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Acting IGP Allays Fears Over Police Cooperatives Fund

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The acting Inspector General of Police (IGP),
Suleiman Abba, on Friday denied allegations
that funds deducted from salaries of police
men for the ‘police cooperatives’ of which
he is Chairman of the board, was being
siphoned through misappropriation.
Speaking during the distribution of shares
certificates of Nigeria Police Mortgage Bank
to men of the Nigeria Police Force, Abba
said, “I must tell you the system in handling
deductions in police cooperatives has been
going on for many years; if anybody is
complaining or is having problems with
crediting his account I think something is
really wrong”.
The acting IGP noted that: “Even if it exists
it may not be unconnected with the fact
that we have been struggling to
computerize the activities of the
cooperative”, he said adding that, “There
may be delay but not that anybody is
tampering with funds”.
Expressing concerns over the fears that the
funds were being siphoned, he said: “I
must tell you, I was worried because up till
last week some of us were complaining that
it was fraudulent and if I tell you I wasn’t
worried I will be telling lies, because my
hands were in it”.
Continuing, Abba said: “I was entrusted
with the funds in the cooperatives and I
was contributing billions to that venture
(Police Mortgage Bank). If for any reason
things had gone wrong, it wasn’t only the
former IG that would have been blamed”.
Speaking on the shares certificates of the
Police Mortgage Bank distributed to
policemen, IGP Abba said the establishment
of the bank was to enable the police easy
access to the funds of the National Housing
Scheme.
He said: “If you hear the billions we have
been contributing so far and we have not
been able to access it, because we do not
have an organized way of accessing it, you
will agree with me that establishing the
mortgage bank was a worthwhile venture”.

_Information Nigeria.

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