Section 74: Notification of dismissed staff

(1) Every Pension Fund Administrator or Pension Fund Custodian shall notify the Commission of any staff that is dismissed, his appointment terminated or advised to retire or resign on the grounds of fraud, misconduct or dishonesty.
(2) The Commission shall maintain a list of persons :
(a) who have been dismissed;
(b) whose appointments are terminated; and
(c)
who are advised to retire or resign, on the grounds of fraud, misconduct or dishonesty, and shall circulate such list to Pension Fund Administrators and Pension Fund Custodians.
(3)
The Commission may, if it deems fit in the circumstances, circulate to other regulatory agencies the list of persons maintained under sub-section (2) of this section.
(4)
It shall be the duty of all government appointing or screening and or confirming bodies to make sure that no person that has been indicted in any form of pension fraud or crime be allowed to serve in any pension and or finance administration in Nigeria.