Wednesday, February 9, 2011

Fresh scandal rocks NDDC

Sun News
10 February 2011


The Economic and Financial Crimes Commission (EFCC) is set to probe into a fresh N31.9 billion scandal, rocking the Niger Delta Development Commission (NDDC). This is coming even as controversy over an alleged illegal transfer of US$20 million by management of the interventionist agency from an offshore bank account rages.

Impeccable sources hinted Daily Sun that the anti-graft agency might have begun discreet investigations on a petition written by Ifeanyi Nrialike & Co, an Abuja-based legal firm on behalf of the Niger Delta Justice and Mass Movement (NDJMM), a pressure group in the oil rich Niger Delta region.

In a letter to the chairman of the EFCC dated January 25, 2011, the petitioners alleged that the Management of the NDDC, Mr. Chibuzor Ugwouha, recently awarded a N27 billion consultancy contract to a Port Harcourt-based firm (name withheld) for the provision of consultancy service for the studies and design of the East-West coastal road for which an advance payment of N4,451,452,375.00 [$29.5m] was made without recourse to due process.

No comments:

Post a Comment