Business
Pension Scam: Senate Threatens Budget Office DG With Arrest
The Senate Joint Committee on Establishment, Public Service, States and Local Governments has threatened to arrest the Director-General of the Budget Office, Bright Okogu over his failure to honour an invitation to testify before the committee on the ongoing Pension Fund Mismanagement investigation.
Recent investigations by a Pension Special Task Force and the Economic Financial Crimes Commission (EFCC) have revealed that there was gross impropriety in the management of the Pension Funds with over a hundred billion Naira embezzled by government officials responsible for managing the funds. In an instance it was discovered that a single government official had over 100 bank accounts in a single bank to serve as a conduit for his corrupt practices.
Speaking on Bright Okogu’s failure to testify before the panel, the chairman of the Senate Committee heading the investigation, Aloysius Etok, said, “The Senate has power to invite any individual or corporate institution in any part of the country to facilitate its function”.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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