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Again NDDC Refutes Fraud Allegations

By Ayodele Oluwafemi

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NDDC cash cow

The Niger Delta Development Commission, NDDC has again refuted claims of financial impropriety peddled on some online platforms against the commission.

The commission observed that the campaign was targeted at bringing down the executive management of the commission and to hinder the commission from performing its intervention mandate.

It was observed that the campaign started from the petitions received by the Economic Financial Crime Commission, levelling financial impropriety against the commission, which are non-existent.

In a statement by the commissionā€™s Director of Corporate Affairs, Charles Obi Odili, the NDDC reiterated its commitment to Niger Delta citizens, assuring them of working towards the common good of the people.

“This campaign started with petitions to the Economic and Financial Crimes Commission (EFCC) alleging financial impropriety when there was none. It is instructive to note that officials of the crime commission being persons with proven intellect and integrity, saw through the pack of lies, and this exonerated the executive management from any malfeasance. The discerning public also saw through the monumental lie, as no person or entity in Nigeria can withdraw N2.8 billion, in cash, across the counter.

“Next came allegations of the ‘Squandering of N750 billion by the executive management in four months ‘. Laughable as allegation sounds, it has been repeated in several online platforms. Thankfully, none of the mainstream media outlets has caught on to this for the simple reason that the allegations defies common sense.

ā€œFor a start, the entire budget of the commission in the last two years is not up to that amount. Funds available to the commission in the last two years, is no where near the amount. How anyone can claim a commission can squander what it does not have beats the imagination. 

“Any one conversant with public sector rules, and the strict financial regulations enforced by the administration of President Muhammadu Buhari, will know that a government agency cannot spend what amounts to more than twice it’s two year’s budget in four months,” the statement read in part.

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