{"id":26999,"date":"2020-08-11T14:55:48","date_gmt":"2020-08-11T14:55:48","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=26999"},"modified":"2020-08-11T14:55:48","modified_gmt":"2020-08-11T14:55:48","slug":"alleged-misuse-of-n3-4bn-suspended-nsitf-management-gives-conditions-to-face-probe-panel","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=26999","title":{"rendered":"ALLEGED MISUSE OF N3.4BN: Suspended NSITF management gives conditions to face probe panel"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/www.ripplesnigeria.com\/wp-content\/uploads\/2019\/04\/Ngige-e1557321303345.png\" alt=\"Ngige\"\/><\/figure>\n\n\n\n<p>The suspended management of the Nigeria Social Insurance Trust Fund (NSITF) has declared that it is ready to face probe, over alleged N3.4 billion financial infractions leveled against it, only if it is conducted by an independent panel of inquiry.<\/p>\n\n\n\n<p>In a statement issued on Monday by the fund\u2019s suspended Managing Director, Adebayo Somefun, the management noted that under the principle of fair hearing, the minister should not have constituted the investigative panel, being an interested party.<\/p>\n\n\n\n<p>Reacting further to the probe panel set up by Labour and Employment Minister,&nbsp;<a href=\"https:\/\/www.ripplesnigeria.com\/ngige-faleke-reduce-reps-nsitf-probe-hearing-to-shameful-comedy-video\/\">Chris Ngige<\/a>, Somefun who was speaking on behalf of the suspended management said that the Presidential Joint Board and Audit Investigation Panel to probe alleged financial impropriety was pre-selected.<\/p>\n\n\n\n<p>Somefun also queried the omission of the representative of Nigeria Employers\u2019 Consultative Association (NECA), Taiwo Adeniyi, who heads the NSITF board\u2019s Finance Committee.<\/p>\n\n\n\n<p>According to him, the strange and suspicious barring of Adeniyi, who is also the President of NECA, from the panel, indicated the possibility of an already pre-planned indictment of perceived non-loyalists within the agency.<\/p>\n\n\n\n<p>He said: \u201cAll that were done in the award of contracts, training and budgets of the agency were approved by Ngige and the Parastatals Tenders Board, as the case may be.<\/p>\n\n\n\n<p>\u201cThe suspended management approached the National Industrial Court (NIC) to enforce the spirit of fair hearing on the allegation of infractions Ngige levelled against some workers of the agency.<\/p>\n\n\n\n<p>\u201cThe clarification became necessary after Ngige accused the affected workers of dragging him and President&nbsp;<a href=\"https:\/\/www.ripplesnigeria.com\/tag\/Buhari\">Muhammadu Buhari<\/a>&nbsp;to court over allegation of financial infractions.<\/p>\n\n\n\n<p>\u201cWe hold in high esteem the office of the President and that of the Minister of Labour and Employment, as the representative of the President. We did not drag Mr. President to court. The office of Mr. President is highly revered and regarded by us because he appointed us in the first place,\u201d Somefun added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The suspended management of the Nigeria Social Insurance Trust Fund (NSITF) has declared that it is ready to face probe, over alleged N3.4 billion financial infractions leveled against it, only if it is conducted by an independent panel of inquiry. In a statement issued on Monday by the fund\u2019s suspended Managing Director, Adebayo Somefun, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_mi_skip_tracking":false},"categories":[42],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ALLEGED MISUSE OF N3.4BN: Suspended NSITF management gives conditions to face probe panel &raquo; WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=26999\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=26999#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corruption\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=42\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"ALLEGED MISUSE OF N3.4BN: Suspended NSITF management gives conditions to face probe panel\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ALLEGED MISUSE OF N3.4BN: Suspended NSITF management gives conditions to face probe panel &raquo; WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=26999","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=26999#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Corruption","item":"https:\/\/watchdogplusmedia.com\/?cat=42"},{"@type":"ListItem","position":3,"name":"ALLEGED MISUSE OF N3.4BN: Suspended NSITF management gives conditions to face probe panel"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=42\" rel=\"category\">Corruption<\/a>","rttpg_excerpt":"The suspended management of the Nigeria Social Insurance Trust Fund (NSITF) has declared that it is ready to face probe, over alleged N3.4 billion financial infractions leveled against it, only if it is conducted by an independent panel of inquiry. In a statement issued on Monday by the fund\u2019s suspended Managing Director, Adebayo Somefun, the&hellip;","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/26999"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26999"}],"version-history":[{"count":-4,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/26999\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}