NDDC house of fraud: Senate uncovers fresh embezzlement in commission

0
579
embezzlement

NDDC house of fraud: Senate uncovers fresh embezzlement in commission

The Senate said it had received fresh fraud allegations against the management of the Niger Delta Development Commission, NDDC.

The red chamber said the new financial infractions were not captured in the list of the allegation of N40bn reckless spending which a whistle-blower brought against the NDDC to the parliament recently.

The Senate said the fresh probe would be handled by the Senate Committee on Ethics, Privileges and Public Petitions.

The chairman of the panel, Senator Ayo Akinyelure, confirmed the development in an exclusive interview with Punch Newspaper in Abuja.

He explained that the acting Managing Director of the NDDC, Kemebradikumo Pondei, would be summoned after the Senate panel had concluded its public hearing involving the United Bank for Africa Plc and the liquidators of the defunct NITEL/EMTEL, which would take place next Wednesday.

Akinyelure said, “There is a petition that has just been sent to my committee by the leadership of the Senate.

“I received it on Tuesday. It is about the alleged fraudulent practices of the acting Managing Director of the Niger Delta Development Commission.

“I will take my time to study the petition. Our committee will invite him as soon as we conclude hearing on the case involving the UBA which is before our committee.

“We will invite the MD to come and explain to the whole world how he allegedly misappropriated billions of funds as the head of the agency.”

The Chairman, Senate Committee on Niger Delta Affairs, Senator Peter Nwaoboshi, however, gave a hint about some of the fresh allegations against Pondei in a statement he signed last week.

Nwaoboshi had while reacting to the allegations by the Minister of Niger Delta Affairs, Senator Godswill Akpabio, wondered while the former Akwa Ibom State governor chose to blackmail lawmakers instead of checking the alleged daily reckless spending in the NDDC despite its probe by the National Assembly.

Nwaoboshi alleged that the Interim Management Committee of the NDDC under Pondei paid N39.4m to a media outfit, Messrs Clear Point Consultancy, to defend media attacks against Akpabio.

He alleged that Pondei’s IMC was using taxpayers’ money to launder Akpabio’s image.

The senator also said the IMC was allegedly paying N51.8m every month as an allowance to Pondei while other members of the team were allegedly being paid N18m monthly.

Nwaoboshi said, “The above revelations are just a tip of the mind-boggling and reckless payments running into billions of naira by the IMC members to themselves and expended with the approval of Mr Akpabio.”



Add 0808 360 9209 to receive SKYTREND NEWS alerts on whatsApp;
For adverts enquiries, call or whatsapp 0808 360 9209,
Send Articles & News Stories To editor@skytrendnews.com.

READ ALSO! Skytrend Consulting: Financial services and accounting solutions company

READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu

READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn

READ ALSO! Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%

READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds

READ ALSO! Is N-Power Truly Empowering Nigerian Youths?

READ ALSO! TraderMoni: Poverty Alleviation Or Political Leverage?