NDDC: Group raises alarm over ploy to cover-up N40bn fraud allegation at National Assembly

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
May 8, 2020
59
15
8
24
The Act for Positive Transformation Initiative, a Non-governmental Organisation, on Monday raised alarm over ploy by the Interim Management Committee of Niger Delta Development Commission (NDDC) to cover-up the N40 billion allegation before the National Assembly.

The allegation was contained in a statement titled: Public alert: “NDDC runs to National Assembly to cover up 40b fraud,’ signed by the Organisation’s Head, Directorate of Research, Strategy & Programmes (ACT), Mr Kolawole Johnson and made available to Tribune Online in Abuja on Monday.
According to him, the Interim Management Committee via a letter for virement sent to the National Assembly allegedly appeared to have tactically admitted the N40 billion fraud.
Mr Johnson also alleged that the IMC in its letter affirmed that it vired the sum of N40 billion approved for emergency road projects.

“This serves as a notice to the National Assembly that we are watching with keen interest as any underhand political settlement will not be allowed. We believe the commission will not have the effrontery to brazenly approach NASS for such a fraudulent virement without internal supports, especially when such spending is under investigation.