Saturday, June 4, 2011

Jonathan Orders Probe Of Nddc's $20m Foreign Account


Tribune
04 June 2011

Jonathan Orders Probe Of Nddc's $20m Foreign Account
In apparent readiness to start the anti-corruption crusade from the home front amid worries arising from the internal bickerings orchestrated by the alleged poor handling of funds at the Niger Delta Development Commission (NDDC), President Goodluck Jonathan reportedly on Friday, ordered an inter-agency audit of the accounts of the oil-rich region’s interventionist agency.

Specifically, the presidential order is to, among other things, determine whether or not due process was followed in the transfer and lodgement of the sum of $20 million into a First Bank (UK) account of the NDDC.

The presidential directive to scrutinise the financial books of the NDDC came as stakeholders in the region tasked  the president to be “thorough, fair and uncompromising in the fight against corruption in the country as this tenure is a date with history.”

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