Why PTAD Boss, Nellie Mayshak, Was Suspended | Independent Newspapers Limited
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Why PTAD Boss, Nellie Mayshak, Was Suspended

Posted: Mar 27, 2016 at 8:30 am   /   by   /   comments (0)

The indefinite suspension handed down to erstwhile Executive Secretary, Pension Transitional Arrangement Department (PTAD), Nellie Mayshak, by the Minister of Finance, Kemi Adeosun, shocked members of the public following developments in the recent past which had marred the reputation of pension managers in the country.

A statement issued by the Special Adviser on Media to the Minister, Mr. Festus Akanbi, penultimate week had confirmed Mayshak’s suspension by Adeosun while a director from the Office of the Accountant-General of the Federation (OAGF) was also appointed as acting executive secretary of the directorate.

Apart from Mayshak, three other senior officials in the directorate were also suspended.
The statement added that the suspension was a normal civil service procedure, to pave way for an unimpeded investigation into the activities of the directorate under Mayshak’s watch.

However, apart from the announcement that the PTAD boss had been relieved of her duties, no attempt was made to give the details surrounding the development which had already put most public pensioners on the edge.

It was rumoured that Mayshak’s allegedly pocketed up to N60 million as monthly salary, a claim which her close associates had told Independent it was untrue and impossible. It however gathered that she arbitrarily fixed for herself salaries and allowances, far above what she ought to earn in her position, (though not anything close to the N60million being speculated) without recourse to Wages and Salaries Commission that fixes the salaries and allowances of Public Servants in her cadre. Independent checks further revealed the underbelly issues which led to her being suspended indefinitely.

Trouble started when Mayshak had during the tenure of the former Accountant General of the Federation, Mr. Jonah Otunla, demanded that the sum of N3 billion, which was earmarked for the verification of pensioners nationwide be released to enable her carry out the exercise. Otunla, however, reportedly declined her request and insisted that the verification exercise ought to be carried out by the OAGF and not PTAD.
The suspended PTAD boss further insisted that the money must be released to her, else she would not sign as a party for the withdrawal of the fund.

The disagreement lingered all through Otunla’s tenure, Independent further gathered, making it impossible for PTAD to draw the N3 billion during the former AGF’s tenure.
The issue was said to have been reintroduced to the new Accountant General, Mr. Ahmed Idris, who also insisted that the verification be carried out jointly by PTAD and OAGF.

But Mayshak, once again stuck to her guns and rejected the suggestion.
It was learnt that she later met with directors of the OAGF and maintained she wanted to carry out the exercise without any external support, a request which was further turned down.

Details Later ….