Nigerian Senate and the Pension Fund Scam
“This is not only a monumental fraud, but a national embarrassment. This is one report that the government should not ignore, it should be implemented.” – Senate President, David Mark on Thursday, June 21, 2012 I couldn’t agree more with the above statement credited to Nigeria’s Senate President, David Mark while adopting the recommendations of the Senate probe into the pension scam. There is no gainsaying that Nigeria has totally been engulfed and enveloped by corruption. Hardly will a week pass without one story or the other about high level corruption. I doubt if the Transparency International will not place us once again at the lower rung of the ladder of countries with high proclivity for corrupt practices. Six months into year 2012, there have been several corruption related scandals involving both private and public sectors. There have been the over one trillion Naira fuel subsidy scam, the $620,000 bribery allegation involving the chairman and the secretary of the committe...