NDDC contractors lose N827.6m to EFCC

NDDC contractors lose N827.6m to EFCC

- EFCC has secured the final forfeiture of N827,679,098.32

- The money was forfeited by Flank Power Resources Limited and GMFD Ventures Limited

- They are linked to contractors with the Niger Delta Development Commission

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As the fight against corruption continues in Nigeria, Flank Power Resources Limited and GMFD Ventures Limited, have both forfeited the sum of N827,679,098.32 to the nation.

The companies are linked to contractors with the Niger Delta Development Commission (NDDC).

The forfeiture followed the order of Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, following allegations brought against the company by the Economic and Financial Crimes Commission (EFCC), This Day reports.

NDDC contractors lose N827.6m to EFCC

The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited
Source: UGC

Meanwhile, Legit.ng had reported that a non-governmental organisation, Centre for Good Governance (CGG) has called for the sack Godswill Akpabio, minister of Niger Delta Affairs and Prof. Daniel Pondei, the acting managing director of the NDDC.

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The group expressed this in a statement by the head of Research and Documentation, Douglas Azubuike.

The group also alleged that a member of Aso rock cabal has been shielding Akpabio from being sacked by the president.

"We equally read with dismay a press statement by the President's spokesman, Mallam Garba Shehu, that President Muhammadu Buhari should not be stampeded into taking decisions over the high level of corruption at the Niger Delta Development Commission (NDDC), and that 'Nigerians should allow the processes to run their full courses.

"We found the statement distasteful, embarrassing and astonishingly disturbing. 'What more do we need to unravel.

"Nigerians have watched on Television the monumental shame, disparagement and opprobrium the minister of Niger Delta Affairs and the Interim Management Committee ( IMC) of the NDDC has brought upon the nation and the nauseating dramas that characterised the probe.

"Just last week, we read a report in one of the National newspapers, that Nigerians scholars abroad now resort menial jobs to survive. Monies mean for their school fees and upkeep has been fraudulently diverted to private pockets of NDDC staffs. Indeed President Muhammadu Buhari admitted in an interview he granted on salah day, of a 'breach of trust'.

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"President Muhammadu Buhari is known globally as Anti- corruption czar and a man with integrity who wouldn't condone any act of financial malfeasance from anyone, let alone, a cabinet member in his government.

"The right thing must be done to ameliorate the sufferings of the people of the region," the statement read.

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Source: Legit

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