NDDC: 1,773 contractors allegedly abscond with N70.4bn mobilisation fees

NDDC: 1,773 contractors allegedly abscond with N70.4bn mobilisation fees

- The Niger Delta Development Commission (NDDC) continues to face more turbulent period in its existence

- Revelations about N70.495 billion paid to 1,773 contractors by the commission is beginning to manifest

- An ad-hoc committee of the House of Representatives has started an investigation into the allegation

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Fresh revelations are emerging as per the alleged N70.495 billion paid to a total of 1,773 contractors by the Niger Delta Development Commission (NDDC) as mobilisation fees.

This is coming as the Nigerian House of Representatives began its investigation into the funds allegedly paid to the contractors without resorting to the site between 2008 and 2012.

In a report by Nigerian Tribune, Honourable Wole Oke, the chairman House committee on public accounts highlighted the need for the acting managing director of NDDC, Professor Pondei Kemerbrandikumo, to provide details of the projects and list of defaulting contractors.

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Oke is presiding over the investigative hearing into the audit queries from the Auditor-General for the Federation (AGF) for the period under review.

NDDC: 1,773 contractors allegedly abscond with N70.4bn mobilisation fees

NDDC: 1,773 contractors allegedly abscond with N70.4bn mobilisation fees
Source: Twitter

From the audit report, it showed that between 2011 and 2012, 90% of contractors collected mobilisation fees without going to the site for contracts that should have been completed within six months.

Nonetheless, 60% of the contractors during the investigation hearing argued that they had completed the projects. They further said the claims are frivolous and cannot be verified.

The AFG maintained that the commission is recycling the same contractors. The NDDC acting managing director, on his part, noted that the funds have been recovered from some contractors leaving the balance of N19 billion outstanding.

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Earlier, Legit.ng reported that one of the contractors accused of signing contract agreements for 11 different companies in the NDDC, High Chief Nelson Agbamuche, has vehemently denied the allegation.

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Reacting to a recent statement by the intervention agency suggesting that the chairman, Senate committee on Niger Delta, Peter Nwaoboshi, used 11 of his companies for the execution of contracts worth about N3.6 billion, Agbamuche said such allegation was a baseless fabrication by mischievous officials and management of the NDDC.

He, however, alleged that the commission attributed ownership of his companies to unknown persons, noting that the move could be a sinister plot to by fraudulent individuals to divert what rightfully belongs to him.

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Source: Legit.ng

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