EFCC Arrests Ex-NDDC MD Nsima Ekere Over Alleged N47bn Fraud

Former Managing Director of the Niger Delta Development Commission (NDDC) Nsima Ekere, has been arrested by men of the Economic and Financial Crimes Commission (EFCC) for alleged Fraud to the tune of N47 Billion, Channels TV reports.

According to a spokesperson for the commission, Wilson Uwajaren, the former NDDC MD allegedly diverted the funds.

The 56-year-old was the All Progressives Congress (APC) governorship candidate for Akwa Ibom in the 2019 elections. He also lost the People’s Democratic Party (PDP) gubernatorial primary election to Governor Emmanuel Udom in 2015.

Nsima was the NDDC’s Managing Director between 2016 and 2018.

His arrest is the latest scandal to have been linked to the NDDC after President Muhammadu Buhari ordered a forensic audit of the agency in 2019.

The audit, which is being reviewed, covered the operations of the organisation from 2001 to 2019.

President Buhari, who lamented the alleged financial misappropriation in the NDDC, said his government will recover “every kobo” misappropriated.

Newzcruise

Newzcruise

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

General

Senator Alli congratulates Engr. Idris Adeoye on NSE fellowship honour

Senator (Dr) Sharafadeen Alli (APC-Oyo South) has congratulated APC chieftain, Engr. Idris Adeoye, on his conferment as a Fellow of the Nigeria Society of Engineers (FNSE). This is contained in a statement he personally signed and made available to newsmen on Monday in Ibadan. Alli described the honour as a well-deserved recognition of Adeoye’s outstanding […]

Read More
General

Senator Alli hails Ajimobi’s Ambassadorial nomination,

Senator (Dr) Sharafadeen Alli (APC- Oyo South) has congratulated former Oyo First Lady, Dr. Florence Ajimobi, on her nomination as a non-career ambassador by President Bola Ahmed Tinubu. This is contained in a statement he personally signed and made available to newsmen on Saturday in Ibadan. Senator Alli described the nomination as a deserving recognition […]

Read More
General

Circular Road: We’ll address property owners’ demands, says committee set up by Govt

The committee set up by the Oyo State governor, ‘Seyi Makinde, to look into issues of corridor and setback on the Senator Rashidi Ladoja Circular Road has been inaugurated, with the committee stating that it would look into the issues before it dispassionately with a view to finding a lasting solution. The committee, which comprises […]

Read More