Finance Ministry Confirms Suspension of Director-General PTAD Boss

The Federal Ministry of Finance, has confirmed the indefinite suspension of Mrs Nellie Mayshak, the Director-General, Pension Transitional Arrangement Directorate (PTAD), and three other senior staff of the directorate.

This was disclosed in a statement signed by the Special Adviser, Media, to the Minister of Finance, Mr Festus Akanbi and made available to the press  on Friday in Abuja.

The statement said the Minister of Finance, Mrs Kemi Adeosun placed Mayshak on suspension.

It added that a director in the Office of the Accountant-General of the Federation had been appointed as the acting Director-General of the directorate.

The statement said that Mayshak was suspended over alleged mismanagement of funds.

The statement described the suspension as normal civil service procedure to pave way for an unimpeded investigation into the activities of the directorate under the watch of Mayshak.

“While the ministry assures pensioners that the suspension will not affect pension payment and services, it promises to make public the findings of the investigative panel on the issues leading to the suspension,’’ it added.