News NDDC welcomes National Assembly’s probe of 'N40 billion scam'

-

- Advertisment -

NDDC welcomes National Assembly’s probe of ‘N40 billion scam’

News NDDC welcomes National Assembly’s probe of 'N40 billion scam'
Pool Photo

The Niger Delta Development Commission (NDDC) has expressed the readiness of its Interim Management Committee (IMC) led by Prof. Keme Pondei to appear before the National Assembly following an allegation of N40bn scam.

The commission’s Director, Corporate Affairs, Charles Odili, in statement in Port Harcourt on Friday, said though there was no N40bn fraud in the commission, the IMC and the Minister of Niger Delta Affairs, Senator Godswill Akpabio, were ready to attend any public hearing on the matter.

He said: “The detractors of the commission are now hiding under the resolution of the National Assembly to trash the reputation of the Interim Management Committee, IMC. We wish to state that there is no N40 billion fraud in NDDC.

“As stated last week, the total sum received by the IMC is N33 billion, out of which it has spent N22 billion. The expenditure includes payment of staff salaries, service providers’ debts and contractual debts of N50 million and below.

“Can N40 billion be stolen when it did not exist? Is the payment of staff salaries and benefits, an act of corruption? Should poor helpless contractors who worked for the commission and were being owed for more than five years not be paid sums as low as N1 million?

“The commission concedes that the National Assembly has a constitutional right to investigate its operations, if and when it deems it necessary. However, we find allegations, which have no substance and serve no purpose other than generating adverse newspaper headlines unhelpful.

“These baseless allegations pose grave threat to the success of the forensic audit of the NDDC, directed by President Muhammadu Buhari, following widespread request by stakeholders, including Governors of the Niger Delta States.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Updates

Edo election: APC rejects Governor Obaseki’s victory

The All Progressives Congress (APC) has rejected the result of the September 19 governorship election in Edo State.The Independent...

Survival Fund: Nigerian government releases registration schedule as portal opens Monday

As the portal for the registration of prospective beneficiaries for the Survival Fund opens on Monday, the Federal Government...

Edo election: FCT residents commend INEC innovations, performance

Some residents of the Federal Capital Territory (FCT), have commended the Independent National Electoral Commission (INEC), on its performance...

Governor Wike: Godwin Obaseki’s victory ends Edo godfatherism

Governor of Rivers State, Nyesom Wike, has described the victory of Godwin Obaseki in the just concluded gubernatorial election...
- Advertisement -

#BBNaija: I disappointed myself for pissing Ozo off – Nengi

Nengi has expressed disappointment in her attitude towards Ozo at the Saturday night party.Nengi, who insists on a platonic...

#BBNaija: Ozo, Trickytee evicted from Biggie’s House

Housemates were on Sunday shocked when Ozo and Trickytee were evicted from BBNaija House.Ozoemena is a consultant and entrepreneur,...
- Advertisement -

You might also likeRELATED
Recommended to you