which is considered too small for a public servant….


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